The MSc in Health Economics and Econometrics is an entirely new programme hosted by the Health Economics Unit in collaboration with the Department of Economics. This new programme incorporates two core modules provided by the Department of Economics (Microeconomics, Econometrics) and three core modules from the MSc Health Economics and Health Policy Programme (Economic Evaluation, Statistics II, Modelling for Health Economics) and one relevant policy based optional module.
The purpose is to enable you to be fully equipped to utilise, analyse and interpret the big data sets that are increasingly available across health systems in addition to understanding these in the context of health and economic related issues and policy. This programme is designed to build on the strength and experience of both the Department of Economics and the Health Economics Unit in providing high quality Masters programmes.
This programme provides a contrast to the current MSc Health Economics and Health Policy programme by providing a greater focus on the underpinning advanced economic theory and econometrics for those students with excellent undergraduate degrees in economics. However it retains the provision of the key skills associated with the conduct of economic evaluation, modelling as well as an exposure to economic policy (expected in many health economic posts).
Why study this course
The MSc Health Economics and Econometrics aims to:
provide a high quality programme examining health issues from an economics perspective, to provide you with an advanced technical training, and to enable you to develop your analytical skills for use in health economics.
assist you to develop the analytical ability to relate theories and research findings to your current or future employment experience in the health service
provide you with an understanding of the theoretical and historical foundation of health economics
develop your skills in the application of research evidence in the field of health economics
provide you with opportunities for shared learning
develop your understanding of the role of health economics in health care decision making
The programme consists of taught modules (120 credits), plus a dissertation (60 credits – MSc only). There are five compulsory taught modules:
* The Economic Evaluation component of the Introduction to Health Economics module (2 days) must be attended prior to the compulsory Economic Evaluation in Health Care module. Note that students on this course are not required to attend Statistics for Health Economics I, as the relevant material is covered within the Econometrics module.
In addition to the above, students need to choose a further 20 credit optional module from one of those offered as follows:
From the MSc Health Economics and Health Policy programme e.g. Policy and Economics of Healthcare Delivery
From the Department of Economics e.g. Development Economic Policy or Political Economy and Economic Policy, but only with joint departmental agreement.
For the full Masters you will need to submit a dissertation of 10,000 words on an agreed topic in an area of health economics or econometrics (60 credits). A PG Diploma may be obtained by completing the taught modules without the dissertation.
Fees and funding
2014/15 course fees
MSc - £5940 / PGDip £3960 (plus living expenses/hotel costs)
Non UK/EU students
£13655 (plus living expenses/hotel costs)
Learn more about
fees and funding
Scholarships and studentships
We are excited to announce that we have three NIHR funded studentships available for this programme.
To be eligible for entry into the competition for studentships to support the MSc Health Economics and Econometrics – applications for entry to the programme must be received before 27 June 2014.
The provisional date for studentship interviews is Thursday 10 July.
Due to funding body regulations studentships will be offered to UK students in the first instance and if necessary will then open up to EU students.
Scholarships may be available. International students can often gain funding through overseas research scholarships, Commonwealth scholarships or their home government. Visit our website for information about scholarships for international students
For further information contact the School directly or email firstname.lastname@example.org
The normal entrance requirement for our Masters programmes is a good Honours degree (upper second-class or above) in Economics or a closely related subject, or an equivalent professional qualification and professional experience.
Appropriate career experience may also be taken into account. It is hard to give general rules on these matters, since each case is considered on individual merit. However, the factors which tend to count in your favour are suitable health services managerial experience, favourable reports from academic referees, or proven ability in research or publication. You should give as much evidence as possible of your capabilities in these areas.
Learn more about entry requirements
We accept a range of qualifications, our country pages show you what qualifications we accept from your country.
English language requirements
You can satisfy our English language requirements in two ways:
English to IELTS 7.0 (with a minimum of 6.5 in each component) or TOEFL Internet based 95 overall with no less than 22 in any band.
How to apply
When clicking on the Apply Now button you will be directed to an application specifically designed for the programme you wish to apply for where you will create an account with the University application system and submit your application and supporting documents online. Further information regarding how to apply online can be found on the How to apply pages