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CONCEPT OF ECONOMICSAND HEALTH

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NATURE OF ECONOMICS

Current Economic Efficiencybalancing

marginal cos tsand marginal benef its

Econom ic Eff ic iency

refers to the ratioof output with the use of given input (resource prices & quantity of product to beproduced)

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NATURE OF ECONOMICS

Technical Productivitymaximizing the

output from any given set of resource inputs

Cost Minimizationchoosing the least

expensive set of inputs

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FUNCTIONS OF ANECONOMICSYSTEM

Determination of what is to produce

economy must set up a system of values fordifferent goods and services that is acceptable to the

group.

decisions are made in accordance with a countrys

pattern of government

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FUNCTIONS OF ANECONOMICSYSTEM

Determ inat ion of what & how muchresources are to be al located

THEORY OF VALUEwhat should be produced

depends upon what the people want and satisfies

much deeper urges by the spending of money

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MANS BASIC NEEDS

TRADITIONAL NEEDS

MODERN LIFE NEEDS

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DEFINITION OF HEALTH

derived from the old English word for HEAL (hael)

which means to cure or to make whole

is a state of complete mental, physical and social

well-being, and not merely the absence of illness or

diseases (WHO)

is holistic and includes different dimensions

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DIMENSIONS OF HEALTH

PHYSICAL HEALTHconcerns the body. Genetic

make up, age, developmental level, race, sex, are

all part of physical dimensions.

MENTAL HEALTHpositive sense of purpose andunderlying belief in ones own health.

EMOTIONAL HEALTH - concerns the ability toexpress feelings, and to develop and sustain

relationships

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GOVERNMENT GOALS / OBJECTIVESFOR HEALTH

1. Increase life expectancy

2. Provide ideal number of health care facilities

Hospitals, medical clinic, ambulance

3. Avail free medication & affordable prices of

medicines especially to public hospitals &

clinics

4. Increase government funds for DOH

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HEALTH ECONOMICS

is a scientific study of mans activity in the pursuit ofachieving better quality of life by proper allocation oflimited and unlimited resources

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ECONOMICS&

HEALTH

PRODUCTIVEOUTPUT

(Environmentally Friendly)

PROPER USE OFRESOURCES(Economics)

PEACE AND ORDER(Respect One Another)

NATUREGod Creature

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DETERMINANTS OF HEALTH

1. Povertye.g. malnutrition due to incapability

2. Educationacquisition of information suitable /

not suitable for health

3. Customs & traditionsethnic group, beliefs in

quack doctors

4. Technological advancement4D ultrasound,

ultranebulizer

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DETERMINANTS OF HEALTH

5. Manpowerdoctors, nurses, MTs, X-ray tech

6. Availability of Health Care Facilities -

7. Geneticse.g. CHD, Diabetes

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HEALTH SYSTEM MODELS

1. PHYSICAL WELL-BEING

Regular exercise, balance diet,

drinking clean water, no vices

2. MENTAL WELL-BEING

Right education, good decisionmaking

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HEALTH SYSTEM MODELS

3. SOCIAL WELL-BEING

Participation and interaction from

family, society, nation

4. SPIRITUAL WELL-BEING

Personal relationship with theCreator