Describe economic theories and models in health care. Include your responses in the worksheet listed below and base your responses on evidence. Include references to your textbook and one scholarly article.

Economic Theories and Models in Health Care

Describe economic theories and models in health care. Include your responses in the worksheet listed below and base your responses on evidence. Include references to your textbook and one scholarly article.

The four theories/models are listed below.

Theories/Models              Description/Definition                   Example Related to Health Care         Components

Efficiency

Supply and Demand

Economies of Scale

Market Failure