Economic theories and principles


Assignment:

Milestone One:

Propose Organization for Analysis In Module Three, you will select the organization you would like to analyze in part two of the final project using the U.S. Securities and Exchange Commission’s website. You will present your proposal to the instructor for approval to ensure that you will have access to sufficient financial information on the healthcare organization to complete the final project.

Milestone Two:

Policy Research In Module Five, you will submit a draft of your policy research report. You will apply the knowledge you have gained through the first half of the course, as well as research current economic environments and legislative changes, to gauge the impact on the healthcare industry through this report.

Milestone Three:

Organizational Analysis In Module Seven, you will submit a draft of your organizational analysis report. You will apply the economic principles you have examined through this point in the course to your chosen organization in this report.

Final Submission:

Policy Research and Organizational Analysis Report In Module Nine, you will submit your final project. It should be a complete, polished artifact containing all of the critical elements of the final product. It should reflect the incorporation of feedback gained throughout the course.

II. Economic Theories and Principles:

A. Economic Disparities:

Analyze the relationship between the financial well-being of the industry and availability of healthcare, in consideration of market and demand theories.

B. Economic Theories:

What economic theories are most useful when applied to the healthcare industry and why? C. Use of Economic Principles: Why do organizations utilize economic principles to guide strategic short-term and long-term decision making?

III. For-Profit and Nonprofit:

A. Financial Differentiation:

What differentiates for-profit and nonprofit healthcare organizations financially? What characteristics of each type of healthcare organization make the organizations different?

B. Economic Differentiation:

What differentiates for-profit and nonprofit healthcare in terms of economic policies and legislation? What key recent and current economic policies impact each?

IV. Policy, Changes, and Disparities:

A. Economic Policy and Disparities in Care:

Using current research and information (within the last five years), analyze the relationship between economic policy and disparities in care. How are they connected? How do they differ?

B. Policy Changes:

What impact do recent legislative changes have on healthcare economic policy in general?

C. Disparities Planning:

Why are disparities of care factored into healthcare strategic planning? Explain your reasoning and provide examples for support where appropriate.

V. Organizational Impact and Recommendations:

A. Organization Introduction:

What organization is the focus of your report, the sub-industry or type of organization it belongs to (home care, hospital, etc.), and what is the financial background of the organization?

B. Nonprofit or For-Profit:

Is the organization you selected a nonprofit or a for-profit? What differences will this make in terms of economic policy impact?

VI. Financials, Market, and Demand:

A. Demand Theory:

Explain how demand theory is reflected in the organizational financial statements.

B. Market Behavior Impact:

Explain how and why market behavior affects the financial statements at various times throughout the calendar year for your organization.

VII. Economic Legislative Changes:

A. Legislative Changes:

Considering the economic and legislative changes you researched, what changes are most likely to impact your organization, and why?

B. Policy Changes and Impact:

Considering the legislative changes and type of organization you have selected, what possible organizational policies may result? Discuss the possible resulting policy changes that may occur within the organization. What is, or will be, the impact of these policy and legislative changes on your organization?

C. Statement Impact:

In what ways would you expect to see the financial statements to be impacted because of these changes, and why?

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Macroeconomics: Economic theories and principles
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