Assignment 1: Implications of Health Economic Concepts for Health Care Select at least five (5) economic concepts covered in the first four (4) weeks’ readings, and discuss the primary manner in which these concepts impact the world of health care economics. Some examples of selected concepts are health demand and supply, elasticity, resources, health measures, and costs. Write a four to six (4-6) page paper in which you:
- Assess the value of health care professionals and decision makers understanding the discipline of health economics.
- Defend or critique the importance of considering the complex nature of health and health care when examining the economic principles related to health care delivery.
- Analyze the primary potential benefits of learning about health economics related to government involvement in health care economics, financing, and delivery.
- Analyze the main potential benefits of learning about health economics related to private sector government involvement in health care economics, financing, and delivery.