PHARMACOECONOMICS

Course Description

Objectives of this course are mainly to prepare students with a good understanding on the empirical foundation of Pharmaeconomics. This course will provide students with advanced knowledge of Business management, Accounting and Economics basic terminologies. In successful completion of this course, all students will develop their knowledge and understanding on: cost minimization, cost benefit, cost effectiveness and cost utility analysis of pharmaceutical products in medical field. Legal and regulatory issues in management of a pharmacy, legislation, responsibilities of pharmacist, necessary legal documents for a pharmacy are also covered. Also, principals of cost-effectiveness analysis; measuring costs, inflation, and time preference; measuring quality-adjusted life years (QALYs); analysis of costs, QALYs, and cost-effectiveness; design of economic evaluations in clinical trials.

PHARMACOECONOMICS

Evaluation Tools (Active Term)

No evaluation items have been defined.

Course outcomes

1. 01 To identify (2) or conduct (3) costs and outcomes variables
2. 02 To assess (5) and classify (3) decisions in in light of costs and benefits
3. 03 To compare (4) and contrast cases (4) in the health sector.
4. 04 To interpret the differentiation between the cases and options in health sector from a particular perspective. (3)
5. 05 To evaluate (5) and critically analyse (4) published articles and academic researches.
6. 06 To report decision analysis in the case of health sector(3)

Course Syllabus

Reference Books & Course Materials

1. 01 Rascati, K, L. Essential of Pharmaeconomics, Wolters Kluwer/ Lippincott Williams & Wilkins.

Learning Outcomes

1. L01 To identify (2) or conduct (3) costs and outcomes variables
2. L02 To assess (5) and classify (3) decisions in in light of costs and benefits
3. L03 To compare (4) and contrast cases (4) in the health sector.
4. L04 To interpret the differentiation between the cases and options in health sector from a particular perspective. (3)
5. L05 To report decesion analysis in the case of health sector. (3)

Program Outcomes

1. P01 Gain the ability to apply the Pharmacy profession.
2. P02 Interpret the accuracy and reliability of the current theoretical and practical knowledge in the field of pharmacy, as well as being able to follow and evaluate innovations.
3. P03 Practically apply the knowledge they gain on pharmaceutical sciences. The acquired knowledge and skills allow the graduates to act as the closest health consultant to the public with the ability to inform the public.
4. P04 Evaluate and apply current technology related to basic subjects and principles covering pharmacy and health sciences and take part in in-service training seminars.
5. P05 Know the risks and evaluation of the use of drugs and other chemicals and safe laboratory practices (GMP).
6. P06 Acquire the ability to interpret the findings obtained by qualitative and quantitative measurements and to reach valid scientific results from the data.
7. P07 Prepare pharmaceuticals and provide guidance on the use of pharmaceutical products.
8. P08 Design research and develop projects related to pharmaceutical products; manage and share the results.
9. P09 Be competent to accurately and intelligibly communicate and transfer knowledge about prescription content and pharmaceutical products to the patient / user. The graduates are trained on taking necessary precautions for safe drug usage and encouraging rational drug use, as well as providing consultancy and supervision.
10. P10 Work in an interdisciplinary environment. Graduates can cooperate with other professional groups, participate in vocational training and activities, have proper knowledge and communication skills.
11. P11 Take part in social responsibility projects related to health. Graduates have awareness on sustainable environment and participate in activities and practices related to their profession.
12. P12 Open a community pharmacy, also work in hospital pharmacies, can work in different fields related with pharmaceuticals, cosmetics, medical and herbal products, as well as production and quality control in the pharmaceutical industry. Takes part in the professional development of herself/himself, her/his colleagues and pharmacy students.
13. P13 Implements the legal and professional law and ethics as a health professional, in issues concerning public health.
14. P14 Knows and applies the processes related to drug design from natural or synthetic sources, as well as development, preparation, analysis and metabolism of drugs in the human body.

Po-Lo Matrix