Question1. Using relevant examples explain and demonstrate the determinants of demand and supply in economics.
Question2. What does the term “Equity” signify to in health economics?
Question3. Describe the two major types of Equity and give proper examples to support your answer
Question4. What does the term “Efficiency” signify to in health economics?
Question5. Describe and demonstrate three types of Efficiency. Demonstrate with a sketch where appropriate.
Question6. Using appropriate graphs to demonstrate your answer describe what an individual’s “Indifference Curve” is and how can it change?
Question7. What are the factors which affect supply in health care? Give proper illustrations.
Question8. What are the major approaches to increase revenue for health care?
Question9. Outline the different reasons for market failure in health care using relevant illustrations.
Question10. Using relevant illustrations explain and compare the four main techniques of economic health evaluation.