PHAR 486 - Advanced Pharmacoeconomics (2)

This elective course will take a practical approach and put pharmacoeconomic principles, methods, and theories into practice to quantify the value of pharmacy products and pharmaceutical care services used in real-world environments. Course participants will apply key modeling concepts using Microsoft Excel. This will include conceptualizing and structuring a pharmacoeconomics model, adding inputs, running analyses, and interpreting results. Hands-on modeling techniques will include decision trees, Markov models, cost-effectiveness analysis, cost-utility analysis, cost-minimization analysis, cost-benefit analysis, and sensitivity analysis. Prereqs: All P2 courses, including PHAR 402 and PHAR 417. Offered: Fall.