Cardiff, United Kingdom

Applied Health Economics

Master's
Language: EnglishStudies in English
Subject area: medicine, health care
Qualification: MSc
Studies online Studies online
Master of Science (MSc)
University website: www.southwales.ac.uk
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Health
Health is the ability of a biological system to acquire, convert, allocate, distribute, and utilize energy with maximum efficiency. The World Health Organization (WHO) defined human health in a broader sense in its 1948 constitution as "a state of complete physical, mental and social well-being and not merely the absence of disease or infirmity." This definition has been subject to controversy, in particular as lacking operational value, the ambiguity in developing cohesive health strategies and because of the problem created by use of the word "complete", which makes it practically impossible to achieve. Other definitions have been proposed, among which a recent definition that correlates health and personal satisfaction.
Health Economics
Health Economics is a monthly peer-reviewed academic journal published by John Wiley & Sons, covering the subject of health economics. It was established in 1992.
Economics
Economists have never allowed their analysis to be influenced by psychologists of their time, but have always framed for themselves such assumptions about psychical processes as they have thought it desirable to make.
Joseph Schumpeter, History of Economic Analysis, 1945. p. 27
Health
There are three wicks you know to the lamp of a man's life: brain, blood, and breath. Press the brain a little, its light goes out, followed by both the others. Stop the heart a minute, and out go all three of the wicks. Choke the air out of the lungs, and presently the fluid ceases to supply the other centres of flame, and all is soon stagnation, cold, and darkness.
Oliver Wendell Holmes, Sr., The Professor at the Breakfast Table (1859), XI.
Economics
Men did not make the earth. ... It is the value of the improvements only, and not the earth itself, that is individual property. ... Every proprietor owes to the community a ground rent for the land which he holds.
Thomas Paine, Agrarian Justice (1795–1796).
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