MSc Health Economics (3 yr)

Key details

MSC HEALTH ECONOMICS (3 YR)

Start Year

2021

Attendance

Part Time

Award

Degree of Master of Science

Duration (years)

Why study

Most taught modules will feature a combination of assessment methods, including examinations, course tests and written assignments.

Our course will help you understand the ways in which economic ideas and principles are relevant to, and applied in, health and healthcare. It will also enable you to gain practical experience in the application of health economics techniques.

If you’re a graduate economist, or you have a degree from another relevant disciplinary background such as the health arena or one of the quantitative social sciences, and have a keen interest in health economics, this course is for you. Through it you will also gain an appreciation of the links between economic evaluation and economic theory, as well as those between health service research and decision making.

During your time with us you will develop your analytical skills in quantitative research methods and critical appraisal. You’ll hone your ability to apply research results to practice, and to health service decision-making. You’ll also acquire practical skills in the economic analysis of health problems; for example, putting a price on the impact of Type Two Diabetes on a given NHS Trust.

You’ll be taught within a research-active health economics group. Which means you’ll have direct access to the most up-to-date statistics and thinking, and to people with real-world health economics research experience. You’ll also have the opportunity to expand upon an area of active research that interests you most, as you work on your dissertation within this stimulating academic environment.

About

How can we increase effectiveness and efficiency? What is the monetary impact of smoking on the healthcare system? What value should we place on this drug or procedure? In an era of diminished budgets and ageing populations, health economists are in more demand than ever.

Study Health Economics at UEA and you’ll learn to make decisions that really count. You will be based in the Norwich Medical School, where you’ll not only develop an understanding of economic concepts related to health, public health, and health services policy, you’ll be part of a school at the forefront of research. You’ll train with a wide range of healthcare students, taught by leading academics, and you’ll be connected to a well-respected group of researchers who advise on international and national policies that affect people’s health, worldwide.

You’ll graduate ready to tackle some of the biggest questions in the provision of care for national government, the NHS, the private sector or research organisation.

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Important Information

Whilst the University will make every effort to offer the courses listed, changes may sometimes be made arising from the regular review of course programmes. Where this activity leads to significant (but not minor) changes to programmes, there will normally be prior consultation of students and others. Changes may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will inform students.

Assessment for Year 1

Most taught modules will feature a combination of assessment methods, including examinations, course tests and written assignments.

Structure

Your two or three year, part-time MSc Health Economics can also be completed in one year, full-time. During this time you’ll complete three compulsory modules, and three chosen from defined selections, so you can tailor your learning to your interests to a certain degree.

The three compulsory core modules are Introduction to Research Methods, Health Economics, and Economic Evaluation in Health and Healthcare. In addition, you’ll be required to select one quantitative methods module from Econometric Methods and Further Quantitative Methods, or – if you have a BA of 2:1 or above in economics – you can choose Economic Theory.

You will then need to choose a further two modules from options that might include Economic Concepts, Systematic Reviews and Synthesis, Economic Theory (if you have at least a 2:1 in economics), and Health and Development. (Options may vary and may depend on the numbers wishing to take them).

In addition to the taught modules you’ll research and write your sixty-credit Master’s dissertation on a health economics topic of your own choosing. You could decide to work on a systematic review and synthesis of previous research, to undertake your own original data analysis, or to work on a combination of the two. Whatever route you go down, you’ll be assigned a supervisor to guide you throughout.

Teaching and Learning

Teaching

You’ll be taught through a combination of lectures, student-led seminars and computer practicals. The exact arrangements will vary from module to module, but each will include around 30-35 contact hours.

A high degree of student participation is required for this course, so you will be expected to fully prepare for all student-led sessions and seminars.

Independent study

For each taught module you will spend around 200 hours in private study, preparing for lectures, seminars and assessment. This is your opportunity to read widely, broadening your knowledge and understanding of the subject.

Your research dissertation will occupy you for the equivalent of about three months full-time, during which you’ll work independently under the guidance of your supervisor. You’ll need to read widely and undertake analysis, exploiting the skills and knowledge you’ve acquired through our taught modules.

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Assessment for Year 2

Most taught modules will feature a combination of assessment methods, including examinations, course tests and written assignments.

Structure

Teaching and Learning

Teaching

A high degree of student participation is required for this course, so you will be expected to fully prepare for all student-led sessions and seminars.

Independent study

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Assessment for Year 3

Most taught modules will feature a combination of assessment methods, including examinations, course tests and written assignments.

