Editing The Economics of Health and Education (section)

== <span style="color: #FFFFFF;">Analyzing</span> ==
{| class="wikitable"
|+ Health vs. Education Economics
! Feature !! Health Economics !! Education Economics
|-
| Primary Market Failure || "Information Asymmetry" (Doctor knows more) || "Externalities" (Social benefits)
|-
| Risk Factor || "High" (Sudden illness) || "Low" (You know when you are in school)
|-
| Goal || "Stock Maintenance" (Fixing the body) || "Capital Accumulation" (Building the mind)
|-
| Supply Side || "Doctors / Hospitals" (Highly regulated) || "Teachers / Schools" (Highly socialized)
|-
| Analogy || 'Repairing the Machine' || 'Upgrading the Software'
|}

'''The Concept of "Cost-Effectiveness" (QALY)''': Analyzing "The Value of Life." Since "Money is Finite," health economists use **QALYs** (Quality-Adjusted Life Years) to decide: "Should we spend $1M on 'One Heart Surgery' or '$1M on 1,000 Vaccines'?" This "Brutal Math" is the "Foundation" of "Public Policy."
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