Address the following: 1. Assess the differences and similarities between health production function and the production possibility curve. 2. Synthesize two main themes of key findings from the empirical studies regarding a health production function. 3. Analyze the advantages and disadvantages of general versus targeted demand and supply subsidies by incorporating your personal and professional experiences. 4. Evaluate the determinants of the demand for medical care by incorporating your personal and professional experiences. 1. Apply key principles of economics to examine the demand and supply structure of healthcare and health insurance in the United States. 2. Analyze the production of healthcare and its impact on the general health of individuals, communities, and the nation. Learning Objectives: 1. Assess the differences and similarities between health production function and production possibility curve. 2. Synthesize knowledge from empirical studies of a health production function. 3. Analyze the advantages and disadvantages of general versus targeted demand and supply subsidies. 4. Evaluate the determinants of the demand for medical care.