Structure

Teaching and Learning

Teaching

A high degree of student participation is required for this course, so you will be expected to fully prepare for all student-led sessions and seminars.

Independent study

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MSC - THREE YEARS PART TIME. year 1 will normally consist of the three core modules (MED-7021D, MED-7006D AND MED-7008E). MED-7008E can be deferred until year 2. MED-7021D can be taken en-bloc in January / February in year one. In the second year students will complete remaining modules - one from Option Range A and two from Option Range B. Students will take their dissertation in the third year.

Assessment for Year 1

Most taught modules will feature a combination of assessment methods, including examinations, course tests and written assignments.

Compulsory Modules

HEALTH ECONOMICS

Code MED-7006D

Credits 20

This module aims to equip you with an understanding of health economics, its value and limitations. It is suitable for students with and without an economics background as the course covers fundamental economic principles and their application to health care. These will include concepts of opportunity cost, supply and demand, efficiency and equity. The module uses these principles to explore relevant topics in health and healthcare. The following topics are covered: * The application of economic principles to system level health policy issues such as health care priority setting. * Alternative models of health care financing and organisation. * Inequity and inequalities in health and healthcare. * The use of economic evaluation of health care interventions using techniques such as cost effectiveness analysis and cost benefit analysis. * the determinants and consequences of health, and the economics of health behaviour.

ECONOMIC EVALUATION IN HEALTH CARE

Code MED-7008E

Credits 20

On this module you will understand and critically appraise the economic studies of health care interventions; understand the range of evaluation techniques and appropriate circumstances for application; and appreciate the links between economic evaluation and economic theory, health service research and decision making and to have confidence to conduct further economic evaluation studies.

INTRODUCTION TO RESEARCH METHODS

Code MED-7022D

Credits 20

The purpose of this module is to provide students with a broad introduction to the methods used in Health Science Research. . The skills to be developed include being able to 1: recognise basic quantitative and qualitative research designs 2: recognise different data collection techniques 3: acquire a basic understanding of both statistical analysis and qualitative analysis; 4: critically appraise of the research literature. ONLY AVAILABLE TO STUDENTS TAKING THE HEALTH ECONOMICS PROGRAMME

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Important Information

Whilst the University will make every effort to offer the modules listed, changes may sometimes be made arising from the annual monitoring, review and update of modules. Where this activity leads to significant (but not minor) changes to programmes and their constituent modules, the University will endeavour to consult with students and others. It is also possible that the University may not be able to offer a module for reasons outside of its control, such as the illness of a member of staff. In some cases optional modules can have limited places available and so you may be asked to make additional module choices in the event you do not gain a place on your first choice. Where this is the case, the University will inform students.

MSC - THREE YEARS PART TIME. Year 1 will consist of the three core modules, noting that MED-7021D can be taken en-bloc in January/February each year. In their second year students will complete three 20 credit modules - one from Options Range A and two from Options Range B. Students will take their dissertation in the third year.

Assessment for Year 2

Most taught modules will feature a combination of assessment methods, including examinations, course tests and written assignments.

Compulsory Modules

Optional A Modules

(20 credits)

ECONOMETRIC METHODS

Code ECO-7000A

Credits 20

This is a module of two halves. The first half introduces some basic econometric techniques, and the problems which arise in their use. The second half applies the skills acquired in the first half to particular problems in economics such as exchange rate models and the analysis of discrete choices by individuals. An emphasis is placed on the practical side of the subject. With the aid of the specialist econometric computer software STATA, theoretical models are estimated and tested using real data

ECONOMETRIC THEORY

Code ECO-7002A

Credits 20

This module focuses on various theoretical aspects within the linear regression framework using matrix algebra, complemented by simulations and applications to provide more intuition. A specialist econometrics software is used throughout, allowing a better understanding of the theoretical material using real world data and simulations. After a review of fundamental concepts in Econometrics, the module progresses to a detailed discussion of the multiple linear regression model (MLR), focusing on the theory of estimation, inference, and other important issues, such as, model misspecification and models that involve nonlinearities. The properties of the OLS estimator are discussed in detail, and simulated examples show all the adverse consequences on these properties if certain assumptions in the data or the population do not hold. Real world applications are considered, discussing whether these assumption hold in reality. For example, the presence and consequences of having non-spherical errors is discussed, focusing on the problem of heteroscedasticity. Moreover, special attention is paid on the problem of endogeneity, while the instrumental variable approach is presented as the main strategy to deal with it.

