MSc in Health Economics

1 Year On Campus Masters Program

University of York

Program Overview

 

This MSc is ideal for students who want to apply economic principles to healthcare systems, policy design, and resource allocation. It suits graduates from economics, health sciences, or related disciplines who are aiming for careers in health policy, consultancy, or international development.


Curriculum Structure

Semester 1 – Core Economic and Health Foundations
Students begin with Microeconomic Theory, Macroeconomic Theory, and Econometric Methods, which build a solid foundation in economic modelling and statistical analysis. These modules are essential for understanding how healthcare markets operate and how to evaluate health interventions using data.

Semester 2 – Applied Health Economics Modules
Students dive into specialised modules such as Health Economics, Public Finance, and Economics of Education. These units explore how economic tools are used to assess healthcare systems, funding models, and the impact of policy on public health outcomes.

Summer Term – Independent Research Project
Students complete a dissertation focused on a health economics topic of their choice, applying theoretical and empirical methods to a real-world issue. This project showcases their ability to conduct independent research and contribute to policy-relevant debates.


Focus areas

Health economics, public finance, econometrics, policy evaluation, microeconomics, education economics.


Learning outcomes

Graduates will be able to apply economic theory to healthcare policy, analyse health-related data, evaluate interventions, and communicate evidence-based recommendations.


Professional alignment (accreditation)

Delivered by the University of York’s Department of Economics and Related Studies in collaboration with the world-renowned Centre for Health Economics — a global leader in health policy research.


Reputation (employability rankings)

The University of York ranks in the UK Top 20 for Economics (Complete University Guide 2024), and is a member of the prestigious Russell Group. 95% of York postgraduates are in work or further study within 15 months of graduation.

 

Experiential Learning (Research, Projects, Internships etc.)

 

This program is designed to help students apply economic theory and quantitative methods directly to healthcare systems and policy evaluation. Students work with real-world health datasets, industry-standard software, and benefit from York’s globally recognised research environment. The course is delivered in collaboration with the University’s Centre for Health Economics — one of the world’s leading institutes in the field — offering students access to cutting-edge research, seminars, and expert supervision.

Here’s how students gain practical experience throughout the year:

  • Econometric Software Training: Students use tools such as Stata, R, and EViews to analyse health data, model policy outcomes, and interpret large datasets.
  • Applied Modules: Courses like Health Economics, Public Finance, and Economics of Education include hands-on assignments using real-world healthcare and policy data.
  • Independent Dissertation: A supervised research project applying theoretical and empirical methods to a health economics issue of the student’s choice.
  • Access to York’s Library and Digital Resources: Includes databases like JSTOR, World Bank, and OECD iLibrary, plus support from economics subject librarians.
  • Research Environment: Students benefit from York’s active research centres, especially the Centre for Health Economics, which hosts seminars, workshops, and collaborative projects.
  • Guest Lectures and Seminars: Delivered by academic economists and health policy professionals, covering topics like healthcare financing, cost-effectiveness analysis, and system reform.

 

Progression & Future Opportunities

 

Graduates from this program are highly sought after in health policy, consultancy, and international development, thanks to their ability to apply economic analysis to healthcare systems. Many go on to work in government agencies, global NGOs, research institutes, and health-focused consultancies. Typical job titles include: Health Economist, Policy Advisor, Public Health Analyst, and Economic Consultant.

Here’s how York supports your career journey:

  • Careers and Placements Team: Offers tailored support including one-to-one career coaching, employer networking events, CV and interview preparation, and access to York’s Handshake platform for internships and graduate roles.
  • Graduate Outcomes: 95% of York postgraduates are in work or further study within 15 months of graduation.
  • Salary Figures: Health economists in the UK typically start at £30,000–£35,000, with rapid progression in government, consultancy, and international organisations.
  • Industry Partnerships: Delivered in collaboration with York’s Centre for Health Economics — one of the world’s leading institutes in health policy research, with links to the NHS, WHO, and global development agencies.
  • Accreditation Value: York is a member of the Russell Group and its economics department is internationally recognised for health economics and policy impact — a long-term asset in competitive job markets.
  • Graduate Destinations: Alumni work in organisations like the UK Department of Health and Social Care, World Health Organization, NHS England, and global health consultancies.

Further Academic Progression:
Students who wish to continue their academic journey can pursue a PhD in Health Economics, Public Health Policy, or Global Development. The University of York offers doctoral research opportunities through its Department of Economics and Related Studies and the Centre for Health Economics, which hosts one of the largest health economics research communities in Europe.

Program Key Stats

£27,250 (Annual cost)
£12,500
Sept Intake : 28th Aug


Eligibility Criteria

3 or 4 Years

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Additional Information & Requirements

Career Options

  • Government departments
  • Research units
  • Universities
  • National health services
  • Health care organisations

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