We write homework assignments for college and university students worldwide. Contact us anytime 24x7 and we will help you.
|Guaranteed Delivery||24x7 Support Online||Lowest Prices|
Medical & health economics homework help by top economics professionals. Guaranteed support for all microeconomics, macroeconomics & econometrics assignment topics.
|Guaranteed On-time Delivery||24x7 Email, Chat & Whatsapp Support||Lowest Prices||100% Plagiarism-free|
Welcome to the best medical & health economics homework help website. If you are looking for a professional economics problem solver to help you with your health economics homework, assignment, project or case-study, you have arrived at the right place. Our economics experts specialize in delivering high-quality economics homework help online and we are available 24 hours a day, all days of the year. We deliver urgent homework within 24 hours. Check out our 24 hours homework help page for more information. Get economics hw help any time of the day or night-just reach out to us on chat (on our website or on Whatsapp @ +1.289.499.9269) and ping "do my economics homework" or "do my economics assignment" and we will get in touch with you right away.
We guarantee excellent results for all economics homework topics, including microeconomics, macroeconomics, econometrics and more. Every economics paper we solve for our customers comes with our service guarantee of 100% plagiarism-free, original, high-quality work, 24x7 support online, fair pricing guarantee and assured delivery on time.
Our full-time, internal Quality Assurance(QA) team checks economics homework answers submitted by experts and certifies them delivery only after due diligence and making sure there are no errors and all the assignment requirements are fully complied with.
If you are looking for urgent homework help with your economics homework or assignment paper, we can help. Did you know? We deliver urgent economics assignments within 24 hours, if required, no matter how difficult the assignment is. Contact us for expert help with your online economics exams, tests & quizzes.
Economics homework answers provided by our online assignment experts are guaranteed to get top scores to students of college and university economics. We also provide 24 hours homework help to those who have to submit their economics assignments in a hurry. Our customer success managers will be happy to help you if you need urgent homework help. Chat with us or send us an email to firstname.lastname@example.org and one of us will quickly get in touch with you.
Chat with us on WhatsApp any time of the night or day for immediate economics homework help. Simply add our number +1 289 499 9269 to your WhatsApp and start chatting with our Customer Success Magagers. Send us a WhatsApp Message.
Medical economics deals with the economic aspects of the medical field including the medical profession and healthcare market as well as the financial and economic impact of disease on the healthcare delivery system, government, society, physicians and patients.
Used synonymously with health economics, medical economics is concerned with the application of economic theories to the different phenomena and problems usually associated with two distinct healthcare markets namely; physician and nurse services and institutional services. Dominant areas of application of medical economics are the determination of cost effectiveness of medical treatments and the cost to benefit analysis of pharmaceutical products.
Mathematical models are often used in the synthesis of epidemiology and biostatistics data to support medical decision-making for health policy and individual users. The study and application of health economics however, is the most important aspect of medical economics.
Economics in general is the science of scarcity. It is essentially based on the principle that there are not enough resources to meet the wants of every individual; therefore a choice has to be made between which wants are to be met which are not. To put it in terms of the healthcare system, there are not enough healthcare resources to meet the requirements of all the people. Therefore a choice must be made regarding which healthcare needs must be prioritized and which individuals the resources should be allocated to.
The application of health economics is based on the universal desire to obtain the maximum possible value for money by ensuring that healthcare provisions are cost effective and not just clinically effective.
Obtaining maximum value for money in healthcare implies two basic goals—achieving a predetermined objective at the lowest cost possible, and utilizing limited resources to maximize benefits to the entire patient population. Both these goals require the evaluation of services to determine the most cost-effective solution from a range of available options. Efficiency analysis, which is used to measure how well resources are utilized in order to achieve desired outcomes, is the other important and associated concept of health economics.
Efficiency has two different aspects:
Allocation efficiency: It relates to the extent to which resources are allocated to individuals or populations who should benefit the most from them. It requires high-risk patients to be addressed on priority for primary prevention, resulting in improved health levels for a given treatment.
Technical efficiency: It relates to the extent to which healthcare resources are integrated to achieve optimum outcome, or in other words, the minimum amount of resources combined to achieve a desired health outcome. Technical efficiency reduces the prescription of unnecessarily long and expensive courses of treatment or medication.
The definition and measurement of health outcomes are riddled with many difficulties, but such measurements are the foundations on which evaluations of health economics are based. Economists describe health outcomes in terms of utility, which measures the extent to which a specific outcome is preferred by an individual. Assessment of outcomes is made in terms of enhanced quality of life (reduced pain, improved sensory functions, improved mobility, etc.) and enhanced survival (years added to life).
