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The purpose of this assignment is to distinguish health economics from other forms of economic study.

Write a 500-750 word essay addressing the following criteria:

1. Analyze the differences and similarities between health economics and other forms of economic study.
2. Choose a health care organization or entity (e.g., hospital, nonprofit medical clinic, physician office, pediatric specialty clinic, optometry office).
3. Describe the following economic terms in the context of the selected organization or entity: Scarcity, Opportunity Costs, Marginal Analysis, Supply and Demand, Competition, Efficiency, and Market Failure.

Use two or three peer-reviewed scholarly resources.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is required.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance. 

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