Healthcare Policy Unit 2 DB HA415 Essay Example | Topics and Well Written Essays - 250 words

Healthcare Policy Unit 2 DB HA415 - Essay Example rces and efficient application of such resources identifies the importance of economics to health care policy makers because a good policy is one that can successfully be implemented. World Health Organization identifies the need to prioritize opportunities, or policies, and the need to solve the scarcity problem of resources through identification of sources, and efficient application of resources as some of the reasons why economics is important to policy makers in the health care sector. This is because every situation has alternative applicable policies and resources for implementing such policies are always scarce, and needed for application in other scopes. Consequently, there is a need for economic competence in order to identify a policy, with the highest level of utility, for implementation. Economics’ knowledge is further important to a health care policy maker because it facilitates identification of resources and efficient application of such resources in implement ation of an identified policy (World Health Organization, 2006). An understanding of economics is therefore important to a health care policy maker because it facilitates identification of policies with the highest utility level and ensures effective resource planning for policy