Dictionary
The Dictionary provides concise definitions of health economics terms, arranged alphabetically for quick reference. Use it to understand unfamiliar terminology or confirm the meaning of a specific term.
D
- Diseconomies of Scale
- A situation in which average cost of production rises as output increases, often due to coordination difficulties or capacity constraints.
E
- Economies of Scale
- A situation in which average cost of production falls as output rises, typically because fixed costs are spread across greater volume.