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In what ways do you believe, having just started the course, that a basic understanding of...

In what ways do you believe, having just started the course, that a basic understanding of economics can help you in your nursing practice?

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The economics is needed in nursing profession for the monetary assessment of the value of services provided by nurses. The basic knowledge about economics exposes the nurses to the problem of high and rising health care costs, scarcity of resources and aid to assess the efficiency,effectiveness, value and behaviour in health care.

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