Analyses of quality of life associated with health measure how a treatment affects the physical, emotional and social aspects of life from a patient’s perspective. Various techniques have been developed over the years to place values on different states of health to quantify and then analyze them. There are various measures such as the number of lives saved, years gained and rates of survival, to evaluate the impact of treatment on survival of patients. It is notable here that the focus of health services is growing towards improving the quality of life, rather than quantity of life or just survival.
The quality of life values, also called “weights”, are combined with survival data to produce a single, integrated measure of the quality and quantity of life generated through healthcare interventions. Quality-adjusted life-years (QALYs) apply the weights to indicate the post-treatment quality of life that a patient experiences. It must be understood here that these analyses are still in the early developmental stage with a number of methodological issues yet to be resolved.
There are two distinct concepts of cost; financial and economic. Financial cost is the monetary payment made for acquiring a goods or service which is traded in the market. Economic cost on the hand is related to the wider concept of consumption of resources, irrespective of whether they are traded. The application of economic concept of cost means that the time patients and their attendants spend at the hospital during treatment is a real cost for them, even without any financial payments.
This concept is based on the general understanding that when a resource is being consumed in a specific way, it becomes unavailable for use in the production of other services that could have been traded for a benefit (such as profit from sales). Now since the resource is engaged elsewhere, the benefit would also have to be foregone. Such foregone benefits are called “opportunity costs” in economics. Even though the foregone benefits are very difficult to measure or quantify in practice, opportunity cost is a highly relevant concept in health economics as it emphasizes the obvious dilemma that underlines the allocation and use of resources in healthcare.
Demand is the most crucial component of the healthcare market. All other actors of the market are influenced by the demand for healthcare. When studying this demand, it is important to understand that healthcare has many peculiar characteristics that make it different from all other goods and services. Also important is to understand that despite its different characteristics, health can still be regarded as a good or a fundamental commodity essential for people’s physical and emotional well-being. Therefore, the demand for healthcare can be analyzed as that for any other good, even though the usual assumptions of the effects of resource allocation may not apply because of its inherent peculiarities.
The analysis of healthcare supply takes two different but related approaches. The first approach is based on the resource input and goods output model to determine the relationship among resources used, costs, and output generated within a firm. The issues highlighted in this method are related mostly to production efficiency, economies of scale, productivity, and factor substitution. The other method of analyzing the supply uses market structure to determine the number of suppliers in the given market; and how they behave with respect to setting outputs and prices, and making profits. The three main market structures—perfectly competitive, oligopolistic, and monopolistic can be studied to analyze the behavior of many healthcare and related organizations such as pharmaceutical manufacturers and insurance companies, and providers of ophthalmic and dentistry services.
Economic evaluation of healthcare provides an objective and systematic framework to determine the costs and benefits so that policymakers can make informed decisions. All the methods of economic evaluation follow a common structure which explicitly measures inputs in terms of costs (financial, economic and opportunity) and outputs (profits and health improvement).
The main methods include:
Cost-minimization analysis: This method determines whether the outcomes of two or more competing interventions are equivalent. It helps in selecting the cheapest intervention when there is sufficient evidence that the outcomes are equivalent.
Cost-effectiveness analysis: It measures health benefits of interventions in the natural unit while considering the common goal of competing interventions. The method is used to determine the additional cost per unit of the achieved goal of the intervention, otherwise referred to as the incremental cost-effectiveness ratio.
Cost-utility analysis: It measures the outcome by evaluating the effect of an intervention on quality of life (morbidity) and survival (mortality) when there is no common therapeutic goal. QALY calculates the number of additional life years with respect to the quality of life for the given state of health experienced each year.
Cost-benefit analysis: It measures cost and benefits in the monetary unit by comparing their financial values. Using this method, an intervention is selected when its financial benefits exceed the financial costs. When there are funds for only one intervention, the one with the highest benefits over cost from the available options is selected.
Placing an order for help with your medical & health economics homework help is really as simple as sending us your requirements using the ORDER NOW form provided in this page, on the right. Just fill in your contact details, add any additional information and attached relevant reference documents, if any, and send it to us. We will review it and contact you right away.
You can also email us all your details to email@example.com
You can also chat with our customer success managers on our website 24 hours a day and tell us exactly what you need and when. Share any relevant documentation. Tell us if you would like us to follow any particular referencing style. Specify the word-count.
Give us all this information and then sit back and relax. You will be surprised how quickly we get back to you with the fully completed economics homework. We will keep you updated with progress and once done, we put it through our internal quality checks. After that, we will deliver it to you on the confirmed delivery date.
