national accounts are descriptors. they describe the state of an economy and form the raw material for both assessing its performance and prescribing policy. national accounts embody information essential for economic evaluation. the framework for national accounts currently in use throughout the world, however, suffers from extreme narrowness. vast quantities of information relevant for econom...

Authors: Stephen Goodall and Rosalie Viney Prepared: July 2011 SUMMARY • The aim of economic evaluation is to inform clinical and health system decision making and policy • Every time a decision is made about a new technology or treatment, a decision is also made about resource allocation • Economic evaluation is a formal and systematic comparison of the costs and benefits associated with two o...