Write a paper on the Introduction to Health Economics
Use
a demand graph with constant marginal cost to illustrate the concept of “moral
hazard” caused by health insurance and the dead weight loss associated with
moral hazard.
2)
Use
the theory of insurance to explain how the demand for insurance changes with:
a)
higher
income/wealth,
b)
the
probability of having an adverse health event,
c)
increasing
costs associated with health services, and
d)
the
threat of coronavirus.
