Title: Projecting Number of Medical Doctors in Practice
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Introduction
This paper tries to outline a dynamic general equilibrium of the U.S economy. It involves analysis of the medical profession where plans are made to determine the right quantities of numbers in the profession. The profession of medical practice is also affected by the application and the use of technology. Demand and supply of medical practitioners is important in having a healthy population (Blumenthal, 2004).
Therefore, the American Medical Association determines the entry and exit of medics in the practice (Mello, Studdert, Schumi, Brennan, & Sage, 2007). It also has a significant effort in the number of students being taught for medical practice. This model explores through the past 20 years. We also compare these numbers which are determined by the American Medical Association. Other economists are also contributive to these figures.
In our case, we have different stock. These include physician in training, physician in practice, planned physician in practice and the average annual physician visits. On the other hand, we have flows. These include physician time in school, physicians graduating, physicians entering medical school, physicians entering medical practice, time for physician to leave practice, physician capacity and many more.
On average, there have been around 1500 to 2500 doctors of osteopathy per year. About 75% of these came from the United States. There are many factors that should be considered in the supply of medical doctors. A series of discussions have been allowed as to whether the time to enter medical school matters. This only affects the number of physicians in training. A physician in training will take a period of almost six years in order to graduate. The physicians spend time in learning on various professional fields in the medical