Part A Politicians are often heard saying that tuition at state universities should be kept low "to make education equally accessible to all residents of the state, regardless of income." 1. Assuming that state funding for the universities is held constant; describe the conditions that will prevail if tuition is held below equilibrium price. Provide one (1) example to support your response. i. If tuition is held below equilibrium price, demand will surpass supply. A price below equilibrium is called a price ceiling. Benefits inure to the consumers who get to obtain the tuition at lower cost, and other suppliers also benefit because demand exceeds supply, and buyers will move to substitutes, regardless of price. Excess buyers who want …show more content…
It has been found that universal vaccination with inactivated trivalent influenza vaccine is cost-saving relative to providing helpful care alone in the pregnant population. In addition, in Canada, targeted vaccination of pregnant women with co-morbidities has been found to be cost-saving. Studies observing the economics of influenza vaccination of persons with chronic disease show it is cost effective. (Burden of Influenza & Benefit of Vaccination, 2014) c. In what ways has the government become involved in the distribution of flu shots? For what reasons? i. The Government has left the delivery of flu shots to private doctors and centers such as pharmacies. The Government has in its place fixated on supporting manufacturing. In former years the government has found inadequate supply of vaccines, so the effort to provide higher production should yield a higher usage amount. 1. Describe one (1) reason why the private market for flu vaccinations would produce an inefficient outcome. i. Progressive externalities are ignored or the benefit of others who did not choose to incur that cost or benefit. As such, inadequacy in the distribution occurs, because the marginal social advantage is not part of the equation. Private providers will not value the vaccine to help social goods, only the price per delivery. 2. Describe one (1) way that government involvement could achieve an efficient quantity of vaccinations. i. Government
Hi my name is Marah and today I am going to persuade you to get a Flu vaccination. I recently got a job working at Walgreens Pharmacy. Every day that I work I see people coming in to pick up their prescriptions that don’t look like the feel very great, with a tissue in one hand and their money in the other. No one wants to be sick, it’s not fun and it makes you feel like crap and you get absolutely nothing done. So it would only make sense if everyone was taking the precautionary measure in getting a flu shot. People should be lining up to get their vaccinations in order to prevent them from them getting sick and missing school, work or important events; but they aren’t, at Walgreens, we give maybe about 4 flu shots a day,
To get the flu vaccine or not to get the flu vaccine? This is a huge controversial question millions of Americans today ask themselves every year. There are many myths that come along with the topic of the flu vaccine that lead to people questioning the effectiveness of the medication. Safety for our families and loved ones is what we aim to achieve, but what are the pros and cons of this vaccine? What are the consequences and what are myths, but most importantly: what are the reasons we should get it in the first place? In this paper you will learn the many reasons for the flu vaccination and how it affects different populations beginning with children all the way to the elderly population. First of all, what is the flu
While the benefits of receiving scheduled vaccinations are cost efficient long term, many families are unable to afford the cost
Mandatory Influenza Vaccinations for healthcare providers can be a controversial topic for some and may propose a challenge to some provider’s ethical values and beliefs. The topic of mandatory vaccination for influenza (“flu”) has been widely studied and debated among professionals over several years. It is apparent that there is some movement towards a mandatory vaccination for influenza by healthcare institutions as the benefit out weighs the risk on several fronts. “Influenza infection is associated with 36,000 excess deaths and > 200,000 hospitalizations in the United States annually. It is the leading cause of vaccine-preventable death in the United States every year” (Babcock, Geminhart, Jones, Dunagan, & Woeltje, 2010, p. 459).
“College Prices Soar Again!” “Budget Cuts Cause Even Higher Tuition!” “Higher Education Now Even Less Affordable” These are all statements that have been seen all over the media: newspapers, magazines, television, and radio. (3 SV: SV) Rising college tuition in America has been a problem for years. Many students drop out after a single year due to the pricey costs of tuition. The rapid rise can be attributed to many aspects of the economy, not just a single source. There have also been some propositions of how costs could be lowered, but these have yet to be seen. The United States has gone into a tuition crisis.
Recently an anti-vaccination movement has sparked a worldwide discussion about both the safety of vaccines and the responsibility of people to vaccinate. Recent outbreaks of preventable diseases have caused both fear and anger from people on both sides of the issue. These same outbreaks have also served to cause significant political tension between those against vaccines, who do not want their right to choose compromised, and many proponents of vaccines, who are calling for mandatory vaccinations.
