The Health Economics specialization is designed to equip postgraduate students with advanced knowledge and analytical skills to understand and evaluate health systems and policies at national and global levels. It integrates economic theory, quantitative methods, and interdisciplinary perspectives to address issues related to health care financing, resource allocation, regulation, and innovation. Through a structured mix of core and elective subjects, students gain both theoretical foundations and applied insights needed to analyse complex health-related economic challenges and support evidence-based policy decisions. Graduates of the Health Economics specialization are expected to develop competencies in health policy analysis, economic evaluation, and applied research. They will be able to assess health system performance, evaluate health technologies and interventions, and apply quantitative tools to practical health economics problems. The specialization prepares graduates for careers in health sector organizations, regulatory and financing institutions, development agencies, and research or academic settings, while also providing a foundation for further postgraduate and doctoral studies.

Programme Structure for the specialisation area: Health Economics  (Option A)

Course CodeCourse NameCredit ValueNotional HoursStatus
Year I –Semester I
Students are required to complete three compulsory course units and select two optional courses from the list provided in Table 2. When choosing optional course units, they must ensure that at least one course unit is selected from the recommended optional course units in Table 2  
MBE50320Advanced Microeconomics3150Compulsory
MBE50321Research Methods3150Compulsory
MBE50322Applied Econometrics3150Compulsory
 Optional Course Unit3150Optional
 Optional Course Unit3150Optional
Total No. of Credits – Semester I15
Year I –Semester II
Students must complete two compulsory course units and three optional course units from the list in Table 2. When selecting optional course units, they must ensure that at least two course units are selected from the recommended optional course units in Table 2.
MBE50323Strategic Management3150Compulsory
MBE50324Advanced Macroeconomics3150Compulsory
 Optional Course Unit3150Optional
  Optional Course Unit3150Optional
  Optional Course Unit3150Optional
Total No. of Credits – Semester II15
Year II –Semester I
MBE xxxxHealth Technology and Assessment (Economic Evaluation)3150Compulsory
MBE xxxxSeminar on health economics3150Compulsory
Total No. of Credits – Semester I6
Throughout Year II  
MBEC62431Dissertation and viva *Compulsory36024
Total No. of Credits – Semester II 24
Total Number of Credits of the Program60
*Note: The Dissertation related work will begin in Year II semester I
Table 2 List of Optional course units for Health Economics
Course CodeCourse NameCredit ValueNotional HoursStatus
Recommended Optional course units
MBE50326Development Economics 103150Optional
MBE50328Gender and Development 103150Optional
MBE50332Development Project Management 203150Optional
MBE50334Advanced Econometrics I 303150Optional
MBE xxxxHealth System and Financing03150Optional
MBExxxxEpidemiology203150Optional
Other Optional course units
MBE50335Time Series Econometrics 303150Optional
MBE50333Advanced Financial Management 203150Optional
MBE50331Legal & Regulatory Environment 203150Optional
MBE50329Information Technology and Innovations103150Optional
Notes: 1 These course units are offered in the first semester for the April intake and in the second semester for the October intake.  2 These course units are offered in the first semester for the October intake and in the second semester for the April intake.  3 These course units have a prerequisite of completion of Applied Econometrics and hence are offered only in the second semester.