Some people claim that the "economic way of thinking" does not apply to issues such as health care. explain how economics does apply to this issue by developing a &quo…

Question

Some people claim that the "economic way of thinking" does not apply to issues such as health care. explain how economics does apply to this issue by developing a "model" of an individual's choices.

Answer 1

Economic model does imply to Health care require money to implement

For example, when we discuss health care plan, topic such as how do we obtain money purchase the necessary drugs or how to pay the medical professional is unavoidable. Because of this, we need also discuss the type of economic model that used by a country before we determine the type of health care that fit into the model.