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Master of  Health Economics

Program code: 5418

Delivery location

St Lucia


1.5 Years full-time (or part-time equivalent)


Semester 1 (25 Feb, 2019)
Semester 2 (22 Jul, 2019)

The Master of Health Economics teaches students how to use the tools of economic analysis to better understand the allocation of healthcare resources so that medical services can be more effectively and efficiently distributed.

  • This 18-month Master of Health Economics is designed for applicants with a relevant bachelor's degree or a Graduate Certificate in Economics from UQ – see Program Details for more information about admission requirements.
  • Receive advanced training from the Schools of Economics and Public Health in microeconomics, macroeconomics, econometrics, epidemiology, and the role of economics and economists in health policy and healthcare.
  • Benefit from a program that emphasises understanding and practical application as the key approaches to addressing the complex challenges surrounding health economics.
  • Learn from some of Australia's leading academics and internationally respected experts from two of the best schools in Australia for economics and health research.

As a health economist, you'll not only join a profession that is in demand around the world, but also ensure the long-term sustainability of our healthcare system and the resources used to support it.

  • Fast Facts

    Global standing

    The School of Economics and School of Public Health are two of the largest and most prestigious departments in Australia. Their academic faculties – Business, Economics and Law, and Medicine and Biomedical Sciences – were ranked 31st and 30th in the world respectively in the 2018 QS World University Rankings by Subject.

  • Why study

    Flexible study framework

    Enjoy the flexibility of a program that balances compulsory pre-requisites in your first two semesters with elective study areas in your final semester. You can choose from study areas including health financing, advanced mathematical techniques, public economics, health systems, and cost effectiveness in health and medicine.

  • Professional experience

    Work closely with experts

    The School of Economics and the School of Public Health are associated with a number of respected research centres, including the Energy Economics and Management Group and the Macroeconomics Research Group. Our teaching, and your learning, are enhanced by highly regarded research.

  • Alumni
    “After studying and working in nutrition and dietetics, I realised that I was most passionate about analysing and influencing the broader issues of how healthcare resources are utilised and implemented. The Master of Health Economics has complemented my public health knowledge... [and] I also liked that I could tailor the program to my desired career path. For me, having a health background meant more economics courses to extend my skills." Kate Moynihan, MHEcon (2015)
    Planning Officer, Queensland Health

Career outcomes

Our Master of Health Economics graduates have enjoyed careers in national and international health agencies; pharmaceutical and health technology companies; health departments; private health facilities; health insurance companies; and government and development agencies.

Internationally, our graduates have secured jobs with organisations and institutions including:

  • The World Health Organisation
  • The World Bank
  • The United Nations.

Our graduates with previous careers in health have used their new qualifications to move into administration, or senior advisory roles.

Other graduates have furthered their research ambitions and enrolled in a Master of Philosophy or PhD program, where they developed their research skills and made significant contributions to knowledge.

  • Employability

    Build a career

    In your final year you'll have the option of writing a thesis on an original topic. This will not only further your expertise and skills in critical thinking, writing, project management and problem-solving, but also potentially open doors to a future career in research within industry or academia.

  • Professional experience

    Link up with industry and the profession

    The Faculty of Business, Economics and Law's award-winning Student Employability Team (SET) helps students develop their careers with a range of professional opportunities. These include internships, mentoring programs, inspirational guest speakers and career planning advice.


  • Program code
  • Faculty
  • Duration
    1.5 Years full-time (or part-time equivalent)
  • Commencing
    Semester 1 (25 Feb, 2019)
    Semester 2 (22 Jul, 2019)
  • Program level
    Postgraduate Coursework
  • Units
  • Delivery location
    St Lucia
  • AQF
    Level 9

Admissions criteria


An approved Bachelor degree with a GPA of at least 4.50 on a 7 point scale. An approved degree is a Bachelor degree in the discipline of economics, business or commerce; or a Bachelor degree containing at least four courses in any three of the following areas: microeconomics, macroeconomics, statistics and mathematics; or the graduate certificate in economics from this university with a GPA of 4.5.

Learn more about the admissions process

Program structure


The courses offered in the Master of Health Economics are set out in the course list. Each course is allocated a certain number of units (#).

Courses Program Rules

The Program Rules explain what is required to complete the Master of Health Economics. These requirements include the total number of units you need to complete in order to graduate.

Program Rules

To have your degree conferred, you also need to comply with UQ’s policies and rules.

Early exit points

Depending on your choice of courses, it might be possible to withdraw from the Master of Health Economics at an early exit point and graduate with one of the following awards:

Professional memberships

Graduates may be eligible for membership with the following professional bodies:

  • Australian Health Economics Society
  • Economic Society of Australia
  • International Health Economics Association

Further study options

Graduates of the Master of Health Economics have the opportunity to progress into the following programs:

Programs and Courses

If you're a current student who has already commenced study at UQ, please see Programs and Courses for full information about your program structure, rules and requirements.

Government assistance


Domestic students who are accepted into the Master of Health Economics pay tuition fees.

FEE-HELP is an Australian Government loan scheme to assist eligible students with the cost of their tuition fees.

Find out more about FEE-HELP.

Centrelink Support

The Australian Government offers a number of income-support payments to eligible Australian university students. For more information, visit the Centrelink website.

Indicative annual fee

AUD $31,330
Indicative fee 2019

An indicative annual fee is the average cost of enrolling in the Master of Health Economics at 2019 fee rates. It is calculated based on a standard full-time study load.

A standard full-time study load is 16 units per academic year. The average fee would be less for part-time study. Actual fees will vary according to your choice of courses, their unit value and the time you take to complete this program.

Fees may be higher in later years as all fees are reviewed annually.

Visit Student contributions and tuition fees for more information.


The University offers more than 200 scholarships for prospective students and more than 350 scholarships and prizes for current students.

Scholarships cover the full range of academic disciplines and are open to domestic students and international students.

Many scholarships have specific eligibility criteria. More information, including information about how to apply, is available on the Scholarships website.

Applying online

Apply now

All domestic student applications for the Master of Health Economics can be lodged directly to UQ using our online application form.

The program code for the Master of Health Economics is 5418. You'll need this when applying.

Find out more about applying for postgraduate coursework study.

Apply now

Important dates

There are a number of dates and deadlines you need to meet when applying for postgraduate study.

The closing date for the Master of Health Economics is:

  • To commence study in semester 1 - January 31 of the year of commencement.
  • To commence study in semester 2 - June 30 of the year of commencement.

A full list of dates relevant to UQ students is available on the Student Matters Calendar.

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