Health Economics- Assignment

Added on - Dec 2019

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Health Economics1
Table of ContentsINTRODUCTION..........................................................................................................................3Education and Health..................................................................................................................3Various studies and findings.......................................................................................................6Grossman model explains effects of education on Health..........................................................9CONCLUSION.............................................................................................................................11REFERENCES.............................................................................................................................13Illustration IndexIllustration 1: Education and Health................................................................................................6Illustration 2: Impact on education on health...............................................................................102
INTRODUCTIONFrom a past decade, a significant attention has been given to the health and mortality thatcan be seen in relation to social status. Along with this, education is an important socialdeterminant of health. In relation to this, it can be true to say that higher level leads to createhealthier society. The benefits of education are not only limited to treating healthier society nutthere are too for economic development (OECD, 2001). Through education aspect there arenumber of impact to the social engagement of people hence, increase in the level of socialengagement can be seen as an important factor that helps in generating adhesive, safer andhealthier community. The present assignment is going to discuss about the impact of educationon health. However, it is going to be discussed how health status of society is affected byeducation.Education and HealthTo the view point of Lleras-Muney (2005) the individual personal knowledge and socialskills that are gained through academic curricular can be helpful for individuals to assess theinformation and services that are important to maintain and improve personal as well as theirfamily’s health. Furthermore the authors have argued that health and education are the two mostimportant of human capital and their economic value can be found to the economic developmentand productivity. Education of people in the society lead to development of healthier nation. Asper the survey of Human Development Report it was found that the education leads to betteroutcomes in health. However, it has been also witnessed that the positive association can befound within education and health that further can be judged in partly attributed by thedifferences of income in countries. Furthermore , it can also be seen that health and prosperityhad a positive relation between them (Lleras-Muney, 2005)).To the view points of authors Grimard and Parent (2007) education has an direct impactof health and it is a very common common attributes that significantly impact the individualhealth. For government sector , it the most important to understanding the impact of educationon the health of individuals. A large literature available to the websites presents the effectiverelationship between health and eduction. There have been seen three different potentialexplanation that represents the positive relation between health and educations. The first isrelated to investing more in the education whereas the second one is common factors that are3
related to education such as genetic endowment as well as social background. The timepreference is one if the important factor that affects health in a similar way. The third aspect isthat the education lead to the better health of people. It has been witnessed that uneducated andthe people with low level of knowledge directly affect the health outcome as they prefer to havetraditional ways to overcome a disease (IPH, 2008). On the other hand , it could be said thatthere are many uneducated people are not aware with the rare diseases and they do not knowhow to take an effective care. In addition to that they could not get to the better health treatmentin lack of knowledge in relation to improve their health. Whereas , the educated people haveenough knowledge how to take care of themselves as well as their societies. However, theseeducated people take the serious actions to get out from ill situation in quick way. These peopleare having enough knowledge about healthy food as well the consequences of unhealthy food.This is the huge gap between educated and uneducated people in regard to have an healthybehaviour (Fonseca, and Zheng, 2011).In an extend manner , it can be said that education affects the health but simultaneous, itcan be said that the health and education are having some common attributes which is argued byTheodore Schultz in the study conducted related to the investment in Human Capital.Furthermore , it can also be said that the education and health are seen in both manner as thereare investment and consumption. The investment is education will significantly lead to theimprovement of health outcomes. The educational status of people can be can as the significantdeterminate of health. The globe level evidence represents that the the people of society havinglower level of education are more likely to die in the early age or these people are highly atincreased risk of death (Lleras-Muney, 2005).The people with low level of education can also be seen in under poorer healththroughout life cycle as compared to the people who are having higher level of education. Theextensive research that has conducted to have an better understanding the multiplicity indifferent ways through which the health of individual affected by the education. It can be saidthat the health outcomes of individuals are significantly affected with educational statues ofpeople. It the various investigations, it has also been found that there is an significant differencebetween mortality and morbidity of health behaviours and knowledge among people who havevaried level of education (Fletcher and Frisvold, 2010). On the other hand, it can be seen that4
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