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There are three assessment items in this unit designed to enable you to demonstrate that you have achieved the unit learning outcomes. Completion and submission of all assessment items at the required time and required academic standard are necessary to receive a final mark in the unit. Achievement of at least 50% overall is required to pass this unit. Participation in tutorials will be considered as an essential requirement for the course
One important question in health economics is: what is the most efficient way to deliver health care services? Recently some doctors claimed that millions of dollars are wasted on unnecessary hospital stays for conditions that could be treated in patients' homes. 1. What do you see as being the main cost advantages of a ‘hospital in the home' program?
2. How important is ‘hospital in the home' in Australia and other countries - ie what percentage of total hospital admissions are accounted for by ‘hospital in the home' patients.
3. Outline three health services that could be provided in the home rather than in a traditional hospital?
4. Can you see any disadvantages of such a program? 5. Overall, do you think such a program could result in better health outcomes?
Financial markets make it possible for those who have saved money to earn a reward by providing the financing for business formation and expansion. Business owners can seek financing through the stock market, the bond market, or the banking sector..
you are considering an investment that will enable you to produce a new product. your market research has indicated
A competitive O¨rm produces nonnegative output quantities z
Briefly describe the economic problem you have selected and assess the impact the problem poses to society
In what ways is state power changing (increasing, decreasing, shifting, diffusing)? and What are the implications of these changes for how we tackle some of the global issues?
Next, consider the federal, state, and local government regulations applicable to this firm and discuss the following: (Be sure you explain your answers)
How are the laws of supply and demand illustrated in this graph - What is the equilibrium price and quantity in this market?
Identify the normative policy school (Keynesian, New Classical, Supply side, Monetarist, or Mainstream) which most closely represents your own normative policy views? Defend your position and offer at least one counter argument against the alternativ..
you have worked as a real estate agent for 10 years and are earning about 100000 per year with your current agency. you
suppose the hotel in the lecture example raised its price from 30 to 30.50. with the new price the hotel expects 96
In the floating rate model, a change in the exchange rate is supposed to adjust NX(net exports), until the economy reaches an equilibrium state. However, evidence shows that the exchange rate adjustment process takes years.
Suppose that no communication is possible between the firms; each must choose its R&D strategy independently of the other. What actions will the firms take, and what is the outcome?
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