Applying The Knowledge Of Economic Theory Term Paper

PAGES
2
WORDS
654
Cite

Envisioning Recovery Practice development is mainly aimed at addressing a shortfall in clinical practice by the use of systematic processes in order to change current practice so as to improve health care. When undertaking practice development for improving recovery for patients it is vital that the healthcare organization envisions the recovery that it would like for its patients. Using such a vision will allow the organization to drill down to the specifics of how it can go ahead and improve recovery for its patients. Having a bigger picture of the recovery that the facility would like to have is beneficial as it allows the facility to create an image of how recovery should be within the facility. Once there is a bigger picture in place there is need to break it down into smaller pieces or steps that would assist the healthcare facility to achieve its overall objective (Earthy, Sleney, Mcneilly, & Thomas, 2015). A healthcare facility that has gone through the process of envisioning its patients’ future recovery and has measurable goals and priorities will be in a better place to handle its patient recovery process.

Envisioning recovery would entail identifying who would be in charge of the various...

...

Recovery is never instant and it would be beneficial of all involved parties understood this and worked towards ensuring that the patient is not rushed, but given time to adjust. By using a preexisting vision and associated goals there are better outcomes for recovery and all the staff know and understand what they need to do when a particular case is presented. It is vital that when envisioning recovery, the vision is realistic and can be easily interpreted by the other healthcare providers. This would make it easy for them to recall what needs to be done and the steps that should be followed.
Knowledge of Economic Theory

Economic theory is model for decision-making for how a person can allocate scarce resources. The main goal of economic theory is the accurate prediction of the choices that people make in regards to the allocation of resources. Advanced practice nurses can use this theory to properly allocate the scarce resources that they have within the health care facility to ensure that each patient receives appropriate and necessary care. The scarcity of resources plagues the current health care environment and advanced practice nurses should be able to…

Sources Used in Documents:

References

Earthy, S., Sleney, J., Mcneilly, E., & Thomas, H. (2015). Getting back to normal? Recovery in the context of serious physical illness or injury.

Jones, T. L., & Yoder, L. (2010). Economic theory and nursing administration research—Is this a good combination? Paper presented at the Nursing forum.



Cite this Document:

"Applying The Knowledge Of Economic Theory" (2018, February 09) Retrieved April 26, 2024, from
https://www.paperdue.com/essay/applying-knowledge-economic-theory-2166969

"Applying The Knowledge Of Economic Theory" 09 February 2018. Web.26 April. 2024. <
https://www.paperdue.com/essay/applying-knowledge-economic-theory-2166969>

"Applying The Knowledge Of Economic Theory", 09 February 2018, Accessed.26 April. 2024,
https://www.paperdue.com/essay/applying-knowledge-economic-theory-2166969

Related Documents

International economic theories and policies have a double role: to explain and to regulate. On one side, the international economic theories explain the international economical environment where exchanges are produced, as well as general laws that govern this environment. The international economic policies create a regulatory environment, with rules under which these exchanges are produced. The mercantilist view on trade evoked two main characteristics. One of them referred to the fact

All in all, Business Intelligence allows the company to better analyze the myriad of forces in the micro and macro environment and to make better informed decisions. It as such supports analytics, which in turn creates competitive advantages for the economic agent (Davenport, 2006), but it also creates internal strength and stability in the face of external pressures; it supports the processes of decision making. Still, regardless of the benefits of

Economics Finance MBA Level
PAGES 50 WORDS 13568

Disrupting America's economic system is a fundamental objective of terrorists Even as the world continues to struggle with the terrible shock from the September 11 attacks in New York and Washington, one principle lesson has already become clear: disrupting our economic system is a fundamental objective of terrorists. Prior to September 11, our economic environment was certainly not immune to terror, in comparison to many other nations; we lived relatively terror-free. Now,

The deal was immediately criticized as anti-competitive by William Kennard, the chairman of the Federal Communications Commission, and by the Communications Workers of America, which represents some workers at both of the merged companies. But neither government regulators nor union bureaucrats will have the slightest impact on the latest merger. They have neither the power nor the desire to oppose the plans of the giant telecommunications monopolies. More substantial opposition

Organizational theory refers to the behavioral and social theories which help in the understanding of both informal and formal organizations. It makes references to a number of fields - anthropology, sociology, psychology, semiotics, economics, communications science, history and cybernetics (Sage Publications, n.d). The field has become popular with sociological researchers. Many of these researchers, drawn from such fields as medical sociology, social movements, political sociology and education, have realized the

Growth Theory
PAGES 25 WORDS 7085

Economics of New Ideas and Innovations This research paper discusses the economics of a new idea. Without new ideas and inventions, the economy might very well become stagnant or decline, as predicted by many early economists, who did not understand that impact that ideas and innovative technology had on global markets. Technology is endogenous in the new growth theory, which holds that technology is a function of the capital and labor used