Explore our Economics and Health Economics taught Master's degree.

TBC

MSc

1 year full-time

19 September 2022

Economics

University of Warwick

This MSc course explores the intersection between Economics and Health Economics.

The MSc in Economics and Health Economics is for graduates in Economics who would like to specialize in Health Economics through a postgraduate-level degree. The course is designed to link economic theory and empirical economics with the practice of health economics. Students will gain a thorough grounding in advanced core areas of microeconomics and econometrics, plus the opportunity to specialise in health economics, and engage in contemporary theoretical and empirical debates. An 8,000-word dissertation provides an opportunity to explore your own interests across these fields of study.

You will be automatically enrolled on a pre-sessional Mathematics and Statistics programme to equip you with the relevant methodological skills you need to succeed.

By the end of the course you will be able to read and understand research papers and articles in academic journals, build theoretical models, and initiate empirical research and evaluate its findings.

Skills from this degree

You will focus on developing a range of important skills, including:

• Rigorous advanced training in economic analysis and techniques, which includes opportunities to contribute to current economic research and debates
• Analytical approach to thinking about national and international economic problems, policies and decision-making
• Research skills; use of library and internet as information sources; locating, extracting, analysing, and presenting material
• Numeracy and quantitative skills; use of mathematics and diagrams, understanding data, statistical analysis
• IT skills; word processing and spreadsheets; specialist econometric or statistical software; internet applications
• Written and oral communication skills

You will have a combination of lectures, and small group support and feedback classes. You will also learn through independent study, which will include reading journals and books, completing problem sets and assessments, revising for exams and undertaking research.

In the summer term and summer vacation your independent study time will increase as you complete your research dissertation. Your dissertation work will normally be individually supervised on a one-to-one basis and we have an effective personal tutor system providing pastoral support.

Core modules are in the range of 15-175 students; optional modules vary (10-75) and classes typically average around 15-20 students.

An average of 8-10 hours of lectures and 2 hours of classes per week.

For MSc students, assessment is through formal examinations, coursework and an individually supervised research dissertation.

Feedback is a vital part of the assessment process, as it helps you to reach your full potential by identifying the strengths and weaknesses of your work and the actions needed to develop your understanding and enhance your performance.

Feedback is provided in a variety of ways, including:

• Grades and comments on marked work
• Solutions to problem sets
• Verbal feedback from tutors and peers in classes
• Advice and Feedback hours with academic staff
• Personal tutor meetings

Pre-Sessional Mathematics and Statistics

You are required to attend Introductory to Mathematics and Statistics, which will be taught in the two weeks before the University’s main term begins.

The course is designed to ensure that your maths and statistical knowledge and skills are at the standard required for you to succeed on the rest of the MSc course and it consists of both lectures and small group learning. Further information can be found at the following Economics web page.

Reading lists

Most departments have reading lists available through Warwick Library. If you would like to view reading lists for the current cohort of students you can visit our Warwick Library web page.

Your timetable

Your personalised timetable will be complete when you are registered for all modules, compulsory and optional, and you have been allocated to your lectures, seminars and other small group classes. Your compulsory modules will be registered for you and you will be able to choose your optional modules when you join us.

2:i undergraduate degree (or equivalent) specialising mainly in economics. This means you should have achieved a good standard in undergraduate courses in microeconomics, macroeconomics and econometrics/economic statistics at an intermediate level.

We also expect a good standard achieved in mathematics taken at undergraduate level.

• Band A
• IELTS overall score of 6.5, minimum component scores not below 6.0.

There are no additional entry requirements for this course.

Economic Evaluation in Health Care

This module will provide a thorough treatment of the methods and use of economic evaluation in health care by offering insight into the economic principles and foundations that underpin economic evaluation in health care, the key concepts, methods and processes involved in undertaking an economic evaluation, and the interpretation and use of economic evaluation findings to inform 'real world' policy making, within and beyond the UK.

Health Economics

The aims of this module are to provide students with an overview about the use of economic analysis in major aspects of health insurance and health care. The module examines the supply, demand, and constraints associated with health care provision. The module also considers different approaches to economic evaluation of health care and the measurement and valuation of health.

Microeconomics A or B

Microeconomics will enable students to acquire an understanding of key microeconomic principles, covering some of the most important topics, concepts and methods used in modern microeconomic analysis, along with relevant evidence and applications. Students will take a more applied version (A) or a more technical/theoretically orientated version (B).

Quantitative Methods: Econometrics A or B

Econometrics A covers fundamental econometrics research skills and Econometrics B will supplement the development of these key and fundamental professional skills by looking at more advanced topics.

Dissertation

The dissertation will allow you to develop the skills needed to carry out original research in economics and health economics.

Read more about the core modules on our Economics web pages.

• Topics in Public Finance
• Behavioural Economics
• Topics in Applied Microeconomics
• International Health Policy
• Behavioural Change: Nudging and persuasion

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