About the course
The Health Economics field explores the determination of the prices and quantities of scarce resources devoted to health, and the combinations in which those resources are employed. Health care markets display several distinctive features, including uneven and unpredictable incidence of illness, external effects, asymmetric information between consumers, insurers and health care providers, widespread payment by third party insurers, restricted market entry, monopsonistic labor markets, and nonprofit motives of suppliers. Much of the creative work in the field arises from exploring the implications of these unique characteristics. Health economics draws heavily upon econometric methods to test how these characteristics affect the determination of prices and distribution of resources. Scholarships - View all scholarships Internships
Start dates and prices
Course fees are indicative and should be used as a guide. Speak to a counsellor to get an accurate price.
Duration: 6 Semester(s)Fees: Not available
How to apply
Entry requirements for University of Minnesota - Twin Cities
A relevant master’s degree or an especially strong undergraduate record is required for admission to the Ph.D. program. Please be sure to include relevant coursework on the course history form. A grade point average of at least 3.0 (B average) for both graduate and undergraduate coursework is expected. If you are unsure whether you should apply to the master's or the PhD.
Applicants to the Ph.D. program should have completed the coursework listed above for entrance to the M.S. program. In addition, applicants should have completed:
micro and macro economic theory at the M.S. level
econometrics or mathematical statistics at the M.S. level
multivariate calculus, linear algebra and differential equations
International applicants must submit score(s) from one of the following tests:
TOEFL
Internet Based - Total Score: 79
Internet Based - Writing Score: 21
Internet Based - Reading Score: 19
IELTS
Total Score: 6.5
English language requirements
6.5
Overall IELTS band score
Book IELTS
About IELTS
Practice and prepare
TOEFL Internet based overall score: 79.0
Application deadline:
This date isn’t available – speak to an IDP counsellor to get detailed information.
Further information
Career outcomes
Reviews and rankings
World ranking
85th / 1250
THE World ranking
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