Perspectives in Psychiatry - 4: Health Economics of Depression

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Major depressive illness leads to significant morbidity and imposes considerable social and financial burdens on individuals and society. Given the constraints on healthcare resources, clinical psychiatry must prioritize the cost-effectiveness of treatment options alongside their safety, efficacy, and impact on quality of life. This volume presents a multidisciplinary exploration of mental health economics, emphasizing its relevance for practicing psychiatrists. Contributors examine the community costs of mental illness, the economic implications of treatment failures, and the cost-effectiveness analysis of pharmacological treatments for depression. The insights provided aim to inform and enhance the decision-making processes in clinical settings, ensuring that resources are utilized effectively to improve patient outcomes.