During the past decades, the continuing and rapid growth of medical expenditure has raised serious concern worldwide. Therefore, how to deliver effective treatments at acceptable costs has become a significant issue to clinical practitioners and health authorities. Pharmacoeconomics and pharmacy administration are two disciplines recently evolved to evaluate the effect of health care interventions on patient well-being including clinical, economic, and patient-centered outcomes, which could be the best support to current challenges of the health care system. As a pioneer of pharmacy education in Taiwan, School of Pharmacy at National Taiwan University (NTU) has incorporate lectures of pharmacoeconomics and pharmacy administration in its current curriculum to empower our students with essential skills in this field, which will apply to their current and future practices. This article provides an overview on pharmacoeconomics and pharmacy administration and describes associated lectures included in the curriculum of School of Pharmacy, NTU. Our article is provided as a platform for experience sharing and served as an aid to renovate pharmacy education in Taiwan.