This program will not be offered in 2014.
This program offers students an opportunity to develop postgraduate skills in economics while specialising in the application of economics to problems in health and health care. The program is offered by the School of Economics with participation from the Australian Centre for Economic Research on Health. It is designed for economists with an interest in studying the health sector. It is designed to provide students with the analytical skills and conceptual knowledge to understand the complexities of health care systems and to analyse and evaluate health care interventions and health policies. The degree prepares students from Australia and abroad for career positions in both the private and public sectors, in international organisations like the WHO, the OECD, the World Bank and European Union, national and international associations, consultancy firms, insurance companies, sickness funds, medical technology agencies, hospitals, advisory boards, regional health authorities and other government institutions. In addition, with an appropriate choice of elective courses and subject to the relevant entry conditions, it provides students with a basis to proceed to a PhD in economics at ANU. Students who wish to go to the PhD are strongly advised to take the entire math-econ sequence ECON6015 Optimisation Techniques for Economists, ECON8013 Mathematical Techniques for Economics I, and ECON8014 Mathematical Techniques for Economics II.
There are four core courses in health economics. The foundation course ECON8039 Health Economics is a pre-requisite to the other three courses and provides an introduction to the major areas of study in health economics. Depending upon entry qualifications, one or two further core courses in microeconomics and econometrics may be required, with the remaining courses being electives chosen from an approved list of courses. Advanced courses may be selected as electives by students interested in further study at the doctoral level.
Students who successfully complete this degree will:
- have the capacity to apply economics and empirically evaluate health and health care issues;
- understand the complexities of health care systems and be capable of evaluating health care interventions and health policies;
- be capable of working as a health economist in the private and public sectors, in international organisations like the WHO, the OECD, the World Bank and European Union, national and international associations, consultancy firms, insurance companies, sickness funds, medical technology agencies, hospitals, advisory boards, regional health authorities and other government institutions
understand the issues involved in the coordination of economic policies at national and international levels;
- possess the economics training and technical skills needed to access the academic literature on health economics;
- be able to proceed to PhD in Economics subject to grades achieved;
Commonwealth Supported Places
The ANU College of Business and Economics offers a limited number of Commonwealth Supported Places (CSP) for Australian students in graduate programs. For further information, please read the general information.
1. For direct entry to the one-year Master of Health Economics program, applicants must have the equivalent of an honours degree in economics at grade 2A from an Australian university.
2. Applicants who do not have the equivalent of an honours degree in economics at grade 2A from an Australian university may be admitted to the Graduate Diploma in Applied Economics. Completion of the Graduate Diploma with an average of 70% is required to progress to the Masters program.
3. English Language - applicants who are citizens of Australia, New Zealand, USA, United Kingdom, Ireland, Canada, Singapore or South Africa can demonstrate English language capability by evidence of completion of their bachelor degree where the medium of instruction was English at a recognised, local university in their home country.
Applicants from all other countries and Australian permanent residents will usually be required to supply evidence of English language capability which meets the ANU requirements. The ANU English language requirements are:
- International English Language Testing System (IELTS) - overall score of 6.5 with no band below 6.0
- Test of English as a Foreign Language (TOEFL) - computer-based score of 230 with TWE of 4.5 OR paper-based test score of 570 with TWE of 4.5 OR internet-based Test (iBT) of 90 with a minimum of 20 in all four sections.
4. Admission is not automatic and is at the discretion of the Dean.
For more information on careers see the ANU Careers Centre link on the Useful Links Page.
Compulsory courses (36 units)
- ECON8039 Health Economics
- EMET8005 Economic Models and Introductory Econometrics or IDEC8017 Econometric Techniques
- ECON8025 Diploma Microeconomics
- And any three of:
a) Students who have completed EMET6007 Econometric Methods and EMET6008 Econometric Modelling as part of the Graduate Diploma in Applied Economics at ANU are exempt from EMET8005 and must substitute an elective.
b) Students who have completed ECON8025 Diploma Microeconomics as part of the Graduate Diploma in Applied Economics at ANU are exempt from this course in the Masters program and must substitute an elective.
c) Students entering directly into the Masters program may apply to the Course Convenor for exemption from either or both of EMET8005 and ECON8025 if they can demonstrate that they have undertaken equivalent coursework elsewhere. If approved, they must substitute electives for these courses.
Electives (12 units)
Students will not normally be permitted to count courses as electives that have been taken towards satisfying the requirements of an alternate degree program.
- ECON8002 Applied Welfare Economics
- ECON8003 Economic Policy Issues
- ECON8010 Public Economics
- ECON8011 Microeconomic Theory A
- ECON8018 Cost-Benefit Analysis
- ECON8022 Macroeconomic Theory
- ECON8034 Principles of Public Economics
- ECON8038 Industrial Organisation
- ECON8041 Labour Economics and Industrial Relations
- ECON8047 Law and Economics
- ECON8053 Strategic Thinking: An Introduction to Game Theory
- EMET8001 Applied Micro-econometrics
- EMET8014 Fundamentals of Econometric Methods
- DEMO8008 Principles of Population Analysis
- DEMO8011 Demographic Analysis II
- DEMO8079 Health Demography
- IDEC8053 Environmental Economics
- IDEC8088 Applied Economics: Cost/Benefit Analysis
- ECON8070 Political Economy of Macroeconomic Policy
- ECON8073 Applied Health Econometrics
- ECON8074 Economics of Health Insurance and Financing
- ECON8075 Economic Evaluation of Health Programs
- POPH8100 Epidemiology
a) Courses in this list are not available if previously taken.
b) Students should check that they satisfy the prerequisites of each of their Elective courses and must confirm their choice of Electives with the Program convenor.
c) Not all of these courses may be offered in any particular semester or year.
Working Rules for this program are available here
- Annual indicative fee for international students
ANU offers a wide range of scholarships to current and future students to assist with the cost of their studies. The University is committed to enabling all students, regardless of their background, to achieve their best at ANU and realise their potential.
Eligibility for ANU scholarships varies depending on the specifics of the scholarship and can be categorised by the type of student you are. Specific scholarship application process information is included in the relevant scholarship listing.
For further information see the Scholarships website.
Additional InformationThis program will not be offered in 2014.
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