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Definitions
Economics: The study of how a society with limited resources decides what goods to produce, how to produce them, and how to distribute them among its members. Resources mean: Money man- material time.
Definitions
Health economics: It is the study of the value of health and how it can be produced most efficiently and distributed to maximize social welfare. is concerned with the connection between health and the resources which are consumed in promoting it.
People have infinite needs but They have finite(limited) resources They have to make choices which needs are most important How to use available resources.