Discussion 1 - Descriptive Economics, Explanatory Economics

DISCUSSION 1 

The learning objectives for this include The three major topics (concepts) in this course,  

1) Descriptive Economics 2) Explanatory Economics and 3) Evaluative Economics  

In this forum, let’s discuss your understanding of these three concepts.  

1. How do these concepts tie together?  

2. Which concept is the most important? Rank them and provide the reasons why you ranked them as you did?  

3. Finally, share your perspectives on Healthcare Economics at this present time. (Later on in the course, I'll ask the same question) 

YOU ARE EXPECTED TO RAISE THE DISCUSSION FROM THE MUNDANE, OBSERVATIONAL LEVELS TO MORE THOUGHTFUL, REFLECTIVE AND ANALYTICAL LEVELS.  

Readings

 https://www.aafp.org/news/blogs/inthetrenches/entry/20200107itt-economics.html 

https://scholar.harvard.edu/files/mankiw/files/economics_of_healthcare.pdf 

https://www.mckinsey.com/industries/healthcare-systems-and-services/our-insights/the-great-acceleration-in-healthcare-six-trends-to-heed