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Health Economics

Health economics is the application of economic theory, models and empirical techniques to the analysis of decision making by people, health care providers and governments with respect to health and health care. 

It is solidly based in economic theory but it also comprises a body of theory developed specifically to understand the behaviour of patients, doctors and hospitals, and analytical techniques developed to facilitate resource allocation decisions in health care.

Researchers across UCL conduct a wide range of health economics research, and have particular expertise in:

  • economic evaluations within clinical trials
  • economic evaluation using decision analytic modelling and discrete event simulation
  • econometric methods for health research
  • policy design and evaluation
  • health insurance and health care financing
  • resource allocation
  • early childhood interventions
  • measurement of health and health care inequalities.

Research is undertaken across a range of disease areas and in the UK and globally.

Past Events

2018 Event

UCL Health Economics Symposium - 5 February 2018 

This one-day Symposium, organised by the UCL Populations & Lifelong Health Domain, brought together a wide range of health economists, providing a great opportunity to find out more about health economics research at UCL and further afield.

The day took a life course approach, with innovative research presented by speakers from UCL and beyond, and keynote presentations from two internationally leading speakers. 

The morning focused on health economics in early childhood, followed by later childhood and adolescence. The afternoon continued through the life course, focusing on adulthood and the elderly.

Attendees also heard from relevant research funders about their strategic vision for health economics funding. 

View the presentations:

2016 Event

Health Economics at UCL - 18 November 2016

A half-day event was run by the Domain on Friday 18 November 2016

The event was open to researchers from all faculties across UCL who work on health economics in a wide variety of areas, including psychiatry, statistical science, global health, applied health research and clinical trials and methodology.

The event aimed to bring this diverse range of researchers together in order to network, share expertise across UCL and encourage new research collaborations such as new grant applications and joint publications.

View the presentations:

Examples of Health Economics research and collaborations at UCL

Education
  • Masters in Health Economics and Decision Science - starting September 2017. This Masters degree spans the disciplines of economics, statistics and epidemiology, training students in applied issues, while providing the theoretical foundations expected of an outstanding UCL postgraduate degree. Students can select between decision science and an economics stream, with materials relevant for both higher income countries, and global health. Students will be required to take 8 modules and to complete a substantive piece of research as a dissertation or project. Strong links to industry and a severe shortage of skills in this area will ensure that graduates of this programme are highly employable.
  • New module in 2016/17 in the MSc Statistics on "Bayesian methods in health economics" (STAT3021/M021/G021)
  • Module in BSc Population Health on Health Economics
Research

Research Groups and Networks

Example of Collaborative Research Projects 

Selection of Papers and Journal Articles 

Events and courses

This is not an exhaustive list so please contact Karen Groot if you are a health economist involved in cross-disciplinary working that you think should be included.

Researchers

Below is the link to a list of researchers who are currently working in the field of health economics research at UCL. Follow the link to find their contact details and more information about their work.

To appear on this list, add the Health Economics Research Group to your IRIS profile.  

Health Economics
" "Health economics is solidly based in economic theory but it also comprises a body of theory developed specifically to understand the behaviour of patients, doctors and hospitals, and analytical techniques developed to facilitate resource allocation decisions in health care."