Study-Unit Description

Study-Unit Description


TITLE Pharmacoeconomics and Management in Pharmacy

LEVEL 03 - Years 2, 3, 4 in Modular Undergraduate Course



DESCRIPTION - The impact of disease on the patient, the family, society, the economy and the state.
- Basic concepts of economics as applied to health in general and to pharmaceuticals in particular.
- The major pharmacoeconomic tests that are available to determine the efficiency, utility of and benefits arising from the use of different medicines and how these can be minimised.
- The requirement of regulation in pharmaceutical production, marketing and dispensing, and the effect that this has on the cost of therapy.
- The pharmacoeconomic factors that need to be taken into account along with factors of other nature when establishing treatment protocols in particular circumstances.
- Requirements for running efficient pharmacy services both in the community and in hospitals.
- The link between medicines management and clinical governance, risk management, forming effective relationships between primary and secondary care and improving financial planning.

Study unit aims:

o to obtain an appreciation of the impact of medication costs on the financial resources of the patient and of the country.
o to understand the role of management in the efficient provision of pharmacy services, and the tools that can be used to achieve such efficiency.

Learning Outcomes:

1. Knowledge & Understanding
By the end of this study unit, the student will be able to:
o describe varied pharmacoeconomic techniques
o understand framework concepts and tools for analyzing or proposing decisions with financial implications

2. Skills
By the end of this study unit, the student will be able to:
o perform literature evaluations of pharmacoeconomic articles
o apply fundamental management functions of planning, decision making, organizing

Main texts:

o Kayne SB. Ed. Pharmacy Business Management. London: Pharmaceutical Press, 2005

STUDY-UNIT TYPE Lecture, Seminar & Independent Study

Assessment Component/s Resit Availability Weighting
Examination (2 Hours) Yes 100%


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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Units not attracting a sufficient number of registrations may be withdrawn without notice.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 2020/1. It may be subject to change in subsequent years.