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Scarcity of resources is a basic economic problem with which public service managers charged with resource management have to contend. The aim of this module is to give students a broad understanding of the broad role played by economics and the management of finance within the health and social care sectors. This module explores the different ways in allocating funds to health and social care organisations, categories of costs and how each behaves.
It also focuses on the budgetary process to help students improve their skills as budget holders. Another of its strengths is that through this module students will become more confident at negotiating for additional resources, in working with local development plans and in developing business plans and business cases.