How do I answer this question,
Why do doctors earn more than cleaners?
Thanks.
A doctor can take up a mop and start cleaning straight away.
A cleaner needs to study medicine for a couple of years, understand what the hell she is studying, pass the exams, do her housemanship for a few years and then be considered qualified to look at sick people.
From an economics homework perspective:
Supply of cleaners can be considered unlimited - anybody can be a cleaner with no or little training. Supply curve is almost perfectly elastic.
Supply of doctors can be considered limited - not many people can become doctors. Supply curve is almost perfectly inelastic.
Originally posted by charlize:A doctor can take up a mop and start cleaning straight away.
A cleaner needs to study medicine for a couple of years, understand what the hell she is studying, pass the exams, do her housemanship for a few years and then be considered qualified to look at sick people.
why is it reversed?
Originally posted by eeden.:why is it reversed?
To illustrate if roles were reversed.
Originally posted by charlize:To illustrate if roles were reversed.
good boy
Not a hard question if you know how to google.
Originally posted by charlize:Not a hard question if you know how to google.
http://www.google.com
okay thanks. roughly need to know how to answer this kind of question.
Originally posted by charlize:
From an economics homework perspective:
Supply of cleaners can be considered unlimited - anybody can be a cleaner with no or little training. Supply curve is almost perfectly elastic.
Supply of doctors can be considered limited - not many people can become doctors. Supply curve is almost perfectly inelastic.
What about in a communist regime?
Do doctors make more than cleaners?
Haiz.....class struggles.
Originally posted by deepak.c:
What about in a communist regime?
Do doctors make more than cleaners?
Haiz.....class struggles.
In a communist regime, doctors still earn more than cleaners about 1- 2 times more but in a market economy, a surgeon earns 200 times as much as a cleaner.
An established surgeon can earn $120,000 per month while a cleaner only earns $600 per month.
I think it depends on the degree of communism, given that no country in the world is purely communistic or democratic.
If you work as a cleaner in a hotel, you might get more from the tips by tourist compared to a doctor.
According to the World Health Organization, Cuba provides a doctor for every 170 residents,[52] and has the second highest doctor to patient ratio in the world after Italy.[53]
Medical professionals are not paid high salaries by international standards. In 2002 the mean monthly salary was 261 pesos, 1.5 times the national mean.[54] A doctor’s salary in the late 1990s was equivalent to about US$15–20 per month in purchasing power. Therefore, many prefer to work in different occupations, generally in the lucrative tourist industry (e.g. taxi drivers), where earnings can be 50 to 60 times more.[
Established doctors and surgeons in the communist regime are rumoured to collect "red packets" from patients too.
Hence, in the study of labour economics, there is always the excitment or agony on the topic of wage differentials.
Originally posted by Lee012lee:Established doctors and surgeons in the communist regime are rumoured to collect "red packets" from patients too.
Hence, in the study of labour economics, there is always the excitment or agony on the topic of wage differentials.
Depends on who the patient is, the majority of patients don't have much to go by, don't think they will give "red packets". Those that give red packets are those holding top post in the communist regimes and maybe those health tourist (but then again, those health tourist that visit Cuba from the surrounding region do so because it's cheap).
But then again it's ONLY the top surgeons and doctors getting the red packets, not all surgeons and doctors.
So, does this mean that doctors should earn less than taxi drivers ?
So, doctors should be on high moral grounds and live with low income
and taxis drivers can accept tips, commision from tourist shops' owners and live
with high income ?
Originally posted by Lee012lee:So, does this mean that doctors should earn less than taxi drivers ?
So, doctors should be on high moral grounds and live with low income
and taxis drivers can accept tips, commision from tourist shops' owners and live
with high income ?
what level of economics is this? A' level or what
doctors earned more cos of many reasons.
1) Their profession is highly specialised
2) their profession and licensure is regulated by Spore Medical Council
3) to obtain MBBS or medical degree, it took them 5 years to obtain their degree. if they want to specialise, they need another 5-6 years before becoming a specialist in their chosen field.
4) their profession deals with life and death and treatment of diseases and surgery. do you feel safe with an untrained doctor in the underground world operating on you?
