What is Health Economics?

Economics is the study of insufficiency of resources. Health economics is a combination of two fields – economics and health care. This field is widely applied all over the world. Health economics applications refer a willingness to achieve maximum monetary value by establishing clinical and cost-effectiveness of healthcare provision.

Role of Department

Center of Health Economics Research was established in spring 2017 under the umbrella of Pakistan Institute of Living and Learning. The department is providing high-quality research and teaching with the help of internationally renowned faculties in the field of Health Economics & Biostatistics. The Center of Health Economics Research has taken pioneer step to overcome problems arise about health and financial aspect of selection of best treatment. Department is aimed to produce Health Economist that would be involved in setting out the priorities for the best allocation of resource, making policies and criteria for successful interventions, offering choices to public health decision makers. The department is also providing helping hand to local researchers in the relevant field and provides better understanding about scarcity of resources in Pakistan and availing opportunities to overcome health related issues with limited resources.

Goals

To understand the nature and implications of health Economics across the globe specially in Pakistan.
To evaluate risks and challenges those come across in economic development of healthcare sector.
To provide the financial ease to people in choosing best alternative in terms of healthcare solutions.
To declare the innovation policies of Health Economics for the global digital age.

Our Department Is Working On Several Domains Of Studies

Research

Faculties in the department are currently busy in providing quality of outcomes from scientific, epidemiology and observational studies. Beside economic evaluation of existing data sets from studies, department is also working on reviews on different themes. Economic survey studies are taking place whilst analyzing published data from governmental sources.

Capacity And Capability Buildings

A department has keen interest in collaboration with health economics researchers across the globe and invites them to contribute in current research projects.

Department helps health economics researchers in their carrier path and offers Master and Doctorate Degree from World Renowned Universities.

Department is also offering series of courses in discipline of Health Economics. Fundamentals of health economics course is comprised of basic concepts of health economics. This course is pre requisite of intermediate and advance level diploma study.