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  • Term: health economics
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    Related Terms: cardinal health inc, flora health, environmental health and safety, healthcare turnover, dog health, health walker, health field, health care administrators, digestive health, orange county health

    health economics!


    health economics

    Comprehensive Analysis



    1) "Health" -- As to health economics

    health
    Pronunciation: 'helth also 'heltth
    Function: noun
    Usage: often attributive
    Etymology: Middle English helthe, from Old English h[AE]lth, from hAl
    1 a : the condition of being sound in body, mind, or spirit; especially : freedom from physical disease or pain b : the general condition of the body <in poor health> <enjoys good health>
    2 a : flourishing condition : WELL-BEING <defending the health of the beloved oceans -- Peter Wilkinson> b : general condition or state <poor economic health>
    3 : a toast to someone's health or prosperity
    Pronunciation Symbols

    Health is the level of functional and/or metabolic efficiency of an organism at both the micro(cellular) and macro(social) level. In the medical field, health is commonly defined as an organism's ability to efficiently respond to challenges (stressors) and effectively restore and sustain a "state of balance," known as homeostasis.

    Another widely accepted definition of health is that of the World Health Organization (WHO), which states that "health is a state of complete physical, mental and social well-being and not merely the absence of disease or infirmity"[1]. In more recent years, this statement has been modified to include the ability to lead a "socially and economically productive life." The WHO definition is not without criticism, as some argue that health cannot be defined as a state at all, but must be seen as a process of continuous adjustment to the changing demands of living and of the changing meanings we give to life. The WHO definition is therefore considered by many as an idealistic goal rather than a realistic proposition.

    The LaLonde report suggested that there are four general determinants of health which he called "human biology", "environment", "lifestyle", and "healthcare organization"[2] Thus, health is maintained through the science and practice of medicine, but can also be improved by individual effort. Physical fitness, weight loss, a healthy diet, stress management training and stopping smoking and other substance abuse are examples of steps to improve one's health. Workplace programs are recognized by an increasingly large number of companies for their value in improving health and well-being of their employees, and increasing morale, loyalty and productivity at work. A company may provide a gym with exercise equipment, start smoking cessation programs, provide nutrition, weight or stress management training. Other programs may include health risk assessments, health screenings and body mass index monitoring.

    An increasing measure of the health of populations is height, which is strongly regulated by nutri..."



    2) "Economics" -- As to health economics

    eco·nom·ics
    Pronunciation: "e-k&-'nä-miks, "E-k&-
    Function: noun plural but singular or plural in construction
    1 a : a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services b : economic theory, principles, or practices <sound economics>
    2 : economic aspect or significance <the economics of building a new stadium>
    3 : economic conditions <current economics>
    Pronunciation Symbols

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    Face-to-face trading interactions on the New York Stock Exchange trading floor
    Business and Economics Portal

    Economics is the social science that studies the production, distribution, and consumption of goods and services. The word 'economics' is from the Greek for οἶκος (oikos: house) and νόμος (nomos: custom or law), hence "rules of the house(hold)."

    Although discussions about production and distribution have a long history, economics in its modern sense is conventionally dated from the publication of Adam Smith's The Wealth of Nations in 1776. There Smith defines the subject in practical terms:

    Political economy, considered as a branch of the science of a statesman or legislator, proposes two distinct objects: first, to supply a plentiful revenue or product for the people, or, more properly, to enable them to provide such a revenue or subsistence for themselves; and secondly, to supply the state or commonwealth with a revenue sufficient for the public services. It proposes to enrich both the people and the sovereign.

    Smith referred to the subject as 'political economy', but that term was gradually replaced by 'economics' after 1870.

    A definition that captures much of modern economics is that of Lionel Robbins in a 1932 essay: "the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses." Scarcity means that available resources are insufficient to satisfy all wants and needs. Absent scarcity and alternative uses of available resources, there is no economic problem. The subject thus defined involves the study of choice, as affected by incentives ..."



    Further Data On Term for health economics

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    Regularly Occuring Typos with health economics include: ehalth haelth helath heatlh healht ealth halth helth heath healh healt yealth gealth jealth bealth nealth hwalth hsalth hdalth hralth haalth hialth hoalth hualth heqlth heslth hezlth heelth heilth heolth heulth heakth heaoth heapth healrh healfh healgh healyh healty healtg healtj healtb healtn ceonomics eocnomics ecnoomics ecoonmics econmoics econoimcs economcis economisc conomics eonomics ecnomics ecoomics econmics econoics economcs economis economic wconomics sconomics dconomics rconomics aconomics iconomics oconomics uconomics exonomics edonomics efonomics evonomics ekonomics ecinomics ecknomics eclnomics ecpnomics ecanomics ecenomics ecunomics ecobomics ecohomics ecojomics ecomomics econimics econkmics econlmics econpmics econamics econemics econumics econonics econojics econokics economucs economkcs economocs economacs economecs economucs economixs economids economifs economivs economiks economica economicw economicd economicx economicz

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