Topic: Medical care, generally described as services from doctors, hospitals and pharmaceuticals, has driven the rise

Order Description These statements should be typed, double space and be around 400 words (around 2 pages). Each DOS should include the following: 1) A clear statement of opinion on the specific topic chosen within the first 5 sentences of the DOS. 2) A reference to the results of some economic model that pertains to the specific topic. 3) At least 1 references from peer-review literature that support your opinion (for detailed information see “Tips” below). 4) A works cited section (not to be considered part of your word count). Tips • “Peer-reviewed” literature is academic in nature. This excluded newspapers, television reports, blogs, online news agencies, etc. The syllabus has an excellent collection of peer-reviewed articles. (Note: many of the publications are found on Blackboard but most journal articles are proprietary) • Economic models include the market model, the Grossman model, probability density functions(must use these models to explain) Any model I reference in class that pertains to the subject would prove useful. • There is no need to include a visual representation of the economic model, but rather state the result and how it is derived (e.g. price moves to a point where quantity demanded equals quantity supplied). • Think about answering these questions when writing your DOS. o What is my opinion on this topic? o What evidence is there to support my opinion (via economic model or peer-reviewed literature)? o How does this economic model work? / What is the methodology used in the literature referenced? o Is there any weakness in the arguments made by an opposing opinion? Is there evidence of this weakness? o What should policy be focused on in the future to address this issue (in the context of your opinion)? Grading The 2 DOS count as 20% of your grade (10% for each DOS). Each DOS will be graded out of 100 points according to the breakdown below: • • 30 points possible for usage/description of references 30 points for usage/description of economics/economic models • • 30 points for quality/strength of defense of opinion 10 points for quality of writing