Evolution of health care economics

Reference no: EM1365169

1) What is a demand curve? Provide an example of a demand curve in health care. How could this example affect the economics of health care?

2) What is revenue? How is marginal revenue determined? Why is it necessary to at least have marginal revenue in a health care organization?

3) Describe the history and evolution of health care economics and the timeline of health care funding, using the terms economics, supply and demand, microeconomics, macroeconomics, elasticity, inelasticity, and Gross Domestic Product.

Reference no: EM1365169

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