Question

Assuming that you are a nurse by profession but you were working as a contact center agent. Try to explain how applied economics
can be used to solve this problem.​

Answer 1

Explanation:

Core values of nursing include altruism, autonomy, human dignity, integrity, honesty and social justice . The core ethical values are generally shared within the global community, and they are a reflection of the human and spiritual approach to the

Answer 2

This is the case of Underemployment where a nurse is now being working as a contact center agent.

What is applied Economics?

It is the branch of economics which is used to take business decisions and helps one to understand about the dynamics of market forces.

Applied Economics help to solve the given problem in following ways:-

• By creating the required infrastructure- To make people employed as per their ability to work, it is necessary to generate the vacanies in a particular sector. It requires the right infrastructure creation. For example, when hospitals are built, it needs Nurse as an employee working there. Thus, it has the potential to solve the problem.

• Also, problem of underemployment is solved by making the work available to the right person. If she has the qualification of a nurse, she can better perform her duty in the mainfield.

• By creating the campus recruitment can also help in solving thiis problem as the Nurses in the workforce are crucial for any hospital. This include the collaboration of Medical colleges with that of numerous hospitals.

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