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Economics is often described as the study of scarcity and choice. Normative economics attempts to determine what'should be', not merely 'what is' health economics can be defined broadly as the application of the theories, concepts and techniques of economics to the health sector.
Economics is often described as the study of scarcity and choice. Normative economics attempts to determine what'should be', not merely 'what is' health economics can be defined broadly as t…