Economics

Jacobs, P. (2004). The Economics of Health and Medical Care.
Sudbury, MA: Jones and Bartlett Publishers
(P, 31) Chapter One
6.
What is a quality-adjusted life year? How can it be used to compare differences in health status between someone who is healthy and someone who is not? Can it be used to compare health outcomes of someone who is ill with someone who has died?
10.
Indicate at which point flat-of-the-curve medicine is experienced in the following example (imagine that antibiotics have been prescribed for a given population of 1,000 elderly persons).
Number of Prescriptions Number of Prescriptions
0 60
100 50
200 60
300 32
400 28
500 28
(P, 49-50) Chapter 2
10. What are direct and indirect costs?
Chapter 3 ( P, 76-77)
Determine whether and how each of the following factors would shift the demand curve for chiropractic visits:
a.
an increase in the out-of-pocket price of chiropractic visits
b.
an increase in back problems
c.
a reduction in the out-of-pocket price for chiropractic visits
d.
an aging of the population
e.
an increase in the out-of-pocket price of back surgery (a substitute for chiropractic services)
f.
a reduction in the price of radiographs (a complement of chiropractic services)
g.
an advertising campaign that makes people more aware of the benefits of chiropractic care
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