PHAR 631 Pharmaeconomics and Outcome Science

Pharmacoeconomics involves the study of costs and consequences (outcomes) associated with the use of pharmaceutical services and products (e.g., drugs). This course is designed to help students have an understanding of the economic, humanistic, financial, and outcome principles that drive the use of medical resources in the United States. The course will introduce concepts such as costs, economic evaluation, and health related outcomes such as quality of life. The ultimate goal is for students to be better equipped to make effective decisions that result in better outcomes for the patient. Students completing this course should be able to: identify the various types of pharmacoeconomic evaluations, critically appraise and analyze pharmacoeconomic and outcome literature, and apply economic principles to pharmaceutical care problems encountered in pharmacy practice.