Demand Theory and Its Application: Your PowerPoint presentation slides must include the following information:
- Your basic microeconomic model of the projected service/project
- An analysis of the role that public policy plays in terms of your provision of health care services
- A justification of your model
- The relevance of the current financial data in terms of the projected outcome of the project
- A compare and contrast discussion of the economic challenges and incentives related to your project
DQ 2- Appreciating Supply and Demand Analysis:
Supply and demand analysis aids health care leaders in ascertaining the effects of changes in policy on service lines that impact a community’s health (e.g., whether to expand existing services or perhaps close services). Identify and evaluate publicly available tools that provide data and assist in formulating the basic shapes of demand and supply curves. Communicate and elaborate on the relevance of these economic indicators in terms of pricing. Evaluate and comment on the social-cultural implications of value-based care