Question
1.Explain TWO (2) types of economic evaluation in health care. (10 marks) 2.(a)Consider a project that costs RM10,000 today and provide net benefits of RM5,000
1.Explain TWO (2) types of economic evaluation in health care.(10 marks)
2.(a)Consider a project that costs RM10,000 today and provide net benefits of RM5,000 in Year 1, RM3,500 in Year 2 and RM3,000 in Year 3. Using CBA, will this project be approved at 5% discount rate? Justify your answer.(10 marks)
(b)What is Quality Adjusted Life Years (QALY)? (5 marks)
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The Macro Economy Today
Authors: Bradley R. Schiller, Karen Gebhardt
14th edition
1259291820, 978-1259291821
