Health Economics

The Master of Health Economics at Deakin University offers a comprehensive postgraduate qualification designed to equip students with the essential skills and knowledge to analyze, evaluate, and influence health policy and management decisions. This program focuses on applying economic theories and methods to the healthcare sector, enabling graduates to contribute effectively to the sustainability and efficiency of health systems both nationally and internationally. Students will explore core topics such as health economics fundamentals, healthcare financing, economic evaluation, healthcare policy analysis, and demand and supply dynamics within health markets. The curriculum emphasizes practical application through case studies, data analysis, and policy development, fostering critical thinking and problem-solving abilities aligned with real-world challenges faced by health organizations. The program is suitable for professionals aiming to advance their careers in health policy, government agencies, non-governmental organizations, healthcare providers, and consultancy firms. Delivered through flexible learning modes, including online coursework, it allows students to balance study with professional commitments. The faculty comprises experts in health economics, public health, and policy analysis, ensuring that students receive high-quality education informed by current research and industry practice. Graduates of this program will be positioned to influence health economic decisions, improve healthcare resource allocation, and contribute to the development of equitable and sustainable health systems globally.

The award depended upon completion is recognised in the Australian Qualifications Framework at Level 8.

Entry will be determined by performance in Bachelor Degree or higher or two years relevant work experience or evidence of academic capacity faking to be equivalent. IELTS overall score of 6.5 with no individual band score less than 6 (or equivalent).

The financing studies of the Health Economics program at Deakin University encompass a range of options to support students financially throughout their academic journey. Domestic students may be eligible for government-funded support, including Commonwealth Supported Place (CSP) options, which reduce tuition fees in recognition of public investment in higher education. Additionally, international students are typically required to pay full tuition fees, with available scholarships and fee-waivers providing some financial relief. Deakin University offers various scholarships for students enrolling in health-related programs, including merit-based awards, equity scholarships, and specific grants for international students. These scholarships are competitive and aim to assist students in managing tuition costs, living expenses, study materials, and other associated fees. For domestic students, the Australian Government’s HECS-HELP scheme enables deferred payment of tuition fees, which can be repaid through the tax system once income reaches a certain threshold. International students, on the other hand, often finance their studies through personal savings, family support, or private loans. Deakin also provides flexible payment plans and options to manage tuition payments, allowing students to pay in instalments rather than upfront. Furthermore, students are encouraged to seek external funding sources, such as private scholarships, employer sponsorships, or government grants available through various agencies. Many students also supplement their income through part-time employment during their studies, taking advantage of flexible work arrangements offered by the university or in the local community. The university’s financial support services advise students on navigating their options and applying for relevant funding opportunities. Besides, for students undertaking research or advanced studies, there may be additional funding avenues through research grants or industry partnerships. Overall, the financing of the Health Economics program at Deakin University is designed to be accessible and flexible, ensuring students can pursue their academic goals with manageable financial arrangements.

The Master of Health Economics at Deakin University is a comprehensive program designed to equip students with the analytical skills and theoretical knowledge necessary to evaluate healthcare policies, manage health resources efficiently, and contribute to the development of sustainable health systems. The program covers a broad spectrum of topics including economic evaluation in healthcare, health policy analysis, health data management, and the principles of health financing. Students will learn to apply economic principles to real-world health issues, enhancing their ability to analyze the cost-effectiveness of medical interventions, health programs, and policies. The curriculum integrates theoretical coursework with practical experiences, often involving case studies and industry placements, to prepare graduates for roles in government agencies, healthcare organizations, consulting firms, and research institutes. The program emphasizes critical thinking, quantitative analysis, and evidence-based decision-making skills, aligning with Deakin’s commitment to innovative and impactful health education. Students will also have access to cutting-edge health economics research facilities and faculty members who are active contributors to the field. Deakin’s flexible delivery modes, including on-campus and online options, allow students to tailor their studies according to their professional and personal commitments. The program typically takes one to two years to complete depending on the study mode and enrolment type. Graduates of the Master of Health Economics will be well-positioned to influence health policy decisions, optimize healthcare delivery, and contribute to the economic sustainability of health systems. The program adheres to high academic standards and ensures graduates possess the necessary skills to thrive in a competitive and evolving healthcare environment. Overall, the Master of Health Economics at Deakin University is an excellent choice for those seeking to specialize in health economics and make a meaningful impact in the field of healthcare management and policy.