Health economics is an applied field that uses economic theory to study the production, consumption, and distribution of health services, aiming to improve health outcomes efficiently and equitably. It addresses resource scarcity by analyzing healthcare financing, provider behavior, and the cost-effectiveness of interventions, with a focus on enhancing both quality of care and accessibility. Health economics is an applied field of study that examines and finds systems-based solutions to make healthcare more equitable, accessible, and affordable for all. Health economists seek to understand the role that stakeholders (such as healthcare providers, patients, private insurance companies, government agencies, corporations, and public organisations) play in healthcare spending. From a Public Health point of view, health economics is just one of many disciplines that may be used to analyse issues of health and health care, specifically as one of the set of analytical methods labelled Health Services Research. But from an economics point of view, health economics is simply one of many topics to which economic principles and methods can be applied.