Master of Economics (Health Economics specialization)

2 Years On Campus Masters Program

University of Queensland

Program Overview

The Master of Economics in Health Economics specialization at the University of Queensland is designed for individuals passionate about improving health systems and policies through economic analysis. This program is ideal for those looking to advance their careers in health policy, management, or research, equipping students with the skills to analyze health care systems and make informed decisions that impact public health.

 

Curriculum Structure:

Year 1: Students build foundations in economics and public health through Consumer and Firm Behaviour, Health Economics, Introduction to Epidemiology, and Health Economics and Policy, developing skills to analyse healthcare systems and health-related economic issues.

Year 2: Students deepen their health economics expertise through Economic Evaluation and Health, advanced health economics and policy studies, research experience, and applied analysis of healthcare costs, outcomes and resource allocation.

Focus Areas: Health policy, economic evaluation, global health, pharmaceutical economics, health systems analysis.

Learning Outcomes: Students will develop the ability to critically analyze health policies, conduct economic evaluations, and apply economic theories to real-world health issues.

Professional Alignment (Accreditation): The program is aligned with industry standards and is recognized by relevant professional bodies, ensuring that graduates are well-prepared for the workforce.

Reputation (Employability Rankings): The University of Queensland consistently ranks among the top universities globally, with strong employability rankings in health and economics fields, as recognized by QS and The Guardian.

 

Experiential Learning (Research, Projects, Internships etc.)

At the University of Queensland, the Master of Economics in Health Economics  program is designed to provide students with a robust blend of theoretical knowledge and practical skills that are essential for a successful career in health economics. Students engage in experiential learning through various hands-on opportunities, including group projects, internships, and access to state-of-the-art facilities. This approach not only enhances understanding but also prepares graduates to tackle real-world challenges in the health sector.

 

Here are some key aspects of the experiential learning opportunities available in the Master of Economics in Health Economics program:

- Group Projects: Collaborate with peers on real-world health economics issues, allowing you to apply theoretical concepts in practical settings.
- Internships: Gain valuable industry experience through internships with health organizations, government agencies, and research institutions, providing insights into the application of health economics in various contexts.
- Software Tools: Utilize specialized software such as STATA and R for data analysis, which are essential for conducting health economic evaluations and research.
- Field Trips: Participate in field trips to health facilities and organizations, offering firsthand exposure to the health system and its economic challenges.
- Research Laboratories: Access dedicated research labs equipped with the latest technology to support your research projects and studies.
- Libraries and Resources: Benefit from extensive library resources, including access to health economics journals, databases, and research publications that support your academic work.
- Collaboration with Institutes: Engage with UQ’s research institutes, such as the Centre for Online Health and the Queensland Brain Institute, which provide opportunities for interdisciplinary collaboration and research.

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Progression & Future Opportunities

The Master of Economics in Health Economics specialization at the University of Queensland equips graduates with the skills and knowledge to excel in a rapidly evolving field. With a strong focus on analytical and economic principles, graduates can pursue rewarding careers in various sectors. Typical job roles include:

- Health Economist
- Policy Analyst
- Research Consultant
- Health Services Manager

Here’s how the University of Queensland supports your journey towards a successful career in health economics:

- Career Services: The university offers dedicated career support, including resume workshops, interview preparation, and networking events with industry professionals.
- Employment Statistics: UQ boasts an impressive employment rate, with over 90% of graduates finding work within six months of graduation. The average starting salary for graduates in health economics is around AUD 80,000.
- University–Industry Partnerships: UQ collaborates with leading health organizations and government agencies, providing students with opportunities for internships and real-world projects that enhance employability.
- Long-term Accreditation Value: The program is recognized by key professional bodies, ensuring that your qualification remains relevant and respected in the industry.
- Graduation Outcomes: Graduates are well-prepared to influence health policy and contribute to economic evaluations, making a significant impact on public health initiatives.

Further Academic Progression: After completing the Master of Economics in Health Economics speciliazation , you may choose to pursue a PhD in Health Economics or related fields, allowing you to engage in advanced research and contribute to academic knowledge. Additionally, you could explore specialized certifications or short courses to enhance your expertise in specific areas of health economics or public health. This pathway not only deepens your understanding but also opens doors to higher-level positions in academia, research institutions, or government agencies.

 

Program Key Stats

$56,800
$44,344

Febr Intake : 1st NovJuly Intake : 30th Apr


40%
No

Eligibility Criteria

2.35

NA
NA
NA
6.5
87
NA

Additional Information & Requirements

Country Requirements

Career Options

  • Health Policy Analyst
  • Health Costing Consultant
  • Economic Evaluation Adviser
  • Health Economist
  • Health Services Administrator
  • Clinical Trials Project Officer
  • Health Policy Adviser
  • Healthcare Consultant
  • Health Data Analyst
  • Health Economics Researcher

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