LICQual Level 7 Postgraduate Diploma in Health Economics

The LICQual Level 7 Postgraduate Diploma in Health Economics is a distinguished qualification designed for experienced professionals working in healthcare management, policy, economics, or related sectors. This programme is not intended for fresh candidates but is specifically tailored for individuals seeking to enhance their analytical skills, expand their understanding of healthcare systems, and strengthen their career prospects in strategic and financial decision-making roles.

Learners undertaking this diploma will develop advanced expertise in health economic evaluation, cost-effectiveness analysis, healthcare policy analysis, and resource allocation. The course emphasises evidence-based approaches to decision-making, economic modelling, and policy appraisal, preparing learners to address the complex challenges of modern healthcare systems. It also significantly contributes to Continuing Professional Development (CPD), enabling learners to advance in senior management, advisory, and research positions within healthcare organisations, government agencies, and consultancy roles.

Centres delivering this qualification are required to maintain the highest standards of teaching and learner support. This includes employing competent and qualified staff, providing access to up-to-date learning materials and digital resources, and ensuring a supportive environment that promotes professional growth and learner success. High-quality delivery ensures learners can fully engage with advanced economic theory, analytical techniques, and applied research methods to achieve the learning outcomes required for a Level 7 postgraduate diploma.

By completing the LICQual Level 7 Postgraduate Diploma in Health Economics, learners will be well-prepared to influence healthcare policy, optimise resource allocation, and contribute to the sustainable and efficient management of healthcare services, enhancing both organisational performance and patient outcomes.

Course Overview


Qualification Title

LICQual Level 7 Postgraduate Diploma in Health Economics


Total Units

6

Total Credits

120

GLH

600

Qualification #

LICQ2200802


Qualification Specification

Download Qualification Specification

To enroll in the LICQual Level 7 Postgraduate Diploma in Health Economics, applicants must meet the following criteria:

  • Age Requirement: Applicants must be at least 21 years old.
  • Educational Requirements: A recognised Level 6 Diploma, Bachelor’s degree, or an equivalent qualification in health economics, healthcare management, public health, economics, or a related discipline is required.
  • Experience: Learners should have relevant work experience in healthcare, health economics, policy analysis, or management roles, demonstrating practical application of analytical and economic skills.
  • English Language Proficiency: Learners must demonstrate a high level of English proficiency in reading, writing, and speaking. Non-native English speakers may need to provide evidence through a recognized language test such as IELTS (minimum score of 6.0) or equivalent, or proof of prior education delivered in English.
  • Commitment to CPD: Learners must demonstrate a strong commitment to Continuing Professional Development (CPD) and a willingness to enhance their professional knowledge, analytical skills, and decision-making capabilities.
  • Access to Required Resources: Learners should have access to up-to-date study materials, digital tools, and a suitable learning environment to participate fully in research, projects, and coursework.

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.

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