Jed. Mlangwa et Kl. Samui, THE NATURE OF ANIMAL HEALTH ECONOMICS IN RELATION TO VETERINARY EPIDEMIOLOGY, Revue scientifique et technique - Office international des epizooties, 15(3), 1996, pp. 797-812
Animal health economics is being formally integrated into such institu
tions as sub-Saharan African universities and Veterinary Services. Unf
ortunately, the nature of the relationship between economics and epide
miology is not clearly understood. Economics has an extensive theoreti
cal apparatus and an array of methods and techniques. Animal health ec
onomics has two interrelated branches: economics for the planning and
management of animal health services and economic analysis of diseases
and interventions. Epidemiology and economics, although separate scie
ntific areas, are complementary when the goal is efficient management
of animal health and associated delivery systems. In performing econom
ic analyses, an 'economic model' should determine data requirements (e
pidemiological and socio-economic), as such analyses invariably requir
e epidemiological inputs. The core concepts in economic analysis are a
s follows: conceptual models, opportunity cost of resources, marginal
analysis and partial analysis. Important methods include statistical m
odels, mathematical programming, budgets, cost minimisation, decision
analysis, variants of cost-benefit analysis and simulation. Given the
nature of animal health economics, veterinarians who want to practice
as economists need a thorough training in economic principles and meth
ods, in addition to training in basic epidemiology.