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 
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