Explanatory Economics

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DISCUSSION 1
The learning objectives for this include The three major topics (concepts) in this course,
1) Descriptive Economics 2) Explanatory Economics and 3) Evaluative Economics
In this forum, let’s discuss your understanding of these three concepts.
1. How do these concepts tie together?
2. Which concept is the most important? Rank them and provide the reasons why you ranked them as you did?
3. Finally, share your perspectives on Healthcare Economics at this present time. (Later on in the course, I’ll ask the same question)
https://www.aafp.org/news/blogs/inthetrenches/entry/20200107itt-economics.html
https://scholar.harvard.edu/files/mankiw/files/economics_of_healthcare.pdf
https://www.mckinsey.com/industries/healthcare-systems-and-services/our-insights/the-great-acceleration-in-healthcare-six-trends-to-heed
 
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HC in the market

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Think specifically about the readings for this module. Think of the Healthcare marketplace not in the usual sense but as other markets. There are buyers and sellers. Take a farmer’s market. How do you pick the best tomato (i.e., the quality of the product)?
It’s the same for the selection of HC in the market. How does one measure quality? Are their rules involved? Did the rules change with COVID-19?
 
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Unionization has been on a relatively slow, yet steady decline.

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Given the change in workforce dynamics, speculate on what segments of the workforce or what types of employees would likely gravitate toward unionization, in the current market. Scale the top three reasons for this.
Discuss what this means to you as an organizational leader and what you would do with this information.
 
 
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“The Truth About Leadership” by James Kouzes

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Read pp. xiii-xxv in the introduction to “The Truth About Leadership” by James Kouzes & Barry Posner, accessible at:
https://ebookcentral.proquest.com/lib/berkeleycollege-ebooks/detail.action?docID=588893Links to an external site.
If you were a talent development specialist in an organization, which of the ten truths identified by the authors would you emphasize when training future executives? Why would you choose this truth above all others? In your posts, draw ideas from this book and other high-quality print and web-based material, and cite your sources
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