Economics Evaluation:
An Overview
Dr Abdul Rahman Ramdzan Health Economist
“a technique that was developed by economists to assist decision making when choices have to be made between
Why conduct economic evaluation?
To assist in setting priorities, making resource allocation decisions and
designing services when there are competing health interventions and limited resources.
Will assess efficiency, sustainability,
and cost-effectiveness of programs
or interventions.
Economic evaluation
Steps in economic evaluation
Define program's objectives
Describe competing alternatives to achieve those objectives
Identify and measure the costs of each option Identify and measure the consequences of
each option
Calculate the cost-consequences of each option and interpret the results
