Master of Health Economics and Policy

This program is no longer offered to Future students.

The Master of Health Economics and Policy is ideal for professionals looking to progress their careers in health policy, planning and management; and who wish to make a difference to people’s health around the world. It is the only degree in Australia to offer courses in both mainstream economic theory and practice and health economics, and has a strong focus on the development of practical skills to support the application of health economics in the real-world.

The degree offers an advanced understanding of how society can manage and improve the health of populations by providing hands-on experience in solving real-world health economic issues. With a flexible teaching structure that includes online study options, modern teaching methods, and wide variety of elective courses, the degree delivers a strong foundation in economics and allows students to align their studies to their educational background or career aspirations.

Students learn in small groups with close supervision from leading researchers with international reputations. To complete the degree and to cement coursework learning, students have the option of completing an individual dissertation or a small group-based research project. The group projects involve the completion of an economic evaluation and the outputs of previous projects have been published in peer-reviewed journals.

Graduates have a high level of skill and knowledge across the fields of economics, health policy, health economics and health technology assessment, and are well prepared for rewarding careers in a range of sectors nationally and internationally.

Entry Requirements

Please note: For programs including placements and/or study-related activities in settings where COVID-19 vaccination is mandatory, it is an inherent requirement that all students be fully vaccinated prior to undertaking the placement and/or study-related activity.
For our students who are studying offshore in 2022, the University will continue to offer high-quality access to the learning resources remotely for most programs. This includes all lectures, tutorials and other support material. Students will be advised in advance if there are course components that cannot be provided in remote mode and, wherever possible, offered alternative courses.
Please refer to the COVID-19 FAQ page for further information and a list of programs where in-person attendance is required.

Choose your applicant type to view the relevant admissions information for this program.
I am a:

Domestic applicants

SATAC Code 3CM112
Deferment Yes - 2 year
Assumed Knowledge SACE Stage 2 Mathematical Methods
Selection Criteria
Graduate entry

How to Apply
SATAC Code: 3CM112

Fees and Scholarships

Choose your applicant type to view the relevant fees and scholarships information for this program.
I am a:

Domestic applicants

Indicative annual tuition fees
Australian Full-fee place: $29,500

Where the standard duration of the program is less than one year the full cost of the program is displayed.


These scholarships, as well as many others funded by industry and non-profit organisations, are available to potential and currently enrolled students.

Find a Scholarship.


Career Readiness

Health economists find employment in a wide range of sectors: University departments, Government, Pharmaceutical & Medical Device companies, Management and Research consultancies, and non-governmental organisations.

The program is ideal for professionals in mid-career health policy, planning and management roles or those who plan a career in these fields.

The University of Adelaide Careers Service prepares, inspires and empowers students to achieve successful career transitions and connect with industry.

Graduate Attributes

The objective of this program is to produce graduates with specific attributes as outlined in University of Adelaide Graduate Attributes.
  1. Deep discipline knowledge and intellectual breadth
  2. Creative and critical thinking, and problem solving
  3. Teamwork and communication skills
  4. Professionalism and leadership readiness
  5. Intercultural and ethical competency
  6. Australian Aboriginal and Torres Strait Islander cultural competency
  7. Digital capabilities
  8. Self-awareness and emotional intelligence

Potential careers

Policy Adviser, Health Economist, Medical Research, Nurse Researcher, Parliamentary Adviser, Pharmaceutical Scientist, Data Analyst, Economist, Project Manager, Public Health, Government or Corporate Policy Adviser, Health Information Manager, Information Analyst, International Aid Agency Employee, Public Health Management

Degree Structure

The program consists of coursework comprising core courses in the areas of Health Economics and Policy, Economic Methods and Public Policy Issues, and electives in the areas above or other approved courses. Students with at least a distinction average may also choose to complete a dissertation on a research project.

Students will be provided with a broad foundation in key economic principles and methods, as well as the opportunity to develop  specialised knowledge in selected areas, such as development economics, econometrics, East Asian economies, game theory, etc. In addition to two Health Economics courses, with a focus on the principles and analytic methods of health economic evaluation, and four other complementary courses selected from a wide range of methods and policy-based courses, students also complete a group-based research project that applies taught skills to a real-world problem.

Academic Program Rules

The Calendar is a comprehensive handbook of the University's academic program rules.

Areas of Specialisation

The variety of elective options available provides students with the ability to tailor their program according to their educational background and career aspirations. In addition to a generalist track, there is the option to specialise in health technology assessment.

Example Study Plan

Indicative study plan
Year1S1 PUB HLTH 7082 Health Economic Evaluation and Decision Making PUB HLTH 7074 Introduction to Biostatistics PUB HLTH 7075 Introduction to Epidemiology ECON 7220 Challenges Facing Economic Policy Makers
S2 PUB HLTH 7081 Health Economics PUB HLTH 7147 Health Technology Assessment PUB HLTH 7085 Applied Health Economic Evaluation PUB HLTH 7076 Health Policy and Public Health Interventions
Year2S1 ECON 7016 Resource and Environmental Economics PG ECON 7115 Public Economics ECON 7204 Econometrics PG


Assessment includes exams, presentations and written assignments.


This degree will flip you off your axis and reconfigure you in the best way possible.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.

Last updated: Thursday, 29 Sep 2022