- UCAS course code
- L102
- UCAS institution code
- M20
Bachelor of Science (BSc)
BSc Economics
Duration: 3 or 4 years
Year of entry: 2025
UCAS course code: L102 / Institution code: M20
- Key features:
Study abroad
Industrial experience
- Typical A-level offer: AAA including Mathematics
- Typical contextual A-level offer: ABB including A in Mathematics
- Refugee/care-experienced offer: ABC including A in Mathematics
- Typical International Baccalaureate offer: 36 points overall with 6,6,6 at HL including Mathematics
Fees and funding
Fees
Tuition fees for home students commencing their studies in September 2025 will be £9,535 per annum (subject to Parliamentary approval). Tuition fees for international students will be £31,500 per annum. For general information please see the undergraduate finance pages.
Policy on additional costs
All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).
Scholarships/sponsorships
Scholarships and bursaries, including the Manchester Bursary , are available to eligible home/EU students.
Some undergraduate UK students will receive bursaries of up to £2,000 per year, in addition to the government package of maintenance grants.
You can get information and advice on student finance to help you manage your money.
Course unit details:
Health Economics
| Unit code | ECON32202 |
|---|---|
| Credit rating | 10 |
| Unit level | Level 3 |
| Teaching period(s) | Semester 2 |
| Available as a free choice unit? | Yes |
Overview
The unit aims to:
- Enable students to develop a critical understanding of the basics of health economics
- Introduce students to the health economists' 'toolkit', the ways it can be used in the process of policy development, and its limitations
At the end of the module, successful students should be able to demonstrate:
- The ways in which health and health care are different to other economic goods
- The economic decisions and processes that drive the demand for and the production of 'health' and 'health care'
- How the health care market works, how it can fail, and the role of government in healthcare
- How poor health is insured against and how health care is financed in different countries
- How to measure equity in the distribution and finance of health care
- How to measure health care output and alternative methods to determine a fair and efficient distribution of health
- The similarities and differences that characterise decisions about health, and the demand, supply, and financing of healther care in low and middle-income settings
Pre/co-requisites
| Unit title | Unit code | Requirement type | Description |
|---|---|---|---|
| Intermediate Microeconomic Theory 1 | ECON20501 | Pre-Requisite | Compulsory |
| Microeconomics 3 | ECON20021 | Pre-Requisite | Compulsory |
| Microeconomics 3 | ECON30021 | Pre-Requisite | Compulsory |
| Intermediate Microeconomic Theory 1: Consumers, Producers and General Equilibrium | ECON30501 | Pre-Requisite | Compulsory |
ECON20501 or ECON30501 or ECON20021 or ECON30021
Aims
The unit aims to:
- Enable students to develop a critical understanding of the basics of health economics.
- Introduce students to the health economists' 'toolkit', the ways it can be used in the process of policy development, and its limitations.
Learning outcomes
At the end of the module, you should be able to demonstrate:
- The ways in which health and health care are different to other economic goods
- The economic decisions and processes that drive the demand for and the production of 'health' and 'health care'
- How the health care market works, how it can fail, and the role of government in health care
- How poor health is insured against and how health care is financed in different countries
- How to measure equity in the distribution and finance of health care
- The similarities and differences that characterise decisions about health, and the demand, supply, and financing of healther care in low and middle-income settings
Syllabus
- Introduction to health economics (2 hours)
- The determinants of health and the demand for health care (4 hours)
- The production and supply of health care (4 hours)
- Efficiency of health care (market failure, governments, and insurance) (4hours)
- Equity in health care (2 hours)
- Topics in global health economics (4 hours)
Teaching and learning methods
Synchronous activities (such as Lectures or Review and Q&A sessions, and tutorials), and guided self-study
Intellectual skills
- Apply basic economic analysis in the cntext of health and health care.
- Identify and apply relevant healther economic theories and methods to the analysis of health related policies.
Practical skills
- Read economic literature, particularly in a health context
- Process and critically evaluate different sources of information
- Comment on current development in health care policy
- Develop a sustained and coherent written argument
Transferable skills and personal qualities
- Presentation and interpersonal skills through participation in tutorial sessions
Employability skills
- Analytical skills
- Process and critically evaluate different sources of information.
- Oral communication
- Presentation and interpersonal skills through participation in tutorial sessions.
- Written communication
- Develop a sustained and coherent written argument.
- Other
- Read economic literature, particularly in a health context. Comment on current development in health care policy. Identify and apply relevant health economic theories and methods to the analysis of health related policies.
Assessment methods
60% Exam
40% Essay (1000 words)
Feedback methods
Detailed feedback is provided on the essay in advance of the final exam.
Recommended reading
- Morris, S; Devlin, N; Parkin, D; Spencer, A (2012) Economic Analysis in Health Care, 2nd edition, John Wiley.
Supplementary readings in the form of journal papers will be given as appropriate
In addition, where relevant, recent newspaper and popular scientific articles will be used as motivation for topics.
Teaching staff
| Staff member | Role |
|---|---|
| Igor Francetic | Unit coordinator |
| Luke Munford | Unit coordinator |
Additional notes
For every 10 course unit credits we expect students to work for around 100 hours. This time generally includes any contact times (online or face to face, recorded and live), but also independent study, work for coursework, and group work. This amount is only a guidance and individual study time will vary.