Question 1: Assume that health production is subject to diminishing returns and that each unit of health care employed entails a constant rate of iatrogenic (medically caused) disease. Would the product of health function eventually bend downward? A Briefly Explaination.
Question 2: What evidence is there to suggest that the most of the developed countries are on the "flat of the curve" in health production? Is a typical developing country likely to be on the flat of its health production function? Briefly Discuss the differences.
Question 3: What role did public health play in the historical decline in mortality rates?
Question 4: Suppose you were hired as an adviser to a developing country and you were versed in the theory of production, the historical role of medicine, and the modern-day health production functions studies. Their government seeks advice on the wisdom of a relative emphasis on health and health investment versus other forms of economic investment. What would be your advice?
Question 5: Contrast technical and allocative efficiency. How can technical and allocative inefficiency in health care firms affect patient welfare?
Question 6: Which of the following types of technological change in health care are likely to be cost increasing: (A) threats of malpractice suits cause physicians to order more diagnostic tests on average for a given set of patient symptoms; (B) a new computer-assisted scanning device that enables physician to take much more detailed pictures on the brain: (C) the introduction of penicillin earlier in this century; (D) greater emphasis on preventive care? ....and why?