9781639271702
Neil Perry
American Medical Publishers
English
2021
Health Care
234
$ 156.99
The economics of health and medical care refers to the application of economic theory, models and empirical techniques for the analysis of decision-making in relation to health and medical care. In the standard market theory, prices are guided by the supply and demand model, and resources are allocated as such. The health and medical care market deviates from this model in many ways. These deviations focus on government policies to ensure that the resources are allocated efficiently and equitably. The functioning of healthcare systems and health affecting behaviors such as smoking, diabetes and obesity is also undertaken within this field. This book covers in detail some existent theories and innovative concepts revolving around the economics of health and medical care. It picks up individual branches and explains their need and contribution in the context of a growing economy. The readers would gain knowledge that would broaden their perspective about this field.