Subdomain

Economic Evaluation

Economic evaluation compares the costs and consequences of two or more alternative courses of action, so that decision makers can judge whether an intervention offers good value for the money spent on it. The main forms differ in how they measure consequences: in natural units, in quality-adjusted life years, or in money. Budget impact analysis sits alongside them and asks a different question, about affordability.

Topics

• Cost-effectiveness analysis

  Active Comparator, Average Cost-Effectiveness Ratio, Comparator and more

• Cost-utility analysis

  Absolute Shortfall, Cost per QALY, Cost-Utility Analysis and more

• Cost-benefit analysis and investment appraisal

  Benefit-Cost Ratio, Break-Even Analysis, Break-Even Point and more

• Budget impact analysis

  Affordability, Affordability Threshold, Budget Approval and more

• Discounting

  Age Weighting, Differential Discounting, Discount Rate and more

• Evaluation types and frameworks

  Cost-Consequence Analysis, Cost-Minimisation Analysis, Decision Problem and more

• Disease-area economics

  Addiction Treatment Economics, Adolescent Mental Health Economics, Alcohol Use Economics and more

Glossaries

• Cost-Effectiveness Analysis glossary
• Budget Impact Analysis glossary