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The elasticity of demand

          Pick a product or service that you consume on a regular basis and speculate on what the elasticity of demand might be for that product. What might be the income elasticity of demand for that product? Explain and support why you think the product has the...

The impact of price controls on the economy.

            We discussed the impact of price controls on the economy. There seems to be a big divide when it comes to the role of the market and the role of the government in today’s society. Use this week’s discussion as an opportunity to discuss your...

Economic and budgetary

Select one of the following socially charged policies:Economic and budgetaryHealth careWelfare and Social SecurityEducationEnvironmental and energyForeign policy and homeland securityYour supervisor has asked you to make a presentation to the task force examining the...

Capitation, Payers, And Provider Behavior

Compare primary available economic resources that health insurance payers may use to monitor, assess, and regulate health care providers’ behavior. Evaluate the degree to which alternative provider payment methods (e.g., capitation, pay for performance, et...
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