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absence of illness.
Health economics- deals with the manipulation of factors that should be able to give people better health
Objective measurements of health status and disease Parameters used to measure the health condition of individuals, communities or countries Standardized measures which are understood and applied internationally state of health
Ratio Mortality
Morbidity
Life expectancy
Also used for monitoring and measuring the effectiveness of health activities and programs that seek to improve health.
Can be done by comparing these health indicators, before and after program has been implemented
Compare
Health program
Directly affect the health status or outcomes Direct May be innate (e.g. nutrient intake and fertility) May also be ecternal (e.g. Envi contamination, injuries and health care service utilization
High Intake of dietary fats which results in high blood cholesterol levels Constant exposure to air pollution which results in chronic lung diseases
Will ultimately influence the activities, exposures and attitudes of the individuals, households and communities towards health
Underlying factors AFFECT proximate factors which then AFFECT health outcomes.
Underlying Factors
Proximate Factors
Health Outcomes
Individual Level
Household Level
Community Level
You can even make a parrot into a learned economist- all it must learn are two words: supply and demand.
-Anonymous
Why do halo halo stores sprout during summer? Why did oil prices increase during the Persian Gulf War in 1991? Why are fire crackers very expensive days before New Years Eve and are almost given away a few hours before midnight of December 31?
Demand emanates from consumers. To be able to satisfy their needs and wants.
Supply and Demand Dynamics- relationship between buyers who demand, and producers who create a supply of goods
Things that individuals must have to be able to survive or to be in a state of physical, social and mental equilibrium.
Specific preference or a choice to be able to satisfy a need Specific manifestation of a need Can be derived from a need
Decision to satisfy a want or need plus the capability of accessing and paying for such.
Emanates from producers and sellers The other side of the demand supply interaction Producers produce and sell to make profits
Remember that consumers prefer lower prices, while producers and sellers prefer higher prices
Are produced when demand forces from consumers and producers and sellers interact with one another
Dynamic and constantly changing phenomenon
Consumers
Profits Supply
Represents the relationship between the price of a certain product and the quantity that consumers want to buy of such product. Graphically represented by the demand curve
relationship between the price of a certain product and the quantity the producers will be willing to produce and sell Graphically represented by the supply curve