What is health economics?
Health economics is the branch of economics concerned with evaluating how to best allocate health-related resources, and/or building an understanding of how people make health-related decisions.
Where could I go?
Health economics is relevant across the public, private and not-for-profit sectors. Roles include research fellowships, analyst positions in the health sector, health economists, and market access/pricing directors. Early career employers include the Australian Institute of Health and Welfare. Research opportunities are available through institutes such as The Sax Institute and the Centre for Health Economics. According to PayScale, the average Health Economist in Australia earns around $81,000, with senior positions earning in the six-figures.
How would I get there?
Most pathways for specialising in health economics require post graduate studies, with multiple Australian universities offering Master of Health Economics courses. There are also various short courses offered through some universities for those looking to dip their toes in. Note that research fellow and similar opportunities are highly likely to involve/require PhD studies.
Where can I find out more?
Australian Health Economics Society -
Australian Institute of Health and Welfare -
TUBES Publications are a collection of interviews, guides, and articles on all things Business & Economics. Sign up for our newsletter, where you'll get regular updates for all future TUBES publications.