The LICQual Level 7 Postgraduate Diploma in Health Economics is an advanced professional qualification designed to develop high-level expertise in healthcare economics, policy analysis, and strategic decision-making. This Level 7 postgraduate diploma provides learner with a comprehensive understanding of how economic principles are applied within healthcare systems to improve efficiency, sustainability, and health outcomes.
The course focuses on advanced health economics concepts, including healthcare cost analysis, economic evaluation, resource allocation, and healthcare financing. Learner will explore how economic evidence supports healthcare policy development, service planning, and decision-making at organizational and system levels. By integrating theoretical frameworks with real-world healthcare scenarios, the diploma strengthens the ability to assess cost-effectiveness, evaluate health interventions, and support evidence-based healthcare strategies.
Key areas of study include health policy economics, healthcare decision-making, economic sustainability, and performance evaluation within healthcare systems. Learner gain insight into how economic models are used to analyze healthcare programs, optimize limited resources, and balance quality of care with financial constraints. The program emphasizes analytical thinking and practical application, ensuring that economic data can be translated into meaningful and ethical healthcare decisions.
Course Overview
Qualification Title
LICQual Level 7 Postgraduate Diploma in Health Economics
Total Units
6
Total Credits
120
GLH
600
Qualification #
LICQ2200802
Qualification Specification
To enroll in the LICQual Level 7 Postgraduate Diploma in Health Economics, applicants must meet the following criteria:
|
Qualification# |
Unit Title |
Credits |
GLH |
|---|---|---|---|
|
LICQ2200802-1 |
Advanced Health Economics Theory |
20 |
100 |
|
LICQ2200802-2 |
Health Policy and System Analysis |
20 |
100 |
|
LICQ2200802-3 |
Cost-Effectiveness and Economic Evaluation |
20 |
100 |
|
LICQ2200802-4 |
Quantitative Methods and Data Analysis in Health Economics |
20 |
100 |
|
LICQ2200802-5 |
Innovation, Resource Allocation, and Decision-Making |
20 |
100 |
|
LICQ2200802-6 |
Dissertation / Applied Health Economics Project |
20 |
100 |
By the end of this course, learners will be able to:
Unit 1: Advanced Health Economics Theory
- Critically evaluate advanced economic theories and models applied to healthcare systems
- Analyse the impact of economic principles on healthcare financing, resource allocation, and service delivery
- Apply theoretical frameworks to assess efficiency and sustainability in healthcare organisations
- Assess the role of health economics in informing policy and strategic decisions
- Develop evidence-based recommendations to improve healthcare system performance
Unit 2: Health Policy and System Analysis
- Critically analyse healthcare systems and their organisational structures
- Evaluate healthcare policies and their impact on service delivery and population health
- Apply policy analysis frameworks to identify gaps and opportunities for improvement
- Assess the effectiveness of healthcare reforms and interventions
- Develop strategic recommendations for policy implementation and evaluation
Unit 3: Cost-Effectiveness and Economic Evaluation
- Critically evaluate cost-benefit, cost-effectiveness, and cost-utility analyses in healthcare
- Apply economic evaluation methods to assess healthcare interventions and programmes
- Analyse the financial and clinical impact of health services using quantitative and qualitative data
- Develop recommendations for resource allocation based on economic evaluation
- Interpret and communicate evaluation results to support evidence-based decision-making
Unit 4: Quantitative Methods and Data Analysis in Health Economics
- Apply advanced statistical and econometric techniques to healthcare data analysis
- Critically evaluate quantitative research methods in health economics
- Analyse large datasets to inform policy and management decisions
- Develop models to forecast healthcare costs, outcomes, and resource utilisation
- Communicate findings effectively to academic and professional audiences
Unit 5: Innovation, Resource Allocation, and Decision-Making
- Critically assess models of resource allocation and strategic decision-making in healthcare
- Apply innovative approaches to improve efficiency and effectiveness in healthcare delivery
- Analyse trade-offs and prioritisation in health economic decision-making
- Develop evidence-based strategies to optimise resource use and health outcomes
- Evaluate organisational and system-level challenges in implementing innovations
Unit 6: Dissertation / Applied Health Economics Project
- Independently design and conduct a substantial research or applied project in health economics
- Demonstrate advanced skills in research design, methodology, and ethical analysis
- Integrate theory, evidence, and practice to address complex healthcare challenges
- Produce a well-structured dissertation or project report demonstrating originality and professional relevance
- Communicate research findings and recommendations effectively to influence policy and practice
The LICQual Level 7 Postgraduate Diploma in Health Economics is designed for experienced professionals seeking to enhance their analytical, strategic, and policy-driven skills in healthcare. This course is ideal for:
- Healthcare Economists and Analysts aiming to advance expertise in health economic evaluation and policy impact assessment.
