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Public health policy and laws

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When dealing with public health policy and laws, we need to consider various aspects of the economy. Concepts of efficiency can be utilized when deciding which goods and services should be produced and who should receive them.

The three types of efficiencies are allocative, production, and technical. The two types of health economics are positive and normative. Positive Economics deals with "what is" or the current status that is linked to a clear standard of measurement. Normative economics deals with "what ought to be" and is subject to interpretation with the moral or ethical aspects of a policy. Your lecture has more details.

Reference no: EM132738381

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