Principles of Pharmacoeconomics: Lecture 1 Background

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Which of the following is considered an indirect cost that can be reliably calculated from data?

Reduced productivity at work

What is the main characteristic of intangible costs?

They are impossible to measure

Which of the following is an example of a fixed cost in healthcare?

Building hospitals

Which of the following is an example of a variable cost in healthcare?

Disposable equipment

How are staff costs classified in healthcare?

They can be either fixed or variable costs

What is the main difference between fixed and variable costs in healthcare?

Fixed costs are incurred whether patients are treated or not, while variable costs are incurred from patients' treatment

What is the main characteristic of semifixed costs in healthcare?

They may increase only with a large increase in activity

Which of the following is NOT a component of fixed costs in healthcare?

Variable costs

Which of the following is a type of indirect cost in healthcare that is difficult to measure?

Anxiety and pain from illness or treatment

What is the main purpose of identifying intangible costs in healthcare?

To understand the full impact of healthcare interventions

Learn about economic evaluations, costs, and outcomes in pharmacoeconomics. Understand how pharmacoeconomics compares and analyzes the costs of drug therapy to health care systems and society.

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