Nursing 4440A/B Lecture Notes - Lecture 1: Basic Income, Patient Safety, Population Health

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Economics is the study of relationships among things in an economy. Anyone who uses math equations to explain economics doesn"t understand economics. " - dr. bob evans, founding director chspr. Health economists study the functioning of healthcare systems and health-affecting behaviours. " wikipedia. Not just about math and statistics and figures. It is about relationships and how money relates to other things i. e. if you are doing a reno, you don"t think just about the budget, you think about contractors and what if the project is delayed etc. Chpr how scarce resources are allocated among alternative uses including the study of health care costs. Scarce resources there is never enough to go around and satisfy all the people that want it. The first lesson of politics is to ignore the first lesson of economics i. e. ignore the fact we don"t have enough resources. We don"t have free health care we pay for it through taxes. Single payer system public insurance program ohip.

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