TS has not said which level.
besides doctors, engineering and architecture also took 4-5 years of study to obtain degree. engineer and architect pay also pays well, but not as high as doctors. doctors are the only professions that demand alot in them. its not easy to be a doctor, as there are many medications to remember.
Originally posted by charlize:A doctor can take up a mop and start cleaning straight away.
A cleaner needs to study medicine for a couple of years, understand what the hell she is studying, pass the exams, do her housemanship for a few years and then be considered qualified to look at sick people.
an undergrad at NUS Yong Loo Lin School of Medicine, study 5 years to obtain their MBBS and 1 year of Housemanship. after that they need to serve 5-6 years of bond as their studies are heavily subsidized by the government. they are being rotated to different hospitals every 6 months in different departments as a medical officer. if they want to specialise, they need to go into 3 years of BST and 2 years of AST before becoming a specialist. There are 3 kinds of specialists, associate consultant, consultant, senior consultant. AC is sort of a newbie consultant. to progress into a consultant, you need a few years of experience of being an AC first. to be a senior consultant, you need at least 5 years of experience being a consultant.
besides NUS, there are also DUKE-NUS located at SGH that churn out medical students, about 50 of them every year. NUS churn out about 200 plus medical students into the profession every year.
Originally posted by Rooney9:an undergrad at NUS Yong Loo Lin School of Medicine, study 5 years to obtain their MBBS and 1 year of Housemanship. after that they need to serve 5-6 years of bond as their studies are heavily subsidized by the government. they are being rotated to different hospitals every 6 months in different departments as a medical officer. if they want to specialise, they need to go into 3 years of BST and 2 years of AST before becoming a specialist. There are 3 kinds of specialists, associate consultant, consultant, senior consultant. AC is sort of a newbie consultant. to progress into a consultant, you need a few years of experience of being an AC first. to be a senior consultant, you need at least 5 years of experience being a consultant.
How long does it take a doctor to be an assistant professor, associate professor and clinical professor ?
I understand that an associate consultant doctor can start to see private patients in a government hospital.
May I know who much does a consultant doctor earn from private patients as private patients are usually asked to go for many tests ?
Example
A MRI test costs $2300 for a private patient. How much does the consultant doctor earn from the MRI Test ?
If possible, can you share with us how are doctors being renumerated in a hospital ?
Thanks.
Originally posted by Lee012lee:How long does it take a doctor to be an assistant professor, associate professor and clinical professor ?
I understand that an associate consultant doctor can start to see private patients in a government hospital.
May I know who much does a consultant doctor earn from private patients as private patients are usually asked to go for many tests ?
Example
A MRI test costs $2300 for a private patient. How much does the consultant doctor earn from the MRI Test ?
If possible, can you share with us how are doctors being renumerated in a hospital ?
Thanks.
I can tell you a AST (advanced specialist trainee) pay is almost 7k. a HOD pay in a public hospital is 25k. so you can deduce how much pay is AC, consultant and senior consultant. by the way, a senior consultant is usually the HOD of a public hospital. as for professorship, you need to teach at NUS, sort of a title in the teaching profession. most are associate professors in public hospitals. those doctors who are senior in the profession and teaching for decades, are full professors. those doctors and professors teaching at NUS, are either senior consultants, associate or professors. our medical education are modelled after UK, but MOH has decided to switch it to the american model, ACGME and residency programmes.
most of the specialists are visiting consultants to other public and private hospitals. they only go there maybe once a week there. other that that, they stay at their own hospitals tending to their clinics, teaching and doing administrative work in the department. other times, those senior doctors head a committee in their hospital, such as the onset swine flu. MOH also appoint them to head STC(specialist training committee) taking in BST and AST. this model is going to switch to the american model of ACGME in future.
for BST to proceed to AST, you need to pass FRCS or MRCP, depending on which specialisation you are. there are about 35 specialisations in the field of medicine in Singapore, although sports medicine is going to be a specialist in its own right in future, as is family medicine.
just to give you a few specialisations in medicine in singapore
1) diagnostic radiology
2) nuclear medicine
3) orthorhinolarygngology (ENT - Ear Nose Throat for short)
4) psychiatry
5) emergency medicine
6) pathology
7) general surgery
8) orthopaedic surgery