We like to keep things simple and straight-forward. No complicated processes or extended wait times. No need to chase us for status updates - we will keep you updated with progress at every stage. No surprise delays or price-hikes. No putting up with rude and arrogant customer care executives. We are absolutely committed to delivering your completed international economics homework on time.
Remember, you can also simply email your requirements and all your attachments to firstname.lastname@example.orgPlease note: Your information is handled with utmost confidentiality. We never sell or share any information provided by you under any circumstances*.
|Advanced Theory of Economics Homework Help|
|Labour Economics Homework Help|
|Economic Development and Planning Homework Help|
|Applied Economics Homework Help|
|Econometrics Homework Help|
|Macroeconomics Homework Help|
|Microeconomics Homework Help|
|Social and Economics Development Homework Help|
|Computational Economics Homework Help|
|International Economics Homework Help|
|Mathematical Economics Homework Help|
|Medical and Health Economics Homework Help|
|Monetary and Macroeconomic Theory Homework Help|
|Law of Demand Homework Help|
|Price Effect Homework Help|
|Equilibrium Price and Quantity Homework Help|
|Cross Elasticity of Demand Homework Help|
|Quantitative Analysis Homework Help|
|Game Theory Homework Help|
|Demand Forecast Homework Help|
|Advanced Econometrics Homework Help|
|GDP Measurement Homework Help|
|Public Economics Homework Help|
|Business Economics Homework Help|
You are not alone if you wished an expert would solve your economics problem online or just do my economics assignment. As an academic service provider, we write high-quality economics homework answers for college and university students who study in different countries and different universities. Some students approach us for help with economics problem calculators while others just tell us something simpler - 'do my economics assignment'. Either way, we are happy to help. Our experts are well-qualified and experienced to write some of the best economics homework assignments, but what really makes them stand apart is their commitment and passion to write only the best homework papers so that our customers get high marks in their college or university assessments. There could be situations when you might need some help after you receive the completed assignment from us - in such cases, you are free to ask for any number of clarifications. We will only be happy to help.
In order to appreciate Managerial economics assignment help, we should first get our concept of managerial economics clear. What exactly is managerial economics? There are a number of definitions of managerial economics, lets look at a couple of them. According to Wikipedia, managerial economics bridges economics theory and practice, drawing heavily from qualtitative techniques like regression analysis, correlation and calculus. It further defines managerial economics as the application of economic concepts and analysis to help in rational managerial decisions.
There is one more definition of managerial economics which defines it as "is the science of directing scarce resources to manage cost-effectively. It consists of three branches: competitive markets, market power, and imperfect markets. A market consists of buyers and sellers that communicate with each other for voluntary exchange. Whether a market is local or global, the same managerial economics apply."
Now that we have the fundamentals clear, we can now dive into the more intricate components of managerial economics. All you need to do is to email us your economics homework details to email@example.com. We generally respond to all our emails in less than 10 minutes. If you need instance help with your managerial economics homework, chat with our customer success team on our website - we are available 24x7, including weekends and holidays.
Microeconomics deals with economics at an individual or company level whereas macro economics deals with economics at a national or global level. While microeconomics studies the decisions of individuals of people and organizations with respect to allocation of resources and prices of goods and services, it focuses on supply and demand, among other factors that influence price levels.
Macroeconomics, on the other hand, studies the entire economy of a country. It deals with entire economies and studies concepts like GDP (Gross Domestic Product) and the impact of national income, rate of growth, price levels and unemployment on GDP. John Maynard Keynes started the use of the term monetary aggregates and is credited with founding macroeconomics.
