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THE ECONOMICS IN EDUCATION OF HEALTH CARE PROVIDERS

You are a physician and your daughter has always wanted to be a physician too. She now wonders if she should invest the time and money in seeking this career path.

What would you advise her as it relates to the following:

  1. The cost of medical education?
  2. The demand for the specialty of her choice? To answer this question, choose a random specialty but be specific about the details of that specialty.
  3. The income potential to expect?
  4. The potential cost of liability insurance?
  5. The work schedule and "on call" potential?

Response Guidelines

Respond to the posts of any two of your peers. Suggest a plan for how the physician's daughter will be able to afford medical school in the specialty that your peers chose. Also, choose a socialist country, and research how much it costs to get educated in that particular specialty in that particular country. Finally, suggest the expected income potential.

Respond to the questions using available resources from your text and the Internet. Make sure to include the source citations and references for any outside sources used. Your reply should be in approximately 250-400 words and in APA format.

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