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Health Economics and Decision Modelling MSc / PG Certificate / PG Diploma

Health Economics and Decision Modelling MSc / PG Certificate / PG Diploma

Different course options

Full time | University of Sheffield | 1 year | SEP-25

Study mode

Full time

Duration

1 year

Start date

SEP-25

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Health Economics Health Studies

Course type

Taught

Course Summary

Course description

This course is about evaluating the efficiency, cost-effectiveness and clinical outcomes of healthcare resources – from new drugs and public health initiatives to diagnostic tools and screening programmes. It is designed to equip students with the practical tools to inform healthcare policy and decision-making and help people live healthier lives.

You can study economics concepts that are key to understanding the healthcare sector, and explore the process of conducting economic evaluations, modelling the cost-effectiveness of healthcare interventions, and carrying out health technology assessments. The course also covers medical statistics and evidence synthesis in the context of clinical trials, and how mathematical modelling and simulations inform healthcare decision making.

There is also training in research methods and, if you do the MSc programme, a three-month research project based on the models and healthcare problems you’ve studied. This gives you the opportunity to lead your own study in an external organisation, such as an academic unit, the NHS or in industry.

Modules

This module introduces the basic principles of economic evaluation as applied to healthcare interventions. The course introduces the concept of economic evaluation, the different types that are available and the various stages and techniques that need to be applied to generate results. Current practice guidelines will be described so that students can understand the current policy context of the methods. Also, as alternative techniques are described, their strengths and weaknesses will be highlighted, with the students being encouraged to critically appraise their appropriateness to different contexts.

Tuition fees

UK fees
Course fees for UK students

For this course (per year)

£11,580

International fees
Course fees for EU and international students

For this course (per year)

£27,650

Entry requirements

You need at least a 2:1 undergraduate honours degree in a numerate subject, such as economics, operational research, mathematics, statistics, pharmacy or industrial engineering, management science, physics, or pharmacy or systems control.