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Health economics deals with similar functions as economics (production, distribution and consumption) hence making it relevant to economics analysis. Use this statement to discuss application

Health economics deals with similar functions as economics (production, distribution and consumption) hence making it relevant to economics analysis. Use this statement to discuss application and relevance of health economics in modern world economics. Discuss the key features of healthcare goods that make it deviate from traditional economic goods in the theory of demand and supply. 

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