How to Become a Health Economist in Australia: careers in Health

A health economist applies economic analysis to healthcare systems, policies, and interventions in Australia. The role needs skill in data methods and a clear grasp of how health policy works.

Senior roles often centre on health technology assessment. Economists build cost-effectiveness models to inform government funding decisions on medicines and medical services. In Australia, these submissions go to the PBAC for medicines and the MSAC for medical services. Employers include the federal Department of Health and Aged Care, state health departments, pharmaceutical companies, and specialist consulting firms.

Most health economists hold a postgraduate qualification. A Master of Health Economics is the standard entry point for professional roles. A Master of Public Health with a health economics major is another common path. Those who move into research often complete a PhD.

The field is growing. Demand for evidence-based health policy and value-for-money analysis keeps rising across both public and private sectors. A background in health economics opens doors across government, industry, and academia.