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    Economics 1st Lesson PDF

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    Sandy Saddler
    This document presents a scenario where a hospital manager must decide how to allocate limited dialysis machine time between 10 patients with kidney failure. The machine can run for 30 hours per week total. The document provides details on each patient's treatment needs and circumstances to help the manager decide which patients should get priority access. Economics concepts of scarcity, choice, and opportunity cost are relevant to making this difficult decision about how best to allocate a scarce medical resource.

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    Economics 1st Lesson PDF

    Uploaded by

    Sandy Saddler
    608 views1 page
    This document presents a scenario where a hospital manager must decide how to allocate limited dialysis machine time between 10 patients with kidney failure. The machine can run for 30 hours per week total. The document provides details on each patient's treatment needs and circumstances to help the manager decide which patients should get priority access. Economics concepts of scarcity, choice, and opportunity cost are relevant to making this difficult decision about how best to allocate a scarce medical resource.

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    Economics_1st_lesson.pdf

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    This document presents a scenario where a hospital manager must decide how to allocate limited dialysis machine time between 10 patients with kidney failure. The machine can run for 30 hours per week total. The document provides details on each patient's treatment needs and circumstances to help the manager decide which patients should get priority access. Economics concepts of scarcity, choice, and opportunity cost are relevant to making this difficult decision about how best to allocate a scarce medical resource.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    608 views1 page

    Economics 1st Lesson PDF

    Uploaded by

    Sandy Saddler
    This document presents a scenario where a hospital manager must decide how to allocate limited dialysis machine time between 10 patients with kidney failure. The machine can run for 30 hours per week total. The document provides details on each patient's treatment needs and circumstances to help the manager decide which patients should get priority access. Economics concepts of scarcity, choice, and opportunity cost are relevant to making this difficult decision about how best to allocate a scarce medical resource.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    WHAT

    IS ECONOMICS REALLY ABOUT?

    Scarcity, Choice, Opportunity Cost in the Health Sector



    A dialysis machine.
    These machines are used for patients who have kidneys that
    dont work properly without dialysis the patients would
    quickly die. They are expensive costing about $100,000.

    Some patients can get a kidney transplant, which


    means they wont need dialysis any longer.

    A hospital in a town has one dialysis machine that can
    run for 30 hours per week. As the boss of the hospital,
    you must decide who gets the treatment.

    There are a number of patients who require
    treatment and their needs are given below.

    Patient A: 6 year old child who needs 10 hours per week. They are
    awaiting a kidney transplant which is expected to occur in one year.

    Patient B: A 55 year old man who needs 5 hours per week. He is married with grown up
    children.
    Patient C: A 3 year old child who will need dialysis indefinitely. Currently needs 4 hours per
    week.
    Patient D: 78 year old female, 4 hours per week.

    Patient E : 7 year old child, has three brothers and sisters, 4 hours per week.
    Patient F: 8 year old child, no brothers and sisters, 5 hours per week.
    Patient G: 30 year old female, two young children, 6 hours per week.

    Patient H: 30 year old male, two young children, 5 hours per week.
    Patient I: 30 year old male, no children, 4 hours per week.
    Patient J: 45 year old man with no children. Needs 6 hours per week but has a brother who
    will donate a kidney. This will take place in six months time.
    Patient K: A 65 year old man who requires 10 hours per week. As he has quite wealthy, he has
    promised to buy another dialysis machine for the hospital if he is still alive in one years time.

    Decide how you will allocate the 30 hours, in order of preference.

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