|Human Resource Management Homework Help||Financial Accounting Assignment Help||Nursing Homework Help Online||Engineering Homework Help|
|Business Management Homework Help||Economics Homework Help||Custom Essay Writing Help||Python Programming Homework Help|
|C++ Programming Homework Help||Java Programming Homework Help||Electrical Engineering Homework Help||Mechanical Engineering Homework Help|
|Physics Homework Help||Chemical Engineering Homework Help||College Preparatory Math Homework Help||Biology Homework Help|
|Dissertation Writing Assignment Help||Case Study Assignment Help||Law Homework Help||Statistics Assignment Help|
|Matlab Programming Homework Help||Business Management Assignments Help||Solidworks Homework Help||Statistics SPSS Homework Help|
|Humanities Assignment Help||Computer Science Assignment Help||Psychology Homework Help||Project Management Homework Help|
|Marketing Assignment Homework Help||Docker Homework Help||Operations Management Homework Help||Business Development Homework Help|
- Jason W. (Perth, Australia)
- Keri S. (Hamilton, Canada)
- Rachel T. (Birmingham, UK)
|QUICK LINKS||MORE SERVICES||MORE SERVICES||COUNTRIES|
|Make a Payment||Hotel Management Homework Help||Information Security and Governance Assignment Help||USA|
|Terms and Conditions||Organizational Development Homework Help||Performance Leadership Homework Help||Canada|
|How Does It Work?||Business Information Systems Homework Help||Change Leadership Homework Help||United Kingdom|
|Refund Policy||Case Study Assignment Help||Law Assignment Expert||Qatar|
|Current Job Openings||Business Writing Assignments||Solidworks Assignment Experts||Singapore|
|About Us||Contemporary Legal Studies Homework Help||Intellectual Property Homework Help||Malaysia|
|Partner with us||Legal Framework Homework Help||International Trade Law Homework Help||Saudi Arabia|
|Corporate Social Responsibility||Tort Law Homework Help||Company Law Homework Help||South Africa|
|FAQs||Constitutional Law Homework Help||Employment Law Homework Help||Quebec|
|Place an order||Entrepreneurship Homework Help||Climate Law Homework Help||New Zealand|
|Send us an email||Case Study Homework Help on Copyright||Competition and Consumer Law Homework help||Europe|
|Call us in Australia & New Zealand||Managerial Accounting Homework Help||Economic Principles Homework Help||United Arab Emirates|
|Call us in USA, Canada & Rest of the World||Docker Homework Help||Case Study Homework Help||China|
|Read our Blog||GIS ArcGIS Homework Help||Training and Development HR Assignment Help||South Korea|
|Online Assignment Help||Global Business Homework Help||Operations Management Homework Help||Japan|
|College Homework Help||HR Case Study Homework Help||Business Strategy Homework Help|
|Online Assignment Expert||Dissertation Assignments||MATLAB Dissertation Help|
|24 Hour Homework Help||Equity and Trusts Homework Help||Public International Law Homework Help|
|Urgent Assignment Help||Administrative Law Homework Help Online||Global Trade and Markets Homework help|
|Solid Edge Homework Help||Strategic Human Resource Management Homework Help||Managing Organizational Behavior Homework Help|
|Database Management Homework Help||Chinese Economy Impact Assignment Help||Contracts Law Homework Help|
|Data Mining Homework Help||Liberalism Perspective Law Assignment||Arts and Architecture Assignment Help|
|Biotechnology Homework Help||Contemporary Legal Studies Assignment Help||Lean Manufacturing Homework Help|
|DesignBuilder Homework Help||Disadvantages of Greenhouse Effect||Advantages of Modern Education System|
|How to Get Admission in Australian Universities?||Autodesk Revit Homework Help||Aleks Chemistry Homework Help|
|Google Core Competencies & SWOT Analysis||How to Write a Reflective Essay|
UrgentHomeworkHelp.Com is an Academic Writing Services Company based out of Australia, Canada and the United States with 24x7 operations worldwide.
|MORE HOMEWORK HELP|
|Hotel Management||IT Security & Governance|
|International HR Management||Small Business Homework|
|Organizational Development||Performance Leadership|
|Business Information Systems||Change Leadership|
|Case-Study Homework||Law Homework|
|Business Writing Assignments||Solidworks Homework|
|Contemporary Legal Studies||Intellectual Property|
|Legal Framework||International Trade Law|
|Tort Law Homework||Company Law Homework|
|Constitutional Law||Employment Law|
|Entrepreneurship Homework||Climate Law Homework|
|Case-Study on Copyright||Competition & Consumer Law|
|Managerial Accounting||Economic Principles|
|Docker Programming||CocaCola Case-study|
|GIS ArcGIS Homework||Training & Development|
|Global Business||Operations Management|
|Case-study on HR||Business Strategy Homework|
|Dissertation Assignments||Matlab Programming|
|Equity & Trusts||Public International Law|
|Administrative Law Homework||Global Trade & Markets|
|Strategic HR Management||Managing Organizational Behavior|
|Chinese Economy Impact||Contracts Law Homework|
|Liberalism Perspective Law||Arts & Architecture|
|Contemporary Legal Studies||Lean Manufacturing Homework|
|Disadvantages of Greenhouse Effect||Advantages of Modern Education System|
|Autodesk Revit Homework||Aleks Chemistry Homework|
|Google Core Competencies||How to Write a Reflective Essay|
|UNIVERSAL HOMEWORK HELP|
|USA Homework Help||Canada Homework Help|
|Australia Homework Help||New Zealand Homework Help|
|UK Homework Help||Qatar Homework Help|
|Saudi Arabia Homework Help||UAE Homework Help|
|South Korea Homework Help||Japan Homework Help|
|Malaysia Homework Help||Europe Homework Help|
|Singapore Homework Help||South Africa Homework Help|
|How to Get Admission in Australian Universities?|