Economics And Medicine Essay

Economics And Medicine Essay-44
This leaves more space for you to create and support your argument.Employers play a key role in managing electronic communication and the core functions of management involve planning, organising, leading and controlling (Robbins, Bergman, Stagg, & Coulter, 2012).

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Economic evaluation is already in use in some settings, such as in pharmaceutical company proposals for government subsidisation, but there is room for expansion across the field of Changing factors such as aging populations and new technologies becoming available are increasing expectations from people throughout the world, and decision makers must make rational choices to maximise benefits to population health whilst working with limited resources.

Yothasamut et al (2009) summarise this by observing that "health care resources in every setting are always constrained, while unlimited demand is observed".

Therefore, it may be unsuitable to fund the most cost effective option if it sacrifices the equal distribution of benefits.

Research in health economics can take a normative or positive approach and this reflects the balance needed between cost control and equity when making economic decisions.

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Student contributions are now hosted on Speaking of Medicine, the PLOS Medicine community blog.

Cost-benefit, cost-effectiveness and cost-utility analyses are forms of economic evaluation which are useful in health economics for comparing costs and allocating resources.

Student Forum Student Forum essays were published until August 2009.

They gave a medical student perspective on any topic related to medicine, health, or medical education.


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