Monash University

Postgraduate - Course

Students who commenced study in 2013 should refer to this course entry for direction on the requirements; to check which units are currently available for enrolment, refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course.

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This course entry applies to students commencing this course in 2013 and should be read in conjunction with information provided in the 'Faculty information' section of this Handbook by the Faculty of Business and Economics

Managing facultyBusiness and Economics
Abbreviated titleGradDipHlthEcon
Total credit points required48
Standard duration of study (years)2 years PT
Study mode and locationOff-campus (Clayton)
Admission, fee and application details
Contact details

Centre for Health Economics

Telephone: +61 3 9905 0733


Course coordinator

Associate Professor Duncan Mortimer


  • Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.
  • This course is not available to international student visa holders.
  • Part-time study only


This course is designed for health professionals and health policy makers wishing to further their knowledge and/or extend their formal qualifications in health economics.


These course outcomes are aligned with the Australian Qualifications Framework level 8, the Bologna Cycle 1 and Monash Graduate Attributes. For more information refer to

Upon successful completion of this course it is expected that graduates will:

(a.) be critical and creative scholars who:

  • produce innovative solutions to health economics problems
  • apply research skills to health system challenges
  • communicate effectively and perceptively

(b.) be responsible and effective global citizens who:

  • engage in an internationalised world
  • exhibit cross-cultural competence
  • demonstrate ethical values

(c.) have a comprehensive understanding of their disciplines of economics and health economics and be able to provide discipline-based solutions relevant to the business, professional and public policy communities we serve

(d.) have advanced knowledge to graduate diploma level in health economics and be able to:

  • demonstrate analytical skills in economics to analyse the role of consumers, funders and providers in the health care sector
  • demonstrate technical skills in economic evaluation to promote an efficient and equitable health care system
  • examine health care institutions and the role of government from an economic perspective


The course has two main components:

  • a set of core units in health economics and policy
  • three open electives.


Students must complete:

(a.) four units (24 points) as follows:

(i.) the following three units (18 points):

  • ECX9120 Introductory microeconomic theory and policy
  • ECX9700 Introduction to health economics
  • ECX9741 Applied health economics and health policy

(ii.) one of the following units (6 points):

  • ECX9710 Pharmaceutical economics
  • ECX9730 Economic evaluation in health care

(b.) four elective units (24 points).

Recommended elective units

  • ECG9102 Introductory macroeconomic theory and policy
  • ECG9170 Issues in labour economics
  • ECX9710 Pharmaceutical economics
  • ECX9720 Introduction to epidemiology and biostatistics
  • ECX9730 Economics evaluation in health care
  • ECX9750 Principles of health economics for developing countries
  • MGX5461 Contemporary issues in globalisation
  • MGX9230 Public policy
  • MPH5040 Introductory epidemiology
  • MPH5041 Introductory biostatistics
  • MPH5042 Climate change and public health
  • MPH5200 Regression methods for epidemiology
  • MPH5202 Clinical epidemiology
  • MPH5203 Environmental influences on health
  • MPH5207 Chronic disease: Epidemiology and prevention
  • MPH5213 Research methods
  • MPH5218 Infectious diseases: Epidemiology and prevention
  • MPH5236 Clinical trails
  • MPH5237 Clinical measurement
  • MPH5239 Systematic reviews and meta-analysis
  • MPH5248 Primary health care in developing countries
  • MPH5249 Field methods for international health
  • MPH5250 Health of women and children in developing countries
  • MPH5257 Aboriginal health
  • MPH5260 Health policy and prevention in a global world
  • MPH5265 Law for health systems
  • MPH5267 Principles of health care quality
  • MPH5268 Financial issues in health care
  • MPH5269 Foundations of health policy
  • MPH5270 Advanced statistical methods for clinical research
  • MPH5272 Reform and development of health services
  • MPH5283 Ethics, good research practice and practical research methods
  • MPH5287 Alcohol and other drugs in society: A national and global perspective

Available units can be identified via the index of units by faculty at or by browsing units at

Further unit information is also available at

Students should check when units are offered and whether they are taught in block mode or off campus and ensure that they have completed any pre-requisites. Students considering further studies should undertake MPH5040 and MPH5041 instead of ECX9720.

Progression to further studies

Students who successfully complete the Graduate Diploma in Health Economics and Policy may be eligible for admission to course 3842 Master of Business Economics subject to satisfying the appropriate entry requirements. For details visit

Alternative exit(s)

Students wishing to exit the Graduate Diploma in Health Economics and Policy early may apply to graduate with 2681 Graduate Certificate in Pharmacoeconomics after successful completion of 24 points of study provided they have successfully completed the units required for that award.


Graduate Diploma in Health Economics and Policy