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Econometric Views, often stylized as EViews, is a package that merges statistical analysis with econometric studies. It is designed to provide tools for time series analysis, forecasting, and econometric model simulation. The software originated from MicroTSP software and has evolved significantly since its inception in 1981. The history of EViews is marked by a continuous effort to enhance its computational speed and user interface. It was initially developed for large computing systems but...
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Introduction to economic assessment - part 2.

Ann McMahon1, Chih Hoong Sin

  • 1Royal College of Nursing, London.

Nursing Management (Harrow, London, England : 1994)
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Summary

This article introduces economic assessment (EA) principles and a practical methodology for nurses to conduct EAs. It aims to support evidence-informed decisions and efficient resource allocation in healthcare service innovations.

Area of Science:

  • Health economics
  • Healthcare management
  • Nursing practice

Background:

  • This is the second article in a four-part series on economic assessment (EA).
  • It builds upon the first article, assuming reader familiarity with foundational concepts and previous exercises.
  • The series focuses on practical application for frontline practitioners leading service innovations.

Purpose of the Study:

  • To explain the principles of economic assessment (EA).
  • To introduce a methodology, tools, and templates for conducting EAs, specifically used by practicing nurses.
  • To equip readers to develop technically competent, pragmatic EAs for evidence-informed decision-making and optimal resource utilization.

Main Methods:

  • The article introduces a methodology with associated tools and templates for conducting EAs.
Keywords:
Economic assessment

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  • It references a companion article detailing common EA approaches in health and social care.
  • Draws on source material from previous exercises and the RCN website.

    • Main Results:

    • Provides a practical framework for nurses to conduct economic assessments.
    • Explains the implications of EA principles and their application in practice.
    • Facilitates informed decisions on appropriate EA approaches for specific contexts.

    Conclusions:

    • Empowers nurses and other practitioners to conduct economic assessments effectively.
    • Contributes to evidence-informed decision-making in healthcare service innovation.
    • Promotes the efficient use of limited healthcare resources.