Health Economics deals with how individuals and societies choose to allocate scarce productive resources among alternative uses for health promotion, illness prevention, health maintenance and health improvement, as well as the considerations of equity in the distribution of access to health care services and equity in the distribution of health outcomes. Members of this cluster are engaged in studying the role of incentives, behaviours of health care providers and patients, health system characteristics, health services institutions, and evaluation of health technology and policy that influence health of the individuals and populations, including marginalized populations. Using a variety of mathematical and statistical techniques, members of this cluster publish theoretical models, empirical evaluation of theoretical insights, cost-effectiveness analyses, value of information analyses, and comparative effectiveness analyses to inform policy decisions from a variety of perspectives.
To improve clinical and population health outcomes in a cost-effective manner.
- Undertaking innovative and policy-relevant health economics research that will generate publications in the world’s leading Health Economics, Health Policy, Health Care Management, and Epidemiological and Clinical journals.
- Training the new generation of undergraduate, graduate and post-doctoral trainees interested in cutting-edge health economics and economic evaluation research.
- Advancing methodological research in the field of health economics by drawing new insights from Economic Theory, Econometrics, Statistics, Epidemiology, Biostatistics, Management Science, Computer Science, and Life Sciences.
- Contributing to national and international policy decision making through knowledge translation and exchange activities.