Hallmarks of the Professional Nursing Practice Environment. The work environment for the practice of nursing has long been cited as one of the most demanding across all types of work settings. Nurses provide the vast majority of patient care in hospitals, nursing homes, ambulatory care sites, and other health care settings (AONE, 2000).
Economics is a discipline that can help us answer these questions. Economics can actually be defined a few different ways: itâs the study of scarcity, the study of how people use resources, or the study of decision-making. Economics often involves topics like wealth, finance, recessions, and banking, leading to the misconception that economics is all about money and the stock market. Actually, itâs a much broader discipline that helps us understand historical trends, interpret todayâs headlines, and make predictions for coming decades.
That question, although not the central thesis of our analysis today, is an important starting point. A science, loosely defined, is a discipline that builds knowledge through observation and experimentation to explain naturally occurring phenomena. Now pick up any introductory Economics textbook, and they will tell you that modern economics is concerned with the âefficient allocation of scarce resourcesâ. As most of you will attest to, this relies on a market mechanism, and mutually beneficial trade. So far, economics looks nothing like science.