HCS/552 Demand versus supply paper

The United States has a great consumer demand for health care services. The supply of these services or products, such as new medical equipment, is affected by many factors.
Select a service or product that may be in demand by the health care consumer now or in the future.
Write a 1,050 to 1,400 word paper on your selected service or product. Include the following:
Discuss the effects of consumer demand on medical care services or products versus the economic variables of cost, access, and supply.
Support your perspective and rationale for the continued provision of a current service, or for the implementation of a new service or product, based on economic principles or supply chain models.
Cite a minimum of 3 peer-reviewed, scholarly, or similar sources.
Format your paper according to APA format.

Economic Tools & Concepts Paper

Write a 1050 to 1400 word paper that uses two to three economic tools and concepts to evaluate a current issue or situation that exists in today’s health care industry. Some examples of economic tools and concepts are supply and demand curves, marginal analysis, and elasticity. Include a narrative summary for any charts, graphs and figures that are used. Consider searching for websites with national charts, graphs and figures that may provide you data concerning economic tools. Cite a minimum of 3 peer reviewed, scholarly, or similar references. APA format

Ten Principles of Economics and How Markets Work

In Week 1, students are introduced to the ten fundamental principles on which the study of economics is based. Throughout this course, the students will use these ten principles to better develop their understanding of economics and how society manages its scarce resources. Students will see how markets work using supply and demand for a good to determine both the quantity produced and the price at which the good sells. The concepts of equilibrium and elasticity are used to explain the sensitivity of quantity supplied and quantity demanded to changes in economic variables. Students will see how government policies impact prices and quantities in markets.

Assignment Steps 

Resources: Principles of Microeconomics, Ch. 1, 2, 3, 4, and 6.

Prepare an 875-word research paper as part of a marketing research committee for your organization about current microeconomic thought and theory.

Identify the fundamental lessons the Ten Principles of Economics teaches regarding:

  • How people make decisions
  • How people interact
  • How the economy works as a whole

Explain the following to help the committee members understand how markets work:

  • How society manages its scarce resources and benefits from economic interdependence.
  • Why the demand curve slopes downward and the supply curve slopes upward.
    • Where the point of equilibrium is and what does it determine?
  • The impact of price controls, taxes, and elasticity on changes in supply, demand and equilibrium prices.

Current Market Conditions Competitive Analysis

Explain the factors that will affect demand, supply, and prices of that product.
Below are the requirements. The word count doesn’t need to be as extensive, since I am only doing the above section.
Purpose of Assignment
Students will develop cost curves on which firm behavior is based and will utilize these cost curves to determine the behavior of their chosen organization in the market served. Using the concept of comparative advantage, students analyze trade opportunities and use the model of supply and demand to explain factors that could affect demand, supply and prices. Students will determine various factors that could affect their organization’s total revenue and will recommend actions the firm could use to maximize their profit and their presence in the market served.
Assignment Steps
Scenario: You have been given the responsibility of working with your organization’s CEO to do a competitive market analysis of the potential success of one of their existing products.
Research an organization and a product produced by that organization in which an analysis can be conducted.
Write a 1,750-word analysis of the current market conditions facing your product, making sure you address the following topics:
Define the type of market in which your selected product will compete, along with an analysis of competitors and customers.
Analyze any comparative advantages and international trade opportunities.
Explain the factors that will affect demand, supply, and prices of that product.
Examine factors that will affect Total Revenue, including but not limited to:
Price elasticity of demand
Factors that influence productivity
Various measures of costs, including opportunity costs
Externalities and government public policy and their effect on marginal revenue and marginal cost
Recommend how your organization can maximize their profit-making potential and increase their presence within the market served by the product.
Cite a minimum of three peer-reviewed sources from the University Library.
Format your paper consistent with APA guidelines.
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Why Are Some Occupations Paid More than Others?

