Economics

This course introduces students to the key principles of microeconomics and its application to decisions made by households and firms. Uses the forces of supply and demand, the course studies the interaction between individuals, business firms, and government. It analyses the impact of perfect and imperfect competition on the welfare of key players in society.

This course introduces students to macroeconomics concepts and tools of analysis used to understand how an economy as a whole function. It discusses the determinants of standard macroeconomic concepts including inflation, unemployment, and economic growth; money supply and interest rates; and evaluates the impact of fiscal and monetary policies on the economy. The course also analyses the impact of KSA'92s current policies on the key indicators of the Saudi economy.

This course is designed to introduce foundations and instruments of Islamic economics and finance within two parts. In the first part, the course will define Islamic economics and review its fundamental economic principles and discuss the historical development of Islamic economic thought. In the second part, the course will provide a relationship between Islamic economics and finance by covering the foundations of Islamic finance and its historical development.

This course will provide the pharmacy student with an overview and applications to assess the value and the standards of pharmacoeconomics, health outcomes, health economics, and epidemiology. It will teach the student basic concepts, assumptions, terminology, and methods associated with pharmacoeconomics and health-related outcomes research. An overview of pharmacoeconomic analysis using cost-effectiveness, cost-minimization, cost-utility, cost-benefit, and cost-identification studies will be addressed. This course will also teach the student to the basic features, strengths, and weaknesses of pharmacoepidemiological study designs. Various methods of collecting pharmacoepidemiological information, drug utilization studies, cross-sectional studies, observational studies, and clinical trials will be covered. Principles taught in this course will help the student to build their knowledge of how to assess and conduct research in the future to demonstrate the effectiveness, safety, and economic value of a new treatment.