General
The Graduate Diploma in Health Economics and Evaluation is designed to provide students who already possess a basic degree in economics with the skills necessary to pursue a future career as academic or policy-oriented economists, as administrators in the health sector, or as health-care evaluators. It introduces economists to the basic concepts of epidemiology and bioethics and trains participants in research methods by having them undertake a project during their placement at an approved institution.
Course objectives
On completion of the course students should:
* have the skills necessary to pursue a future career as academic or policy oriented economists, as administrators in the health sector, or as health care evaluators;
* be familiar with the major issues of health economics and the techniques of health economics and evaluation;
* have an understanding of the basic concepts of epidemiology and bioethics;
* have an ability to research, analyse and implement health related projects.
Entrance requirements
Entry requires a university degree in economics (or equivalent). Students are selected on the basis of academic achievement and relevant employment experience.
Fees
The Graduate Diploma in Health Economics and Evaluation is a fee-paying course. Fees for 1995 will be $7550. Financial support in the form of a fee-waiver may be available in some circumstances, in which case the student would be liable for the Higher Education Contribution Scheme (HECS). Requests for a fee-waiver must be made in writing to the dean and should be submitted with the application.
Fellowships
It is envisaged that a number of fellowships will be offered in 1995. Further information can be obtained from the Secretary, NCHPE, PO Box 65, Fairfield 3080.
Duration
Normally full-time over one year, or part-time over two years.
Course structure
The diploma consists of four compulsory and three elective subjects plus a three-month placement (normally during the summer semester). The placement must be conducted at an institution acceptable to the course coordinator at Monash University (for example the NCHPE, CHERE or the participant's place of work). During placement, a student is expected to complete an applied project under the direction of a supervisor. The project constitutes part of the formal assessment and must be completed by March of the year following enrolment.
Core subjects
First semester
* ECO4650 Microeconomic theory
* ECO4870 Health economics
Second semester
* Evaluation methods and epidemiology (to be held off-campus as a cross-institutional subject at Melbourne University)
* ECO4990 Economic evaluation of health services
Summer semester
* MGC5990 Health industry-based learning
Electives
Individual combinations of electives are subject to approval by the course coordinator.
Department of Econometrics
* ECM3440 Practical econometrics or ECM3410 Applied econometrics
* ECM4420 Microeconometrics
* ECM4430 Quantitative economic policy
Department of Economics
* ECO4660 Macroeconomic theory
* ECO4840 Industrial organisation
* ECO5650 Price theory
* ECO5720 Labour theory
* ECO5790 Benefit-cost analysis
* ECO5810 Public goods and public welfare
* ECO5830 Welfare economics
* ECO5870 Aspects of applied health economics
Monash Mt Eliza School of Business
* MBA6200 Hospital administration
* MBA6270 Health services law
* MBA6280 The Australian health care system
* MBA6430 Health policy and planning
The Centre for Human Bioethics
* HBM5204 Ethical issues in patient care, reproduction and genetics
* HBM5102 Questions of life and death
Progression to Master of Economics
Students are required to pass all six subjects plus the policy seminar to qualify for award of the diploma. A final average grade equivalent to honours IIB (70 marks) or better is required in order for candidates to be eligible for entry to the Master of Economics. Students wishing to proceed to the Master of Economics in economics should note that ECM2410/ECM3440 (Practical econometrics), or an equivalent subject, is a prerequisite for entry.