MSc Health Economics and Econometrics

University of Birmingham
1 year
Full time
Master's degree
Scholarships available

About this program

MSc Health Economics and Econometrics

This Program gives you the opportunity to follow a more econometrics based pathway underpinned by microeconomic theory, while taking the core modules required to study Health Economics (Economic Evaluation and Modelling for Health Care Decision Making).

The Program is targeted at those with an undergraduate economics-based degree and a desire to obtain a technical training relevant for a career in which these skills can be applied to the health care sector nationally and internationally. With its blend of applied health economic modules and specialist economic modules, the MSc in Health Economics and Econometrics is ideal for individuals wishing to embark on a career as a health economist in industry, the health service or academia. This is an area identified as a priority for the health service and health economists with these skills are in short supply.

The MSc in Health Economics and Econometrics is hosted by the Health Economics Unit in collaboration with the Department of Economics.

This Program incorporates two core modules provided by the Department of Economics (Microeconomics, Econometrics) and four core modules from the MSc Health Economics and Health Policy Program (Introduction to Health Economics, Economic Evaluation, Statistics II, Modelling for Health Economics) and one relevant policy based optional module.

Admission requirements

The normal entrance requirement for our Masters Programs 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.

Academic 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:

  • by holding an English language qualification to the right level
  • by taking and successfully completing one of our English courses for international students

English to IELTS 6.5 (with a minimum of 6.0 in each component).

For more information about admission requirements, please visit the university website.

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Program content

  • Microeconomics
  • Econometrics
  • Introduction to Health Economics
  • Economic Evaluation in Healthcare
  • Modelling for Health Economics

Scholarships & funding

Several scholarship options are available. Please visit the university website for more information.

Program delivery

On this Program the modules delivered by the Department of Economics are delivered in traditional weekly lectures and classes whilst the modules delivered by the Health Economics Unit are delivered via block sessions of 3 or 5 days. This Program is only suitable for students in full time study. You will participate in a range of teaching styles such as lectures, small group tutorials, presentations, peer group learning, self-study etc. You will have access to a comprehensive support system that will assist and encourage you, including personal tutors and welfare tutors who can help with both academic and welfare issues.


Annual tuition fee for 2022/23:

  • UK: £9,810 full-time
  • International: £20,430 full-time


The MSc Health Economics and Econometrics aims to:

  • provide a high quality Program 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 healthcare decision-making.

Career paths

Employability from the allied and established MSc in Health Economics and Health Policy has been consistently high. This new Program has been specifically designed to complement the current demand by building on specific skills that are known to be in short supply.

This Program will supplement the standard health economic toolkit of economic evaluation and modelling by helping those with particular technical interests to develop techniques to analyse aspects of the Health Service and the big data sets that are being developed and those which are currently available in health service systems and databases.

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About this institute

University of Birmingham

A member of the Russell Group and world ‘top 100’ university (QS World Rankings 2017), the University of Birmingham offers three career-focused 100% online postgraduate degrees which will set you on a path to career excellence: Online MBA Online MSc...

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Contact info

University of Birmingham

B15 2TT Birmingham
United Kingdom

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University of Birmingham

Message the school

Want to know more about MSc Health Economics and Econometrics? Fill out the following form and we'll pass your details on to a representative from the school, who will respond to your enquiry.


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