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. 2007 Nov;66(Suppl 3):iii35–iii39. doi: 10.1136/ard.2007.078964

Table 1 Types of economic analyses.

Type of analysis Effectiveness measure Use
Descriptive studies
Cost‐of‐ illness study None Description of all costs related to a disease. Policy information and basis for economic evaluation
Economic evaluations
Cost‐effectiveness analyses
Cost minimisation Not measured, as it assumes that the effect of the alternatives is identical Comparison of treatments within the same indication
Cost‐effectiveness Uni‐dimensional disease‐specific measure (eg, patients cured, life‐years saved, disease‐free time) Comparison of treatments within the same indication
Cost utility Multidimensional outcome measure combining quality of life and life expectancy Comparison across indications
Cost–benefit analysis
Cost benefit Health benefit expressed in monetary terms (eg, willingness to pay) Comparison across different sectors of the economy