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MSc Health Economics

Key facts

Start date September 2017

Duration/mode 12 months full time

UK/EU fees £7,000 (total)

International fees £16,250 (total)

Entry requirements A bachelor degree with a 2:1 (hons) in a relevant subject.

Language requirements

IELTS 6.5 overall, with no less than 6.0 in any component

This course has an optional work placement


Health economics is central to today’s healthcare sector. Trained and skilled health economists are in demand as the requirement for more advanced and expensive healthcare puts pressure on policy decisions.

Health economics plays an essential role in health technology assessments, analysis of large data sets and, more widely, in whole systems approaches to analysis of areas such as efficiency within the healthcare sector.

The Health Economics MSc introduces you to the way in which microeconomic principles and concepts can be applied to the analysis of decisions by consumers, firms and governments about health and healthcare.

The programme offers broad training in health economics. You study modules from the Health Economics unit in the Institute of Sciences, as well as from the University’s Business School and Institute of Transport Studies, giving you chance to benefit from a range of expertise.

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Course content

In the first semester, you’ll focus on general principles of microeconomics, health economics issues, and welfare economics. You’ll also study the main economic methodologies, including economic evaluation methods, econometrics, and cost-benefit analysis. The first semester will equip you with theoretical and practical skills.

The modules you study in the second semester are complementary and allow you to follow your interest.
You’ll select three optional modules from five, which focus on relevant methodologies for applied research work in economics. These include applied health econometrics, choice modelling, comparative systems methodology, cost-benefit and financial appraisal. An optional module in macroeconomics is also available in the first semester.

Your learning experience from both semesters underpins the 8,000-10,000 word dissertation you write at the end of the academic year. We encourage you to complete your dissertation as part of a summer research placement in academic research units, healthcare organisations or pharmaceutical companies.

Course structure

These are typical modules/components studied and may change from time to time. Read more in our Terms and conditions.

For more information on typical modules, read Health Economics MSc in the course catalogue

Learning and teaching

You’ll be taught by academic staff who have all worked in economics and health economics areas. You’ll learn through a mixture of lectures, practical classes, tutorials, seminars and supervised research projects.

You’ll have access to electronic copies of all teaching materials through our Virtual Learning Environment. You’ll be able to use University facilities for independent study, such as computing facilities and the Health Sciences library, with its extensive collection of online journals.


Most of the modules will be assessed through essays and demonstration of practical skills, including presentations in small groups.

You’ll submit an 8,000-10,000 word dissertation at the end of the academic year, which contributes significantly to your assessment.

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Applying, fees and funding

Entry requirements

A bachelor degree with a 2:1 (hons) in a relevant subject (eg economics, accountancy, finance, operations research, statistics or mathematics) or equivalent qualification.

International qualifications

We accept a range of international equivalent qualifications. For more information contact the Leeds Institute of Health Sciences admissions team.

English language requirements

IELTS 6.5 overall, with no less than 6.0 in any component. For other English qualifications, read English language equivalent qualifications.

International students who do not meet the English language requirements for the programme may be able to study an English for Academic Purposes pre-sessional course with a progression route to the degree programme. For information and entry requirements, read Pre-sessional programmes.


How to apply


This link takes you to information on applying for taught programmes and to the University's online application system.
If you're unsure about the application process, contact the admissions team for help.

Read about visas, immigration and other information in International students. We recommend that international students apply as early as possible to ensure that they have time to apply for their visa.


UK/EU fees: £7,000 (total)
International fees: £16,250 (total)

Read more about paying fees and charges.

For fees information for international taught postgraduate students, read Masters fees.

Scholarships and financial support

If you have the talent and drive, we want you to be able to study with us, whatever your financial circumstances. There may be help for students in the form of loans and non-repayable grants from the University and from the government.  Find out more at Masters funding overview.

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Career opportunities

Graduates with an MSc in Health Economics typically work as health economists or analysts in the private and public sectors.

Others go on to work as academics, carrying out interdisciplinary research in the UK and abroad.

There is a general shortage of health economists, both in the UK and worldwide which provides an excellent opportunity for our graduates.

Careers support

We encourage you to prepare for your career from day one. That’s one of the reasons Leeds graduates are so sought after by employers.

The Careers Centre and staff in your faculty provide a range of help and advice to help you plan your career and make well-informed decisions along the way, even after you graduate. Find out more at the Careers website.

Placement opportunities

Research placement

You’ll have the opportunity to complete the dissertation as part of a summer work placement arranged by your dissertation module leader. You’ll carry out a piece of work strengthening your skills under the supervision of professionals in academic research units, healthcare organisations or pharmaceutical companies in the UK or abroad.

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