Category: Economic
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Project Proposal on Budgeting: An Individual’s Economic Literacy
Table of Contents Introduction Personal Benefit Steps to Solve the Problem Data Sources Basic Knowledge Introduction Using elements of financial analysis is a crucial task of an individual’s economic literacy to use available resources, reallocate them, and invest correctly. In addition, one of the goals of financial planning, in general, is to create short-term and…
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The Influence of Third-Party Payment on Healthcare Economics
It should be noted that one of the key principles of the market economy is supply and demand, where prices are tied to the number of people seeking a service or product as well as the availability of providers. If unaltered, such a system has the capacity to self-regulate itself. For example, an increase in…
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Economic Impact of Clinical Laboratory
Alinejhad, M., Aghlmand, S., Feizollahzadeh, S., & Yusefzadeh, H. (2020). The economic efficiency of clinical laboratories in public hospitals: A case study in Iran. Journal of Clinical Laboratory Analysis, 34(2), e23067. Clinical laboratories are some of the most expensive units of the healthcare system; therefore, it is essential to assure their cost-efficiency. The purpose of…
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Effects of the Social, Economic and Technological Change on Marriage
In the past decades, the marriage institution has transformed due to the social, economic and technological changes that have resulted to major changes; in population of the married people and their ages, the number of children in a family, the number of the unmarried adults, division of responsibility in household especially the role played by…
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What Is Health Economics?
Introduction Health Care Economics (HCE) is a branch of economic science focused on studying economic relations and laws, and their impact on meeting the population’s demand for health preservation and promotion. In particular, HCE is concerned with the cost-effectiveness of the production and use of healthcare services. Getzen (2013) believes that practitioners and patients can…
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Affordable Medical Cover: Enhancing Public Health Access
Abstract Advocacy for the development of affordable medical cover is fundamental in the advancement of the population’s health. Populations especially those, who hail from underprivileged and middle incomes, choose a medical cover using economic factors like opportunity cost and willingness to purchase. By advocating for the creation of the affordable medical cover, there has been…
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Marriage: Economic, Social and Political Meanings
The very concept of marriage has existed for several centuries already, but its sense altered greatly due to the economic, social, political, and other changes faced by the world. The majority of people require someone to support them, to share ups and downs. Human beings create families with their nearest and dearest. They get married,…
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The Affordable Care Act and Economic Objectives
Table of Contents Introduction How the Affordable Care Act Aligns with the Four Economic Objectives Approaches to Improve Balance Between Patient Care and Financials Conclusion References Introduction The health sector is essential in every country, and governments should ensure that individuals can access quality patient care with ease. America is one of the countries that…
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Economic Influences on Peru’s Healthcare System
Table of Contents Introduction Financial Support of Peru’s Healthcare System The Flaws in Marketplace for Healthcare in Peru Conclusion References Introduction The global healthcare market is highly dependent on individual nations protecting public health to the best of their capabilities. With the external support from leading countries that formulated the Agenda for Sustainable Development, many…
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The Economic Structure in Nursing
Table of Contents Response 1 Response 2 References Nursing organizations require funding to support important roles relating to the dissemination of information on appropriate healthcare practices and safeguarding the welfare of nursing professionals by promoting policies to support education and training. The essay analyzes the economic structure of the International Council of Nurses (ICN), the…