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Mental Health Economics PGDip

Different course options

Full time | Mile End | 1 year | 18-SEP-23

Study mode

Full time


1 year

Start date


Key information

Qualification type

Postgraduate Diploma

Subject areas

People With Mental Health Problems: Social Work Health Economics

Course type


Course Summary

Mental Health Economics PGDip

  • Understand what defines mental health economics as an active and distinct subfield of health economics and the main principles and best practices for mental health policy appraisals.
  • Gain a critical understanding of the core issues in mental health and health economics and of the key policy approaches available to tackle mental health problems.
  • Understand and discuss the core features of mental health service delivery with a specific emphasis on psychological medicine for the treatment of mental disorders.
  • Apply economic theoretical concepts to mental health and analyze and evaluate alternative economic policies to tackle mental health issues.
  • Apply the learned practices in projects, briefings, policy proposals, experiments or interventions of their own (e.g., in their dissertation or future employment).
  • Be able to link theory and practice in the development of professional and reflective skills relevant to mental health
  • Understand different approaches to health economic analysis, evaluating and critiquing the advantages, disadvantages and challenges of different evaluation designs.

Career paths

Our dedicated careers team offers students one-on-one appointments, support with job applications, practice interviews, information about internship opportunities, and employability events.

Graduates from the programme will all have a strong grasp of the economic drivers of mental health commissioning and policy, as well as the mechanics of delivery of mental health care, including psychological therapies and psycho­pharmacological interventions.

Those who select the Mental health with Health Economics pathway, likely those with some existing experience in the healthcare sector, will also understand the concepts involved in health economic analysis, including cost benefit and cost consequences analysis. They will be well-equipped to enhance an existing healthcare career or to begin working as a health economist with a specialisation in mental health.


This module provides an introduction to the key theoretical economic aspects of mental health (e.g. adverse selection and moral hazard, non-contractable provider actions, externalities), as well as to the key policy aspects of service delivery (e.g. risk adjustment policies, behavioral health carve-outs). Special attention will also be given to the institutional contexts within which mental health and substance abuse care is provided (e.g who is treated for mental illness and who pays for mental health care).

Tuition fees

UK fees
Course fees for UK students

For this course (per year)


International fees
Course fees for EU and international students

For this course (per year)


Entry requirements

A 2:1 or above at undergraduate level in Economics, Psychology or a health-related discipline.