Study-Unit Description

Study-Unit Description


CODE PHR5611

 
TITLE Principles of Pharmacoeconomics

 
UM LEVEL 05 - Postgraduate Modular Diploma or Degree Course

 
MQF LEVEL 7

 
ECTS CREDITS 4

 
DEPARTMENT Pharmacy

 
DESCRIPTION The unit presents principles of pharmacoeconomics and their application in decision models and drug therapy outcome measures within clinical practice in healthcare delivery systems.
- Advanced economic evaluation in healthcare
- Health policy management
- Pricing of medicinal products and reimbursement schemes

Application of pharmacoeconomic analysis in disease states (cardiovascular disease, psychiatry, respiratory disease, gastrointestinal disorders).

Study-unit Aims:

- To define terminology used in pharmacoeconomics and in the application of economic-based evaluation methods of pharmaceutical care services;
- To describe pharmacoeconomic methodologies adopted in the economic approach of drug therapy and pharmaceutical services;
- To describe impact of pharmacoeconomic evaluations on decision-making in patient care and health outcomes measurement.

Learning Outcomes:

1. Knowledge & Understanding:

By the end of the study-unit the student will be able to:
- Define terminology used in economic-based evaluation methods;
- Describe pharmacoeconomic evaluation studies;
- Apply pharmacoeconomic principles to use of medicinal products and provision of pharmaceutical services.

2. Skills:

By the end of the study-unit the student will be able to:
- Propose study design for economic evaluations;
- Handle results of economic evaluations and examine impact of drug therapy and professional services on patients' quality of life and health outcomes;
- Identify limitations of economic evaluations;
- Assess impact of policy changes on economic aspects and health outcomes;
- Devise decision-making models when considering access to new therapies.

Main Text/s and any supplementary readings:

- Bootman JL, Townsend RJ, MacGhan WF. Principles of Pharmacoeconomics. 2nd edition. Harvey Whitney Books. 1996
- MacKinnon GE. Understanding Health Outcomes and Pharmacoeconomics. Jones and Bartlett Learning. 2011
- Rascati K. Essentials of Pharmacoeconomics. Lippincott, Williams & Wilkins. 2008.

 
STUDY-UNIT TYPE Independent Online Learning and Tutorials

 
METHOD OF ASSESSMENT
Assessment Component/s Assessment Due Sept. Asst Session Weighting
Classwork SEM1 Yes 30%
Examination (2 Hours) SEM1 Yes 70%

 
LECTURER/S Lilian M. Azzopardi
Jennifer Hanh-Tran Pham
Alan Lau
Maria Theresa Christina Mactal Haaf
Maurice Zarb Adami

 

 
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints.
Units not attracting a sufficient number of registrations may be withdrawn without notice.
It should be noted that all the information in the description above applies to study-units available during the academic year 2023/4. It may be subject to change in subsequent years.

https://www.um.edu.mt/course/studyunit