Complete the "NUR-621 Economic Theories and Models in Health Care" worksheet. This assignment explores the efficiency and components of current health care models.

NUR-621 Economic Theories and Models in Health Care

The purpose of this assignment is to describe economic theories and models in health care. Include your responses in the worksheet listed below and base your responses on evidence. Include references to your textbook and one scholarly article. The four theories/models are listed below.

Theories/Models

Description/Definition

Example Related to Health Care

Components

1.Efficiency

2.Supply and Demand

3.Economies of Scale

4.Market Failure