From a Public Health point of view, health economics is just one of many disciplines that may be used to analyze issues of health and health care, specifically as one of the sets of analytical methods labeled Health Services Research. But from an economics point of view, health economics is simply one of many topics to which economic principles and methods can be applied. So, in describing the principles of health economics, we are really setting out the principles of economics and how they might be interpreted in the context of health and health care.
Health economics in public health is a field that applies economic principles and methods to analyze and evaluate the allocation, distribution, and utilization of healthcare resources within the context of public health. It focuses on understanding the economic aspects of health and healthcare, including the costs, benefits, and efficiency of interventions, policies, and healthcare systems.
Here are some key aspects of health economics in public health: