Idsb04 chapter 11 health economic and the economics of health. Introduction: a key concern is the allocation and spending of resources in order to achieve particular health related goals and objectives. *world bank and other proponents of orthodox (neoclassical) health economics target low cost intervention for developing countries- - advice is based on evidence of health improvements that are usually measured by short-term drops in specific disease rates. Allocation decisions must prioritize resources and interventions that have the greatest impact at the lowest cost b/c health resources are scarce. *proponents of health & social justice approaches stress the importance of comprehensive means of improving health that integrate primary health care-oriented universal health systems w/ social & political investment & redistribution on a broader scale. Economic approaches to public health and medical spending: many orthodox health economists continue to portray and favor health system organization as individual consumer choices.