Special Interest Group - Economics of Mental Health
Mental health problems are a leading cause of disability, loss of wellbeing, and premature mortality. One in eight people worldwide live with a mental health condition, almost half of all Australians over 16 years of age will experience a mental illness during their life, around 1 in 5 experience mental health problems each year, and suicide is the fourth leading cause of death in 15-29 year-olds. These disorders affect the person’s thoughts, emotions, behaviour, relationships, and perceptions and include depression, anxiety, schizophrenia, bipolar disorder, psychosis, addiction, and developmental disorders. As well as the psychological effects, people with mental illness often experience wider issues, in areas such as relationships, employment, and physical health, with lower life expectancy mostly related to preventable physical health problems.