Economic principles of trade application

Economic principles of trade application. Apply the economic principles of trade, choice, opportunity costs, and scarcity to the healthcare industry

• Explain the impact of demand theory on the healthcare industry
• Assess the role economic principles play in a healthcare organization’s planning and policy decision making
• Evaluate the role of market concentration and choice in healthcare decision making
• Assess the impact of legislation on competition within the healthcare industry
• offers an explanation of the distinction between micro- and macroeconomics.
• This resource will help you grasp the key foundational principles that you will apply to healthcare 
• Several of the key terms and issues we will address in the course are evident and you will find this article helpful in writing this module’s