I’m working on a health & medical writing question and need an explanation to help me learn.

Implications of Health Economic Concepts for Health Care

Select at least five economic concepts covered in the first fourweeks’ readings, and discuss the primary manner in which these conceptsimpact the world of health care economics. Some examples of selectedconcepts are health demand and supply, elasticity, resources, healthmeasures, and costs.

undefined

Write a 4–6-page paper in which you:

1. Assess the value of health care professionals and decision makers understanding the discipline of health economics.
2. Defend or critique the importance of considering the complexnature of health and health care when examining the economic principlesrelated to health care delivery.
3. Analyze the primary potential benefits of learning abouthealth economics related to government involvement in health careeconomics, financing, and delivery.
4. Analyze the main potential benefits of learning about healtheconomics related to private sector government involvement in healthcare economics, financing, and delivery.