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Types = of economic analysis
Next<= /span>   = ;  Back<= /span>   = ;  First=       Home<= /span>
–Monetary terms
•Cost-effectiveness
–E.g. lives saved, life years gained
•Cost-utility
–Quality Adjusted Life Years (QALYs)
–Utilitarian
•Cost-value
–Includes distributive concerns <= /div>
–Uses person trade-offs
•E.g. 100 averted cases X =3D 1 life saved =3D> = V(X) =3D 0.99
–References:
•Nord E. Health Policy 1993, 24, 227-238.
•Nord et al. Health Economics 1999,8,25-39.
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