- Senior Healthcare Managers and Administrators seeking to improve efficiency, resource allocation, and strategic decision-making within healthcare organisations.
- Policy Makers and Advisors looking to develop advanced skills in healthcare policy analysis and economic modelling.
- Public Health Professionals wanting to integrate economic evaluation and evidence-based decision-making into public health strategies.
- Researchers and Academics in Health Economics aspiring to strengthen research, data analysis, and project management capabilities.
- Medical Practitioners, Nurses, and Allied Health Professionals wishing to gain economic and strategic insights to support operational and policy decisions.
- Professionals committed to Continuing Professional Development (CPD) who wish to enhance career prospects and assume senior leadership roles.
- Individuals working in government agencies, consultancy, or international health organisations seeking to influence healthcare policy and improve population health outcomes.
Completing this programme equips learners with the expertise to analyse, evaluate, and implement economic strategies, make evidence-based decisions, and contribute effectively to healthcare policy, resource management, and system efficiency.
To ensure high-quality delivery and learner success, centres offering the LICQual Level 7 Postgraduate Diploma in Health Economics must meet the following requirements:
- Qualified and Experienced Staff: Tutors and assessors must hold relevant postgraduate or professional qualifications in health economics, healthcare management, public health, or related disciplines, and have practical experience in healthcare policy, economic evaluation, or research.
- Comprehensive Learning Resources: Centres must provide learners with access to current textbooks, research journals, databases, and digital tools to support engagement with advanced health economics concepts and evidence-based decision-making.
- Suitable Learning Environment: Classrooms, seminar rooms, and online platforms should facilitate interactive teaching, workshops, group discussions, and research-based learning, creating a professional and supportive environment.
- Robust Assessment and Feedback Systems: Centres must implement structured formative and summative assessments to monitor learner progress, provide timely and constructive feedback, and support development of analytical and research skills.
- Support for Continuing Professional Development (CPD): Centres should guide learners in CPD activities, career development, and practical application of health economics skills in professional settings.
- Access to Technology and Digital Platforms: Learners should have reliable access to e-learning platforms, statistical and modelling software, research databases, and digital communication tools to support coursework, data analysis, and independent projects.
- Quality Assurance Processes: Centres must maintain strong internal quality assurance procedures to ensure teaching, learning, and assessment meet LICQual standards and international best practices.
By adhering to these requirements, centres can deliver a professional, engaging, and effective learning experience, preparing learners for senior roles in health economics and healthcare management and enabling them to make strategic, evidence-based decisions that improve organisational and system-level outcomes.
Assessment and Verification
All units within this qualification are subject to internal assessment by the approved centre and external verification by LICQual. The qualification follows a criterion-referenced assessment approach, ensuring that learners meet all specified learning outcomes.
To achieve a ‘Pass’ in any unit, learners must provide valid, sufficient, and authentic evidence demonstrating their attainment of all learning outcomes and compliance with the prescribed assessment criteria. The Assessor is responsible for evaluating the evidence and determining whether the learner has successfully met the required standards.
Assessors must maintain a clear and comprehensive audit trail, documenting the basis for their assessment decisions to ensure transparency, consistency, and compliance with quality assurance requirements.