Analyze how the cost curve can be used to assess the issue

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Reference no: EM133678403

Assignment: Applying Economic Principles & Tools to Chronic Diseases

The healthcare issue is chronic diseases.

In this assignment, you apply economic principles and tools (cost, demand, and market demand curves) to the economic issue that you chose in the activity (Chronic Diseases). You are also asked to complete a brief description of health care financing payment models.

Instructions

Consider the health care issue that you identified in the activity and address each of the following in a 3 to 4 pages Word document:

A. Explain how economic principles can be applied to this issue to effectively guide decision making.

B. Demonstrate how supply and demand curves are used to accurately assess the issue.

C. Analyze how the cost curve can be used to assess the issue. Provide an example.

D. Compare capitation, fee for service, and pay-for-performance financing payment models to accurately reveal their similarities and differences.

The specific course learning outcome associated with this assignment is:

A. Analyze health care issues using economic decision-making principles.

B. Evaluate health care cost and efficiency issues using economic tools.

Reference no: EM133678403

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