• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

PPF Economics

Extracts from this document...

Introduction

Economics - Health Care Questions 1. The demand for health care is increasing for several reasons. One reason why the demand for health care is increasing is due to the overall increase in life expectancy of people in the UK, as people are living longer the population is increasing and therefore more people are dependent on the health care. Another reason why the demand for health care is on the rise is that people are getting richer and therefore wanting and undergoing more cosmetic surgery which is part of the health care. In addition to this, improvements to technology and the range of treatments available mean that more people are seeking a cure thus the demand for health care is increasing. Finally demand for health care is increasing as a result of higher birth rates and immigration which means a population increase. As more people are brought into the UK they all need health care whether it is private or the NHS however there is an increase in demand. ...read more.

Middle

As more of one product is produced: in this case healthcare the larger amounts of the other product must be given up. The curve shape of the production possibility frontier is due to the presumption that the economy's resources are not well suited to the production of both goods. Economics constantly struggle to reach an optimal production capacity and due to scarcity it forces the economy to choose one choice ahead of another, the slope of the production possibility frontier will always be negative, if health care increases other government services will decrease. Another reason why the production possibility frontier is a curve is because some resources (factors of production) are better suited for the health care in contrast with other government services. As the production of heath care increases, resources better suited to the production of other government services must be directed. However experienced doctors are not necessarily good politicians and vice versa. ...read more.

Conclusion

those who have been burnt in fires or lost limbs in war. This could provide a huge benefit to these sorts of people whose lives have changed due to accidents and things beyond their control more plastic surgery will help these people and could potentially save lives. Another reason why there could be a possible large opportunity cost from more plastic surgery being undertaken by the NHS is that it will provide more jobs which means less unemployment and the educational industry will benefit. However the introduction of more plastic surgery could possibly have a very small opportunity cost and can be said to be a waste of valuable resources if used for the wrong reasons. If it isn't providing any help and is being exploited by people for cosmetic reasons and not for health purposes then the resources are being wasted and can be put to better use. Another way it could be a small opportunity cost is if the extra plastic surgeons and equipment are not used to their maximum capability and therefore the resources can be put to better use either in other services or other aspects of health care. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Business, Companies and Organisation, Activity essays

  1. Human Resources Management

    need to plan out the number of employees, the training required and any incentives or motivation that workers may require. It is very important for the human resources department when planning the employees and their representatives should be consulted, it should be based on everyone's decision.

  2. English for business

    Osborne: You need them to get excellence and then money will come, no doubt. Richard: Why is strategy important? Mr. Osborne: If you arrive at a useful business strategy you can be successful and raise profit. Richard: Where are you making the most money?

  1. Business Studies

    It must consider internal and external factors Identifying the target market * When developing a product a business should be able to identify who in the community it hopes to show an interest in buying the product * Which type of people will seek to purchase the product, why will they buy it and to whom will its benefits appeal?

  2. Organisational Structures and Job Roles at Richer Sounds.

    know who is in the really going to be there for the company. o Richer sounds overcome the financial cost which involved in employing people majority of its staff on permanent contract. The people that get paid permanently on the number of hours that they work.

  1. How can Nandos increase its Productivity?

    Table turnover is measuring how many different people can sit at a specific table in a certain amount of time. There are two major advantages of measuring table turnover; the overall advantage being you are able to see how the business as a whole.

  2. Business Studies Edexcel Coursework

    The interviewer would have a pre-set list of questions to ask the interviewee, many of which would allow them to express their own opinion (open questions). Unlike questionnaires, interviews allow the consumer to consult the interviewer if a question is difficult to understand.

  1. Importance of Human Resources Management

    Importance: Planning is very important because it helps the company to achieve its objectives more easily by realising the importance of attracting and managing talented and qualified workforce. The realisation has pushed the rise of Human Resource Departments and the all-important managers managing it.

  2. Free essay

    assesment opportunity- Levis

    Types of sales promotion are special offers, free gifts or loyalty card. The advantage of this type of advertising is that it encourages people because there is an special offer they go and buy the

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work