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.
W
- Welfare EconomicsWelfarism, Welfare Theory
- In health economics, the branch of economics concerned with evaluating how the allocation of resources and health affects the overall wellbeing of society, providing the normative basis for cost-benefit and cost-effectiveness analysis.