,1. Multiple Choice: Which of the following is a key principle
of health economics?
a) Resource allocation
b) Demand management
c) Cost-effectiveness analysis
d) All of the above
Correct Answer: d) All of the above
Rationale: Health economics involves the study of how
resources are allocated, managing the demand for
healthcare services, and evaluating the cost-effectiveness
of health interventions.
2. Fill-in-the-Blank: __________ is the study of how
individuals, groups, and nations manage and use
resources.
Correct Answer: Economics
Rationale: Economics is the branch of knowledge
concerned with the production, consumption, and transfer of
wealth.
3. True/False: In healthcare policy, 'universal coverage'
refers to providing every individual with access to health
services without financial hardship.
Correct Answer: True
Rationale: Universal coverage aims to ensure that all
people have access to needed health services without
suffering financial hardship as a result.
, c) Increase administrative costs
d) Streamline clinical processes
Correct Answers: a) Improve patient outcomes, b)
Enhance care coordination, d) Streamline clinical processes
Rationale: Healthcare informatics seeks to improve
patient outcomes, enhance care coordination, and
streamline clinical processes, not to increase costs.
5. Multiple Choice: What is the primary goal of health
policy?
a) To reduce healthcare costs
b) To improve the quality of care
c) To increase the healthcare workforce
d) To ensure equitable access to healthcare
Correct Answer: d) To ensure equitable access to
healthcare
Rationale: The primary goal of health policy is to ensure
that all individuals have equitable access to healthcare
services.
6. Fill-in-the-Blank: The term '__________' refers to the use
of economic principles to analyze healthcare decisions.
Correct Answer: Health economics
Rationale: Health economics applies economic theories to
understand how to allocate resources in the most efficient
way for healthcare services.
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Bankart. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
