About this course
|Award title||Graduate Certificate in Health Economics and Economic Evaluation|
|Year & campus||2022 — Parkville|
|Fees information||Subject EFTSL, level, discipline and census date|
|Study level & type||Graduate Coursework|
|Credit points||50 credit points|
|Duration||12 months part-time|
The Graduate Certificate of Health Economics and Economic Evaluation offers students the opportunity to develop core skills and knowledge in health economics. Students will learn the fundamental principles of health economics, gain an awareness of the Australian health care system and the complexities of health care finance and resource allocation within a global context.
During the course students will take four core subjects that will provide a rigorous foundation in health economics theory and application. Two of the subjects focus on the techniques and application of economic evaluation and health technology appraisal (HTA). Through these students will learn and practice techniques in economic evaluation and develop data analysis skills using relevant software.
On successful completion of the course students will be able to evaluate health economics evidence and apply this knowledge to support policy decisions. The course supports career development within health economics and economic evaluation research, consultancy, market access, and health policy roles. The skills students learn within this course will ultimately help them improve the efficiency and fairness of health care systems and ensure health care interventions deliver value for money.
In addition, students will have the opportunity to progress to a Master of Public Health at the University of Melbourne.
This course is suitable for graduates from a range of disciplines and no prior background in economics is required.
The course is ideal for those considering a move into a career as a health economist, but also for practitioners and managers working in health care wishing to understand more about health care systems, finance and priority setting to support their work.
This course is delivered online. This will involve a mixture of synchronous sessions (real-time) and asynchronous (pre-recorded and self-paced exercises).
1. In order to be considered for entry, applicants must have completed:
- A pass-level undergraduate degree in any discipline
Meeting this requirement does not guarantee selection.
2. In ranking applications, the Selection Committee will consider:
- Prior academic performance; and
- Economics and health-related work experience, as evidenced by a CV provided by the candidate.
3. The Selection Committee may seek further information to clarify any aspect of an application in accordance with the Academic Board rules on the use of selection instruments.
4. Applicants are required to satisfy the university’s English language requirements for postgraduate courses. For those applicants seeking to meet these requirements by one of the standard tests approved by the Academic Board, performance band 6.5 is required.
Successful applicants with completion of master’s level health economics and/or economic evaluation subjects may be eligible for up to 25 points advanced standing.
Inherent requirements (core participation requirements)
Inherent requirements are the abilities, knowledge and skills needed to complete this course that must be met by all students. For information on the inherent requirements specific to this course contact the course/program coordinator. In some circumstances reasonable adjustments may be available to enable students to meet these requirements while still preserving the academic integrity of the university's learning, assessment and accreditation processes. For more information on how to seek these adjustments refer to the Student Equity and Disability Support website: https://services.unimelb.edu.au/student-equity/home
Intended learning outcomes
On completion of this course, graduates should be able to demonstrate:
- Explain the economics principles, concepts and theories underpinning health economics
- Understand and apply an advanced theoretical and practical knowledge of health care systems and the process of economic evaluation of health care interventions.
- Analyse, critically appraise and synthesise public health and health economics research evidence to inform public health and health care decision making
- Use ethical principles in their approach to research and work practices.
Application of knowledge and skills
- Independently design a plan to evaluate a health care intervention
- Independently design a plan to evaluate a health care policy or issue through knowledge of economic research methods and statistical analysis
- Critically evaluate ideas, views and evidence contained in the health economics and econometric research literatures
- Analyse and critically evaluate a health care issue or health policy from an economics perspective
- Analyse data for use in economic evaluation.
- Be able to think critically and creatively
- Be able to apply knowledge, information and research skills to solve complex problems
- Be able to examine issues from multiple perspectives
- Be able to find, evaluate and use relevant information
- Be able to distinguish between opinion and fact.
- Have knowledge of the fundamental concepts of health economics
- Be able to apply appropriate economic theory and methods to challenges of health care provision
- Be able to think critically and creatively
- Be able to apply knowledge, information and research skills to solve health and health care related problems
- Be effective written and oral communicators.
- Be engaged with contemporary local, national, global issues relating to the distribution of health care and equity of health outcomes
- Have a high regard for human rights, social inclusion, ethics and the environment
- Be able to reflect upon ethical issues relating to health care research
- Be able to work collaboratively with people from diverse linguistic and cultural backgrounds
- Have the potential to be leaders in their profession.
Integrity and self-awareness
- Be able to distinguish between judgement (normative) and fact (positive)
- Be motivated, organised and independent with an ability to set goals, manage time and prioritise
- Be aware of their own limitations and able to reflect and learn from their mistakes
- Be aware of their own biases and seek to challenge them through reason and gaining an understanding of alternative perspectives.
The Graduate Certificate in Health Economics and Economic Evaluation requires the successful completion of 50 credit points.
Students must complete POPH90094 before POPH90229, and POPH90093 before POPH90095.
Students must complete the following four compulsory subjects:
|Code||Name||Study period||Credit Points|
|POPH90094||Health Economics 1||
|POPH90093||Economic Evaluation 1||
|POPH90229||Health Economics 2||
|POPH90095||Economic Evaluation 2||
Subjects completed within this degree from the University of Melbourne may receive advanced standing (with credit) within the Master of Public Health.
This Graduate Certificate cannot be taken concurrently with the Master of Public Health. The Graduate Certificate cannot be claimed retrospectively when the relevant subjects are taken as part of a completed Master of Public Health.
Last updated: 15 November 2022