FURTHER QUANTITATIVE RESEARCH METHODS

Code MED-7013E

Credits 20

This course builds on the quantitative methods covered in Introduction to Research Methods. It will add depth to the basic knowledge already acquired in that module on measurement, survey instruments, study designs and statistics. Students will also take part in practical sessions where they will apply the statistical knowledge gained to describe and analyse datasets.

Optional B Modules

(40 credits)

WELFARE AND EVALUATION IN DEVELOPMENT

Code DEV-7038A

Credits 20

This module provides you with an introduction to the theory and practice of impact evaluation. The focus will be on issues around evidence-based policy making, approaches to wellbeing, and their practical application in terms of evaluating the effect of development interventions on the quality of people’s lives. The first part discusses the notion of evidence-based policy, introduces the students to the area of evaluation and reviews the role of programme theory in evaluation. The second part addresses the theory of welfare, with particular reference to poverty, inequality, and multi-dimensional ill-being as well as cost effectiveness. The third part considers policy and evaluation in practice looking at a range of sectors and contexts.

APPLIED ECONOMETRICS

Code ECO-7001B

Credits 20

This module builds on the material covered in the Autumn Semester modules Financial Econometrics, Econometric Methods, and Econometric Theory. The approach is more advanced than Financial Econometrics and Econometric Methods, and more applied than Econometric Theory. Many students find the material useful when they embark on empirical dissertations in the summer. Broadly, the module is divided into two halves: time series methods (including ARIMA modelling, stationarity testing, ARCH and GARCH models, VAR models and Granger causality testing, cointegration); cross section and panel data methods, models for treatment effects, and models for binary and ordinal outcomes.

ECONOMIC THEORY I

Code ECO-7003A

Credits 20

This is an advanced module in microeconomic theory, designed for postgraduate students with a strong background in economics. The topics covered in this module include the duality approach to demand theory, firm theory, general equilibrium theory, game theory, choice under uncertainty, agency theory and the economics of asymmetric information. The rational-choice foundations of microeconomics are also critically examined.

ECONOMIC CONCEPTS

Code ECO-7011A

Credits 20

Introducing micro and macro economic analysis, this module will familiarise you with a wide range of economic tools which can be applied to issues relating to your Applied Training Programme. It covers, in particular, consumer and producer choice, market equilibrium, market structure, externalities and public goods, the macroeconomics of inflation, unemployment and growth and macroeconomic policy.

FURTHER QUANTITATIVE RESEARCH METHODS

Code MED-7013E

Credits 20

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Important Information

Entry Requirements

Degree classification

Bachelors degree - 2.2 or equivalent

Degree subject

Economics or related Social Science, Medicine, Pharmacy or other Health Care profession, with substantial quantitative (e.g. Maths / Statistics / Econometrics / Epidemiology) components

Additional entry requirements

Applicants should normally have a good Bachelors degree from a recognised higher education institution. The University will also take into account the employment experience of applicants where relevant.

You may be required to attend a pre-sessional course in mathematics and statistics run by the School of Economics prior to the start of your course. It runs for two weeks preceding the start of the Masters course in September. This course covers mathematical techniques for Economists, statistics and data analysis using statistical software. There is a separate fee for this course which, for entry in September 2020, is £215.

Students for whom english is a foreign language

We welcome applications from students whose first language is not English. To ensure such students benefit from postgraduate study, we require evidence of proficiency in English. Our usual entry requirements are as follows:

IELTS: 6.0 (minimum 5.5 in only two components with 6.0 in the others)
PTE (Pearson): 52 (minimum 42 in only two components with 6.0 in the others)

Test dates should be within two years of the course start date.

Other tests, including Cambridge English exams and the Trinity Integrated Skills in English are also accepted by the university. The full list of accepted tests can be found here: Accepted English Language Tests

INTO University of East Anglia

If you do not meet the academic requirements for this course, you may be able to study one of the International Graduate Diploma programmes offered by our partner INTO UEA. These programmes guarantee progression to selected masters degrees if students achieve the appropriate grade. For more details please click here:

International Graduate Diploma in International Development

INTO UEA also run pre-sessional courses which can be taken prior to the start of your course. For further information and to see if you qualify please contact intopre-sessional@uea.ac.uk

Intakes

This course is open to UK, EU and International applicants. The annual intake for this course is in September each year.

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Course Reference Number: 1544661

MSc HEALTH ECONOMICS (3 YR)