Health Economics MSc

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Why Surrey?

Based in a top UK Economics school, this programme draws on our longstanding expertise in Health Economics and on the applied research conducted in the Surrey Health Economics Centre.

The programme will develop your appreciation of Health Economics as a discipline and as a tool for policy and resource distribution.

Programme overview

This programme covers the techniques used in contemporary economic research, and imparts advanced knowledge of the core principles in microeconomics, quantitative methods and econometrics – and specifically how these apply to the issues confronting the health sector.

You will be taught the evaluation methods needed for health technology assessment, and the appraisal of pharmaceutical products and medical devices.

You will study health care systems, the regulatory environment, the evaluation of major public health issues, as well as key techniques in epidemiology and health services research. This programme provides you with the opportunity to undertake your dissertation through a placement with a relevant organisation.

Programme structure

This programme is studied full-time over one academic year. It consists of eight taught modules and a dissertation.

Example module listing

The following modules are indicative, reflecting the information available at the time of publication. Please note that not all modules described are compulsory and may be subject to teaching availability and/or student demand.

Educational aims of the programme

The primary aims of the programme are to:

  • Enable and encourage students to develop their capacity for learning and communication within an open, scholarly, environment
  • Develop an appreciation of economics, both as an intellectual discipline and as an important tool in analysing health, health care and health policy
  • Prepare students for a range of careers in health economics whether in industry, government or research
  • Enable better performing students completing an MSc programme to progress either to further postgraduate research or to a career as a professional health economist
  • Provide an opportunity for students to apply and demonstrate a range of skills, including the capacity for independent study, through the completion of an MSc dissertation

Programme learning outcomes

Knowledge and understanding

Students will gain:

  • An advanced understanding of the core principles in microeconomics, quantitative methods and econometrics
  • An understanding of the techniques which have been used in contemporary economic research
  • An ability to select appropriately between alternative analytical techniques and research methodologies which can be used in health economics
  • An appreciation of how microeconomic analysis can help us to understand health, health care and health policy

Intellectual / cognitive skills

Students will have obtained:

  • An ability to combine relevant theory and analytical techniques with insightful data analysis to produce convincing explanations of economic phenomena
  • The skills necessary to comprehend published economic research papers, and to integrate the implications of published research in their own studies

Professional practical skills

Students will have:

  • An ability to select appropriate techniques to evaluate health interventions and/or policies
  • The ability to formulate a plan for specific individual research which would further existing knowledge
  • The ability to communicate the results of independent research in the form of a dissertation

Key / transferable skills

Students will have earned:

  • General skills, such as literacy, numeracy, IT and computing
  • Interpersonal skills, such as communication

Global opportunities

We often give our students the opportunity to acquire international experience during their degrees by taking advantage of our exchange agreements with overseas universities.

In addition to the hugely enjoyable and satisfying experience, time spent abroad adds a distinctive element to your CV.

Learn more about opportunities that might be available for this particular programme by using our student exchanges search tool.

Related programmes

Postgraduate (Taught)

Related departments/schools

Related research areas

Programme leader

Dr Ciro Avitabile

Find out more

General enquiries:

+44 (0)1483 681 681

Admissions enquiries:


Programme facts

Type of programme:


Programme length:

  • Full-time: 12 months
  • Part-time: 24 months

Start date:

Sep 2017

Entry Requirements

Applicants should normally hold a minimum of a Bachelors degree (a good UK 2.2) in economics or an equivalent qualification. Applicants without a Bachelors degree in economics should normally hold a 2:1 or equivalent qualification. Each applicant is assessed on their own merit.

Applicants who have a joint degree in economics and a related discipline, or who have had a wide involvement in the field of their desired specialisation will be considered, as may graduates in engineering, mathematics and science.

Applicants with non-standard qualifications may be invited for interview to discuss the programme before an offer is made. Overseas applicants who cannot attend an interview may be required to send in written material upon which they may be evaluated.

View entry requirements by country

English language requirements

IELTS 6.5 overall, 6.0 in each component (or equivalent)

We offer intensive English language pre-sessional courses, designed to take you to the level of English ability and skill required for your studies here.


Study mode Start date UK/EU fees Overseas fees
Full-time Sep 2017 £9,500 £17,500
Part-time Sep 2017 £4,800 £8,800

Please note these fees are for the academic year 2017/2018 only. Annual fees will rise by four per cent (rounded up to the nearest £100) for each year of study.

A complete list of all fees for our Masters Programmes


Discounts for Surrey graduates

Thinking of continuing your education at Surrey? As an alumnus of Surrey you may be eligible for a ten per cent discount on our taught Masters programme fees. Learn more.

For more details

Admissions Information

Our Admissions Policy provides the basis for admissions practice across the University and gives a framework for how we encourage, consider applications and admit students.

Further information for applicants

Postgraduate Study Advice

Steps to Postgraduate Study is an official, independent guide for anyone considering a taught postgraduate course. The guide is produced by the Higher Education Funding Council for England (HEFCE), the Higher Education Funding Council for Wales, the Scottish Funding Council and the Department for Employment and Learning, Northern Ireland.

Find out more


Modules listed are indicative, reflecting the information available at the time of publication. Please note that not all modules described are compulsory and may be subject to teaching availability and/or student demand.

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