Introduction to Health Economics

Introduction to Health Economics provides a foundational overview of the discipline, exploring how scarce resources are allocated and utilized within the healthcare sector in Zambia and globally. This topic is essential for Zambian university and college students pursuing degrees in public health, health policy, economics, or related fields. It covers the distinction between health and healthcare, the unique characteristics of healthcare markets, and the pivotal role of government intervention. Students will learn key economic concepts such as scarcity, opportunity cost, and market failure as they apply to health systems. Mastery of this topic is crucial for understanding the economic challenges facing the Zambian health system, informing evidence-based policy decisions, and preparing for examinations and professional roles in health administration, policy analysis, and research. The content supports learners in developing a critical economic lens to evaluate healthcare financing, delivery, and equity, directly contributing to career readiness in Zambia's growing health sector.