Select one of the following surveys from the BLS Current Employment Statistics survey (National): Link is at the bottom!
Goods-producing Employment – CES0600000001
Construction Employment – CES2000000001
Manufacturing Employment – CES3000000001
Trade, Transportation, and Utilities Employment – CES4000000001
Retail Trade Employment – CES4200000001
Education and Health Services Employment – CES6500000001
Retrieve and save a Microsoft® Excel® file and the graphs to your desktop for analysis. You will have to check the “include graph” box along the top of the page to see the graph, and you will need to copy and paste the graph separately into your Microsoft® Excel® document.
Tutorial help on Excel® and PowerPoint® functions can be found on the Microsoft® office website. There are also additional tutorials via the web that offer support for office products.
Consider the following two articles, located in the Week 4 Electronic Reserve Readings, (Attached)discussing actor salaries and hedge fund executives’ average salaries:
“Robert Downey Junior is Hollywood’s Highest-Paid Actor”
“In Tough Year, Hedge Fund Leaders Still Paid Well: Average Salary of $467M Was Half 2013, Report Says”
Prepare and present a 5- to 8-slide Microsoft® PowerPoint® presentation-analysis.
Include the following content in the presentation:
What are trends in the labor market for the chosen labor group that you can identify for the last 10 years? Please provide the retrieved statistics.
What factors affected the demand and supply for this labor group during the last 10 years? Research and report data available from Bureau of Labor Statistics (BLS) and other peer reviewed sources.
Why do actors and actresses earn so much compared to the chosen labor group?
Why do hedge fund executives earn so much compared to the chosen labor group?
In addition to wages, what other factors influence an individual to choose one job over another?
What jobs do you think have the best mix of salary and other characteristics that individuals care about?
Cite a minimum of three peer-reviewed sources, not including the textbook and required economic data.
Format consistent with APA guidelines.

Theory of Consumer Choice and Frontiers of Microeconomics

Week 5 exposes students to subjects that are intended to whet their appetites for further study in economics. Students will use the theory of consumer choice and the impact of the concepts of asymmetric information, political economy, and behavior economics, to describe how consumers make economic decisions.

Assignment Steps

Scenario: You have been asked to assist your organization’s marketing department to better understand how consumers make economic decisions.

Write a 1,050-word analysis including the following:

  • The impact the theory of consumer choice has on:
    • Demand curves
    • Higher wages
    • Higher interest rates
  • The role asymmetric information has in many economic transactions.
  • The Condorcet Paradox and Arrow’s Impossibility Theorem in the political economy.
  • People are not rational in behavior economics.

Cite a minimum of three peer-reviewed sources not including your textbook.

Format your paper consistent with APA guidelines.

Mentally ill

cenario:

You are a member of the training division in a maximum-security prison facility. There are about 8,000 inmates, and another 350 staff members, of which 220 are corrections officers. Because of the recent economic downturn, the number of prisoners incarcerated for property crimes, such as grand thefts and burglaries, has been on the rise. About 3,000 of the 8,000 inmates are violent offenders. Traditionally, the violent offenders establish a structure of control amongst the inmates, and often abuse the property crime offenders who are not used to violence. You have been tasked by the warden and the prison counsel, the mayor, and the city council to provide a method for dealing with an anticipated rise in violence as the demographic of the prison population puts more less experienced inmates in the facility. You must identify types of personnel who you would involve in the evaluation. There will be a number of inmates whose mental health will make them prone to violence, and some who will be more likely to be victimized by that violence. An example that may be considered is not to put a minority in a cell block with large numbers of members of white supremacy gangs. Other issues might include identifying persons who have demonstrated leadership through force, and segregating them to prevent them from affecting the population’s mood.

In a 3–5 page position paper, respond to the following questions based on the scenario:

Describe how corrections officers responding to an incident in the cell block might identify a potentially mentally ill inmate from one that is just acting out.
Explore the mental illness of post-traumatic stress disorder (PTSD), schizophrenia, and bipolar disorder. Given the confines of the cell block, how you would best approach an inmate who is suffering from one of these three conditions?
Explain what you believe should be included in training corrections officers and staff to safely handle mentally ill inmates in a restricted environment (keep in mind: safety first, followed by reasonable empathy).
It is critical that, when you make a statement of fact in your presentation, you cite the reference that you used to obtain the information from. Do this in the text of the paper, and then include the reference in your References page. As always, your paper will be submitted in the current edition of APA format. No abstract is required because this is a short position paper, but a title page, reference page, and appropriate running head with page numbers are necessary.

 

Incentives Matter

Discussion Board Evaluation Criteria
Discussion board assignments are your opportunities to share your knowledge, experience and opinions with the rest of the class. Together with the homework assignments, they also serve as a proxy for attendance.
The items I am looking for are
Relevance to the topic,
Promptness in the initial posting and response,
Clear expression of opinions,
Good spelling and grammar,
Polite disagreement as appropriate.
Please use good grammar and make coherent points. When providing a contrasting viewpoint, focus on making your point, not on deriding the other person’s point.

A Legal Market for Human Organs

Discussion Board Evaluation Criteria

 

Discussion board assignments are your opportunities to share your knowledge, experience and opinions with the rest of the class.  Together with the homework assignments, they also serve as a proxy for attendance.

 

The items I am looking for are

 

Relevance to the topic,

 

Promptness in the initial posting and response,

 

Clear expression of opinions,

 

Good spelling and grammar,

 

Polite disagreement as appropriate.

 

Please use good grammar and make coherent points. When providing a contrasting viewpoint, focus on making your point, not on deriding the other person’s point.