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28 Sep 2019
Graduates veer away from pediatrics and family medicine. "Since 1997 the number of medical school graduates going into pediatrics or family medicine has dropped by 50%. New doctors are opting instead for specialties such as orthopediac surgery, which pays an average of $480,000 a year, instead of pediatrics which pays $171,000".
First, discuss the decision by doctors to enter seperate markets for various specialities rather than starting a family practice. Second, discuss the monoploy that the American Medical Association holds on the production of doctors in the US and its implications on market prices and efficiency.
Graduates veer away from pediatrics and family medicine. "Since 1997 the number of medical school graduates going into pediatrics or family medicine has dropped by 50%. New doctors are opting instead for specialties such as orthopediac surgery, which pays an average of $480,000 a year, instead of pediatrics which pays $171,000".
First, discuss the decision by doctors to enter seperate markets for various specialities rather than starting a family practice. Second, discuss the monoploy that the American Medical Association holds on the production of doctors in the US and its implications on market prices and efficiency.
First, discuss the decision by doctors to enter seperate markets for various specialities rather than starting a family practice. Second, discuss the monoploy that the American Medical Association holds on the production of doctors in the US and its implications on market prices and efficiency.
Retselisitsoe PokothoaneLv10
28 Sep 2019
