MSc Economics and Health Economics

Department of Economics, Faculty of Social Sciences

Discover the powerful ideas that shape economic theory and influence real-world situations.

Our academics advise government departments and organisations such as the International Labour Organisation, the World Bank and UNESCO.

We specialise in applied economics and econometrics including labour, international finance, health, education and development.

That breadth of expertise helped us to create the SF6D utility index, used by decision makers around the world to evaluate the cost effectiveness of health care interventions.

About the course

You will develop the advanced technical and analytical skills you need for an exceptional career as an economist in the health sector or in research.

You'll be taught by experts in this specialist field. Sheffield researchers created the SF6D utility index, used by decision makers around the world to evaluate the cost effectiveness of health care interventions.

The course is run jointly with the School of Health and Related Research. Their research also influences policy and informs public debate.

There are computer practicals, lectures, seminars, surgeries and workshops. You're assessed on essays, project work and exams. The dissertation gives you the chance to conduct your own research.

Core modules

  • Microeconomic Analysis
  • Econometric Methods
  • Health Economics
  • Economic Evaluation of Health
  • Applied Microeconometrics
  • Valuing the Benefits of Health Care
  • Health Service Research Methods

Optional modules

  • Applied MacroeconometricsDevelopment Finance
  • International Money and Finance
  • Industrial Organisation
  • Monetary Economics
  • International Trade
  • Public Policy Evaluation
  • Public Economics

Teaching

  • Computer practicals
  • Lectures
  • Seminars
  • Surgeries
  • Workshops

Assessment

  • Coursework (including essays and project work)
  • Exam

The dissertation gives you the chance to conduct your own research.

Apply now

Economics graduate


Sheffield is a very welcoming city that provides many opportunities to try different things and meet new people. The staff in the Department of Economics are at the cutting edge of research and go the extra mile for their students.

Nicholas Durno, MSc Economics and Health Economics

Key facts

Course duration

1 year full-time

Entry requirements

A good 2:1 undergraduate degree in economics usually with mathematics and statistics components. We will also consider students with very good degrees in related subjects with strong economics, finance (not accounting finance), mathematics and/or statistics components.

English language requirements

Overall IELTS grade of 6.5 with a minimum of 6.0 in each component, or equivalent.

Entry requirements for international students

Fees and funding

Studentships: a limited number of National Institute for Health Research (NIHR) studentships are available for home and EU students on this course.

Financial information for postgraduate taught courses

Your career

We can help you develop all the skills you need to become a professional economist. Our graduates work for financial services and consultancy firms, government departments here and abroad, and international organisations like the Organisation for Economic Co-operation and Development (OECD).

Facilities

We provide support for Microsoft Office, Eviews, Microfit, Maple, SPSS, and support and training for STATA.

Our newly refurbished building is near to The Diamond and the Information Commons which hold an extensive collection of economics books and journals. Many of our resources are now available online.

Our research influences policy

The academics who will teach you advise major UK government departments and international organisations including the International Labour Organisation, the World Bank and UNESCO. We also advise private sector organisations.

Our main research interests are applied economics and econometrics including labour, international finance, health, education and development. The SF6D utility index for valuing health status was developed at Sheffield. This index is used by decision makers around the world to evaluate the cost effectiveness of health care interventions.

Apply now

You can apply for postgraduate study using our Postgraduate Online Application Form. It is a quick and easy process.

Postgraduate Online Application Form

Any questions?

If you'd like to know more about any aspect of our courses, contact us:

Mrs Louise Harte
T: +44 (0)114 222 3456
E: l.harte@sheffield.ac.uk