Health Economics is a branch of economics that studies how healthcare resources are produced, distributed, and used. It focuses on making the best use of limited resources (like doctors, hospitals, medicines, and funds) to improve people’s health. Health economics analyzes costs and benefits of healthcare services, helps governments and organizations decide how to allocate budgets, and evaluates the efficiency of healthcare systems. It also deals with important issues such as health insurance, pricing of medicines, hospital management, and policies for public health. By applying economic principles to healthcare, health economics ensures that resources are used fairly, efficiently, and in a way that maximizes the health of individuals and communities.