There are other course options available which may have a different vacancy status or entry requirements – view the full list of options

Make sure you check on the university, college or conservatoire website for any updates about course changes as a result of COVID-19.

Course summary

Are you interested in pursuing a rewarding career as a health economist? The Health Economics MSc has been designed for those who have a background in economics and are looking to specialise. However, we also offer provision to those who are new to economics. In developed and developing countries, the demand for specialists in health economics continues to increase. The Health Economics MSc is designed to meet this demand by introducing you to how microeconomics principles can be applied to the analysis of health and healthcare decisions by consumers, firms and governments. As a result, you will gain the skills and knowledge you need to work as a Health Economist in the public and private sectors, and international health organisations and NGOs. The Health Economics MSc will help you: Develop your analytical and modelling abilities; Understand the principles of microeconomics applied to health and healthcare; Apply principles and methods of economic evaluation; Assess the principal theoretical models developed by economists to explain the healthcare sector; Understand and apply the advanced quantitative methods used in health economics and economic evaluation; Design, analyse and interpret economic evaluation research.

Modules

You will take three core modules, plus the following depending on your path:

  • Dissertation path: you take two additional core modules, and one elective module, alongside the Dissertation
  • Literature survey path: you take two additional core modules (EITHER Business Economics OR Microeconomic Theory AND EITHER Quantitative Methods (Health) OR Econometrics), and three elective modules alongside the Economics Literature Survey.
Each module typically has a two-hour lecture and a one-hour tutorial each week but this may vary depending on which electives you choose. Part-time students please note modules are taught on weekdays during daytime, alongside students who are studying on the full-time MSc programme. Core modules for all students:
  • Economic Evaluation (15 credits)
  • Advanced Economic Evaluation (15 credits)
  • Health Economics (15 credits)
Core modules for dissertation path:
  • Econometrics (30 credits)
  • Economics Research Project (60 credits)
  • Microeconomic Theory (30 credits)
Core modules for Literature survey path
  • Business Economics (30 credits)
  • Microeconomic Theory (30 credits)
  • Quantitative Methods Health (30 credits)
  • Econometrics (30 credits)
  • Economics Literature Survey (30 credits)
Elective modules
  • Economic Evaluation Workshops (15 credits)
  • Welfare Economics (15 credits)
  • Epidemiology (15 credits)
  • Applied Econometrics (15 credits)
  • Development Economics (15 credits)
  • Economics of Regulation and Competition (15 credits)
  • The Economics of MicroFinance (15 credits)
  • Cognitive and Economic Science of Rational Choice (15 credits)
- Experimental Economics and Game Theory (15 credits)

Assessment method

You will be assessed in a variety of ways to ensure that they have met the formal learning objectives: (1) Individual coursework - in most modules, you will be required to undertake an individual written piece of coursework in the form of an essay, report, set exercises or a piece of analysis based upon a case study. (2) Group coursework - in some modules, the coursework will require you to work in teams of between 3 to 5 persons. (3) Presentations: in some modules, you will make formal presentations to the class, either individually or in groups. The presentation will be assessed by the module lecturer and formal feedback will be given to the student. (4) Computer-based exercises: for some modules, you will need to use software packages to solve problems or perform econometric estimations.4 (5) Tests and examinations: some modules will require you to take a test or an examination which could be instead of or in addition to other forms of coursework.


Entry requirements

To apply for this course, you should have: - Some mathematical background (A-level, IB, AP or any other equivalent secondary school qualification). - An upper second-class degree (or equivalent) undergraduate degree in Economics or a related discipline (e.g. Finance or Mathematics). Students with a good lower second-class undergraduate degree in one of the above disciplines might be considered on a case-by-case basis and their experience taken into account. If you have a background in Pharmacy, Medicine, Nursing or other health science related discipline and wish to pursue a career as a Health Economist please apply to the MSc Economic Evaluation in Healthcare as the MSc Health Economics requires a background in Economics. If English is not your first language you will need the following qualification: - IELTS with an overall score of 6.5 (with a minimum of 6.0 for each sub-test) OR - A first degree from a UK university or an overseas institution recognised by City as providing adequate evidence of proficiency in the English language, for example, from institutions in Australia or the USA. All applicants that require a Student visa must meet the minimum Home Office English Language ability requirements before City can issue the Certificate of Acceptance for Study (CAS) that is needed to apply for a Student visa.


Fees and funding

Tuition fees

EU £9763 Year 1
International £9763 Year 1
England £5849 Year 1
Scotland £5849 Year 1
Wales £5849 Year 1
Northern Ireland £5849 Year 1

Additional fee information

No additional fees or cost information has been supplied for this course, please contact the provider directly.
Health Economics at City, University of London - UCAS