harmaceutical industry is one of the most critical parts of a country¶s industrial sector. In
akistan, there are more than 100 players in the pharmaceutical industry. Most of the companiesare involved in import, production and export of medicines. Due to unavailability of certain rawmaterials and latest equipments, some expensive medicines are imported from other countries.
rices of these medicines are always fluctuating due to currency exchange rates and raw material prices. This change of price also affects the demand for these medicines.
Import of medicines is affected by change in prices of medicines.
In this study, import bill of medicines is the dependent variable as it¶s the focus of study thathow import of medicines is affected.
rices of medicines, is the independent variable as it has animpact on the import bill of medicines.In economics, there is a relationship between demand for a product and its price. The demand for a specific product determines that how many units of it will be imported. So price is related withthe import bill of a specific product.
Data for import of medicines and change in prices of certain medicines will be collected from alocal company importing medicines into
akistan. The data will be of quantitative nature.
Two types of methodology will be followed to reach to the conclusion.1-