Micro Economic Use In Health Sector
European Journal of Molecular & Clinical Medicine,
2020, Volume 7, Issue 11, Pages 1948-1959
AbstractThe hospital situation description shows that the hospital needs to understand an economics. Economics is a scientific discipline widely used by other disciplines. Economy is the art of making the most out of life, while, economics in general discusses how resources are allocated among various alternative uses to satisfy human desire. Economics is divided into two; microeconomics and macroeconomics. Microeconomics deals with the individual economic behavior, such as consumers, companies, organization, and shareholders. Macroeconomics discusses economic behavior in the "aggregate" manner.Human activities in a society are divided into 3 main (economic) activities: (1) production activities, (2) consumption activities, and (3) exchange activities. Economics gives a lot of attentions on the three main economic activity processes and the elements concerned with these activities (producers, consumers, traders, government, and so on). Actually, In the hospital sector, it is not common to name a patient a consumer and to name hospital a producers. It is assumed that the noble values of the medical profession might be eroded by these names.
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