NATS 1540 Lecture Notes - Lecture 47: Pharmacoeconomics, Demand Curve, Health Canada

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Phm 213 health economics and pharmacoeconomics, winter 2014. Due date: friday february 14 2014 at 4:00pm in pb 671. This assignment consists of 12 questions and is worth 15% of your course grade. You are free to discuss these questions with your colleagues but you must write your answer in your own words. Consider the market for the labour of licensed pharmacists working in community pharmacies in ontario. Suppose that the market is competitive and in equilibrium: sketch the supply and demand curves and indicate the equilibrium wage and equilibrium number of hours transacted. Suppose, next, that the ontario government doubles the number of hospitals operating in ontario; demand for hospital-based pharmacist labour increases sharply. Interpret the change in the height of this supply curve. [2: the equilibrium wage and equilibrium number of hours transacted in the market for the labour of licensed pharmacists working in community pharmacies in.

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