This suggests that state schools should work harder to attract high ability students from other states since in the end it is beneficial for the government. Instead of making tuition more expensive for out of state students, universities should make it more affordable for out of state students to attend their universities. It is unfair for out of state students to pay almost double the amount that in-state students pay to essentially get the same education. Instead of making tuition more expensive for out-of-state students, tuition should be lowered to attract more out-of -state students in order to better our economy and give out-of-state students a chance to continue their education in other states. It is stated that the resident’s taxes fund public universities but how much of taxes actually go into making college tuition for residents cheaper? According to www.cbpp.org, “ States provide 53 percent of the revenue that can be used to support instruction.” This information concludes that a small percentage is being put into the education system. While this percentage keeps declining due to the recession and budget cuts, the cost of tuition continues to rise. The cost of tuition has become higher than the median income, making it harder for students around
In recent years encouragement to get flu shots has become a yearly mantra. Elderly, children six months to two years, health care workers and immune-deficient people are urged in the strongest terms to go to their doctors or clinics and get a flu shot. This group encompasses about 98 million people. In the fall of 2004 this was in the forefront of American and to some extent the Western World media with the shortage of this flu seasons vaccine. Current medical wisdom states that flu shots are safe, effective and prevent mortality. A recent study published by The Journal of the American Medicine Association (JAMA) has brought the current wisdom into question. On February 14, 2005 JAMA
While studying this topic of increased college fees, economist from the Federal Research bank, noted that state funding is responsible for rising up the college fees(De George, Ferguson, & Spear, 2012)
RESULTS: Potential reasons for rejection of flu vaccine was the swine flu pandemic of 2009-2010 where 200 adults and children were diagnosed with narcolepsy after flu vaccination. The media played a big role in anti-vaccine persuasion. As a result, pharmaceutical industry must ensure the most utter importance in creating a tested and uncontaminated vaccine for public use.
Vaccination is recognized as a substantial preventive measure that improves health and allows individuals to contribute to economic growth by better physical, cognitive, and educational performance”(Ricciardi, Walter, and Mondher Toumi.). With that comment was displayed in the previous sentence, proves that it has a lot more the economic standpoint when it comes to vaccinations. It play a big part on how the vaccinations are important to the children entering school as an economic standpoint. In an article on Pennlive by Laura Vescsey, it states that “The Obama administration also plans to make $7 million in vaccines and grants available to Pennsylvania to ensure more under-served Americans receive the vaccines they need. A separate vaccine program by the Centers for Disease Control and Prevention in Philadelphia will also receive an additional $966,663” (Vecsey).The Obama administration knows the importance of the vaccines and it want to make a change so that every child is not left
When a person falls ill with a disease such as the flu, he/she may be forced to stay at home until he/she recover. Absences can cost a business money, as the business have lost their regular employee for a considerably long period of time. However, this could all be avoided by receiving routine vaccinations. Vaccinating would not only protect individual employees, but if workers received vaccinations, their coworkers would be protected as well, reducing the chance of an office-wide “sick day.” If workers received their recommended vaccines, their coworkers, as well as themselves would get sick less often, and therefore miss work less often. Vaccinated employees would allow businesses to continue operating normally without any major
Higher education costs have been increasing at a rapid pace, faster than inflation for the economy as a whole, for the past fifty years. It started in the 1960’s when the federal government passed the Higher Education Act to increase the amount of people able to afford and attend college. Regardless of the Unites States Government efforts to increase the affordability of college, federal aid programs have not risen to expectations due to the ever-increasing college prices. To lower the price of college, the government needs to cut back on student financial spending to go only to the lowest income families and create tax incentives for families to start saving up on their own.
These finding prove that vaccinating children could yield big monetary savings for the specific families affected as well as for society as a whole. Choosing not to vaccinate one’s child could potentially affect the monetary health of the family, forcing parents to take time off work and pay for expensive medical treatments. Having a vaccinated population also brings benefits to the society as a whole. This shows that stricter vaccination laws need to be put in place by the states in order to prevent monetary loss in the future and help the overall community.
Before debating on whether increasing tuition fee is unfair to future students, we should keep in mind that the current education system and policy can never benefit everyone. Especially when the competition between universities is a lot more intense nowadays. Increasing the income and value of the school is the priority. If one has no money or resources provided, it is less likely that he or she can be enrolled at a university compared to others. Thus, the