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Master of Health Economics

Masters.
Deakin University

250

in world overall ranking*

13

in local overall ranking*
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About the course

The Master of Health Economics builds advanced capability in applying economic principles to improve healthcare decision-making. You’ll develop skills in resource allocation, economic modelling and evaluation, healthcare financing and policy analysis to support evidence-based change across health systems. The course includes research and project options with links to active health economics work. This is a master coursework degree in economics applied to health.

Career outcome

Graduates can pursue roles applying economic evaluation and policy analysis in health settings, including government departments, hospitals, insurers, consultancies, NGOs and research institutes. Career paths may include health economist, policy analyst, health technology assessment analyst, program evaluation specialist, funding and pricing adviser, or research officer supporting health system planning and reform. This is a master coursework pathway for careers in health economics. Preparing graduates for senior management, consulting, entrepreneurship, and organisational leadership roles.


Living Costs in Melbourne**


living costs restaurant icon
Restaurant
(Meal, Inexpensive Restaurant)
A$ 15 - 20
living costs house icon
Rent per Month
(1 bedroom in City Centre)
A$ 1,583 - 2,094
living costs house icon
Rent per Month
(1 bedroom Outside of Centre)
A$ 1,207 - 1,596
living costs transportation icon
Transportation
(Daily)
A$ 7 - 9
living costs utilities icon
Utilities per Month
(Electricity, Mobile & Internet)
A$ 240 - 318

Average Salary***


Salary Chart
*Source: QS World University Subjects Rankings (2026)
**Source: numbeo.com
***Source: PayScale.com (2026)

Costs

tick icon International:

A$30,600 per year

Contact us for more details

Information

tick icon Duration

2 years

tick icon Upcoming Intakes

Trimester 1, Trimester 2, Trimester 3

campus icon Campuses

Online
Burwood (Melbourne)

tick icon Course Code

H704

hotline icon Hotline

+61 3 9663 5333

email icon Email

australia@augstudy.com

Scholarships

tick iconDEAKIN INTERANTIONAL SCHOLARSHIP

25% of tuition fees

tick iconDEAKIN ALUMNI POSTGRADUATE BURSARY

15% of reduction per unit

tick iconDEAKIN WARRNAMBOOL RESIDENTIAL INTERNATIONAL SCHOLARSHIPS

Up to 50% of accommodation fees

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