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Health economics in mental health. 1: Principles

  • Neil Craig (a1) and Cameron Stark (a2)
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This is the first of two papers which summarise key concepts in health economics and explains the differences in the various types of economic evaluation published in the economics literature. Examples from the economic analysis of mental health care are used to illustrate the key points. This paper explains the concepts of scarcity, rationing, opportunity cost and efficiency from a health economics perspective, and presents an ethical argument for the use of health economics in making decisions on resource use in mental health care.

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Copyright
This is an Open Access article, distributed under the terms of the Creative Commons Attribution (CC-BY) license (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted re-use, distribution, and reproduction in any medium, provided the original work is properly cited.
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References
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Drummond, M. & Maynard, A. (1993) Purchasing and Providing Cost-Effective Health Care. Edinburgh: Churchill Livingstone.
Goldberg, D. & Huxley, P. (1980) Mental Illness in the Community: The Pathway to Psychiatric Care. London: Tavistock.
Knapp, M. (ed.) (1995) The Economic Evaluation of Mental Health Care. Aldershot: Arena.
Mooney, G. H. (1991) Economics. Medicine and Health Care. Brighton: Wheatsheaf Books.
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BJPsych Bulletin
  • ISSN: 0955-6036
  • EISSN: 1472-1473
  • URL: /core/journals/bjpsych-bulletin
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Health economics in mental health. 1: Principles

  • Neil Craig (a1) and Cameron Stark (a2)
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