Homework: Concepts of Healthcare
Of the 5 economic concepts covered; Risk Benefit, Monopoly, Moral Hazard, Monopsony, and Demand, discuss the primary manner in which these concepts impact the world of health care economics.
Write a four to six pages paper in which you:
I. Assess the value of healthcare professionals and decision makers understanding the discipline of health economics.
II. Defend or critique the importance of considering the complex nature of health and healthcare when examining the economic principles related to healthcare delivery.
III. Analyze the primary potential benefits of learning about health economics related to government involvement in healthcare economics, financing, and delivery.
IV. Analyze the main potential benefits of learning about health economics related to private sector government involvement in healthcare economics, financing, and delivery.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.