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MSc Health Economics

Comprehensive training in the theory and practice of health economics

2018/19 entry


1 year full-time

Start date

September 2018 (term dates)

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30, 31 January and 1 February

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York pioneered the study of Health Economics.

In 2007 the University received the Queen's Anniversary Prize in recognition of our outstanding work at world-class level in this field, so you'll be joining a programme with an international reputation for excellence.

The course will equip you with the experience and leading-edge skills you need for a career in research and health service decision-making. During your time at York, you'll have access to the Health Economics Resource Centre which provides a suite of rooms combining teaching materials, computing facilities and information resources.


Course content

You'll study five compulsory core components, supplemented by a wide choice of optional units, to gain a thorough grounding in the theory and practice of health economics.

Taught by world-leading experts, you will complete modules to the value of 180 credits. This includes 100 credits of taught modules - some core and some optional - and an 80 credit dissertation.


For the Masters you will need to take 100 credits of taught modules.

There are five core modules which amount to 90 of your 100 required credits:

  1. Evaluation of Health Care (20 credits)
  2. Health Economics (20 credits)
  3. Clinical Decision Analysis (10 credits)
  4. One set from these choices:
    • Econometrics 1 (10 credits) and Applied Microeconometrics (10 credits)
    • Econometrics 1 & 2 (20 credits)
    • Statistics and Econometrics (20 credits)
    • Econometric Methods for Research (20 credits)
  5. One set from these choices:
    • Advanced Microeconomics (20 credits)
    • Applied Microeconomics 1 (10 credits) and Applied Microeconomics 2 (10 credits)

In addition you can choose one 10 credit option from:

  • Advanced Macroeconomics (10 credits)
  • Applied Microeconometrics (10 credits)
  • Design and Alalysis of Mechanisms and Institutions (10 credits)
  • Evaluation of Health Policy (10 credits)
  • Experimental Economics (10 credits)
  • Health and Development (10 credits)
  • Industrial Economics (10 credits)
  • International Macroeconomics (10 credits)
  • Labour Economics (10 credits)
  • Management Decision Analysis (10 credits)
  • Public Finance (10 credits)
  • Public Sector Economics: Microeconomic Applications (10 credit)

A full list and descriptions of modules are available.

You may be able to take one or more of your optional units from the following modules in environmental economics offered by the Environment Department. You will need to ask your masters director and the Environment Department's MSc director for permission, as this is not automatic.

  • Environmental Economics
  • Environmental Valuation

Please note, modules may change to reflect the latest academic thinking and expertise of our staff.


Over the three months of summer, you'll complete a piece of independent research, guided by a supervisor. The 10,000 word dissertation is worth 80 credits and offers you the chance to examine a topic in depth and to develop your academic research skills.

Most students on the MSc in Health Economics choose to do a summer placement under the supervision of an experienced health economist. These differ from the standard dissertation as the placement supervisor suggests the research topic. A list of topics is circulated in the middle of the Spring term and you are allocated to your preferred placement before the Easter vacation.

The summer placements involve many different institutions including academic research units, the NHS and pharmaceutical companies. Most students are based in UK but in recent years placements have taken students to Australia, Bangladesh, Canada, Finland, France, Greece, the Netherlands, New Zealand, South Africa, Spain, Vietnam and the USA.

While you shouldn't try to organise your own placement, suggestions for topics and host institutions are always welcome. These should be given to your course director.

Visitors come with particular expertise and contribute to teaching us. I also value participating in workshop presentations, which stimulate research discussion and improve communication skills. Another attraction of the course is the opportunity of a summer placement at different institutions across the world.
Claire, MSc in Health Economics

Fees and funding

Annual tuition fees for 2018/19

Study modeUK/EUInternational
Full-time (1 year)£7,580£16,780

Additional costs

If you choose to do a summer placement as part of your dissertation you will expected to meet any costs, for example travel and accommodation. These costs vary depending on the length and location of your placement.

Fees information

UK/EU or international fees? The level of fee that you will be asked to pay depends on whether you're classed as a UK/EU or international student.

Funding information

Discover your funding options to help with tuition fees and living costs.

If you've successfully completed an undergraduate degree at York you could be eligible for a 10% Masters fee discount.

Home/EU students

International students

NIHR studentships

Seven studentships are available to UK and EU students on the MSc in Health Economics. The studentship will cover your tuition fees for the course, plus a maintenance grant of around £14,553.

You will automatically be considered for this studentship if you apply before 1 April 2018. We may also consider later applicants.

Living costs

You can use our living costs guide to help plan your budget. It covers accommodation costs and estimated social costs.

Teaching and assessment

You’ll work with world‐leading academics who’ll challenge you to think independently and excel in all that you do. Our approach to teaching will provide you with the knowledge, opportunities, and support you need to grow and succeed in a global workplace. Find out more about our approach to teaching and learning.

Teaching format

This Masters combines a variety of different teaching methods, including:

  • Formal lectures
  • Seminars
  • Problem-solving classes
  • Practical computer-based sessions.

A member of the teaching staff will act as your supervisor throughout the degree, to help guide your studies and monitor progress. The department also has a vibrant research community. You’ll be able to attend the seminars and research workshops in which staff and invited speakers discuss their research.

Teaching location

You'll be based in the Department of Economics and Related Studies on Campus West. Most of your teaching will take place in Alcuin College and elsewhere on Campus West.

Course location

Our beautiful green campus offers a student-friendly setting in which to live and study, within easy reach of the action in the city centre. It's easy to get around campus - everything is within walking or pedalling distance, or you can always use the fast and frequent bus service.

Assessment and feedback

Formal types of assessment in this course include:

  • Dissertation
  • Exams
  • Group project
  • Seminar presentation
  • Essays

As you study modules you’ll take part in assessments that do not contribute to your final mark, instead giving useful feedback on your progress and understanding.

National and international employers recognise York as one of the best institutions for Health Economics. Some of the best economics books are written by staff at York and it is fascinating to be taught by these experts in their field.
Claire, MSc in Health Economics

Careers and skills

This course is ideal for people who want to work in research and health service decision-making. Potential employers will value the experience you'll gain on your summer placement. The MSc is also an ideal basis for progression to a PhD.

Career opportunities

You'll gain skills which will allow you to work in a variety of organisations. Previous graduates have gone on to work in:

  • Government departments
  • Research units
  • Universities
  • National health services
  • Health care organisations
  • The pharmaceutical industry.

Transferable skills

You'll develop a range of transferable skills during the course, including:

  • Independent working
  • Time management and people skills
  • Analytical and technical research skills
  • Communicating research.

Entry requirements

Qualification Grade

You should have at least a relevant 2:1 degree in economics, or a related discipline. We also consider degrees in other subjects, including medicine, pharmacy, and nursing.

If your first degree was awarded by an institution outside the UK, see our country-specific information.

If you have a limited background in economics we offer a five-week Summer Session in microeconomics and quantitative methods.

English language

If your native language is not English, you must provide evidence of your English language ability:

  • IELTS: 6.5 with a minimum of 6.0 in each component
  • Pearson (PTE) Academic: 61 overall with a minimum of 55 in each component.

We also accept other English tests. Visit postgraduate English language requirements for further information.


You can apply and send all your documentation electronically through our online system. You don’t need to complete your application all at once: you can start it, save it and finish it later.

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Next steps

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Department of Economics and Related Studies

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