pharmacoeconomics
/ˌfɑːməkəʊˌiːkəˈnɒmɪks/ /ˌfɑːməkəʊˌɛkəˈnɒmɪks/noun
The economics, or economic evaluation, of the use of drugs in medicine; a discipline dealing with this.
Origin
1980s; earliest use found in Drug Intelligence & Clinical Pharmacy. From pharmaco- + economics: see -ic.