Health Economics
इंस्टीट्यूट ऑफ गुड मैन्यूफैक्चरिंग प्रैक्टिसेज इंडिया
Centre for Health Management and Research (CHMR)

(An Autonomous Body Recognized by Ministry of Commerce & Industry, Government of India)

18001031071 (Toll Free), Phone: +91 11 26512850
Regular Classroom | Online Mode

Post Graduate Diploma in Health Economics

Course Overview:

The Post Graduate Diploma in Health Economics is a specialized program designed to equip professionals with the analytical and strategic skills necessary to navigate the rapidly evolving healthcare landscape. This program provides a comprehensive understanding of economic principles applied to healthcare, enabling participants to make data-driven decisions, optimize healthcare resources, and contribute to policy development.

Course Objective:

  • In-depth exploration of health economics, healthcare financing, and resource allocation

  • Application of economic theories to healthcare decision-making

  • Understanding cost-effectiveness analysis and health technology assessment

  • Insights into health insurance models and public health policies

  • Exposure to real-world case studies and industry best practices

  • Opportunities for networking with experts and industry professionals

Programme Structure

1. Introduction to Health Economics

  • Definition and scope of health economics

  • Importance of economics in healthcare

  • Differences between healthcare markets and other markets

2. Demand and Supply in Healthcare

  • Demand for healthcare services

  • Elasticity of demand in healthcare

  • Supply of healthcare services

  • Market equilibrium in healthcare

3. Health Insurance and Financing

  • Role of health insurance

  • Adverse selection and moral hazard

  • Private vs. public healthcare financing

  • Healthcare expenditure and its determinants

4. Economic Evaluation in Healthcare

  • Cost-effectiveness analysis (CEA)

  • Cost-benefit analysis (CBA)

  • Cost-utility analysis (CUA)

  • QALYs (Quality-Adjusted Life Years) and DALYs (Disability-Adjusted Life Years)

5. Market Failures and Government Intervention

  • Externalities in healthcare (e.g., vaccination programs)

  • Public goods and merit goods in healthcare

  • Regulation and policy interventions

6. Health Systems and Policies

  • Comparison of healthcare systems (Beveridge, Bismarck, Market-driven models)

  • Universal health coverage (UHC)

  • Case studies from different countries

7. Pharmaceutical Economics

  • Drug pricing and regulation

  • Patents and generic drugs

  • Role of pharmaceutical companies

8. Behavioral Economics in Healthcare

  • How individuals make healthcare choices

  • Nudging and incentives for better health behaviors

9. Global Health Economics

  • Health disparities across countries

  • Role of international organizations (WHO, World Bank, IMF)

  • Pandemic economics and emergency responses

10. Current Issues and Future Trends

  • Artificial Intelligence in healthcare economics

  • Aging populations and long-term care economics

  • Climate change and its economic impact on health

Examination and Certification

IGMPI follows a credit system based on all learning activities involved in studying for all PG Diploma, Executive Diploma and Certificate Programmes. Each of your modules is equal to 4 credits. To successfully complete the programme, you will have to earn all the credits assigned to your programme.

All the participants are expected to appear for an online exam and are also obliged to submit assignments after each module. After successful completion, the participants will be awarded Post Graduate Diploma in Health Economics by Centre for Health Management and Research (CHMR), IGMPI. For all the above mentioned modules elaborate programme material, self-assessment assignments and project work details would be provided by the Institute from time to time. Details get updated on the webpage as well.

Eligibility

Graduate in any discipline is eligible for our Post Graduate Diploma and Certificate Programmes. For Executive Diploma programmes and Professional Certifications, you need to have at least 1 year of work experience.

Programme Duration

Minimum duration to complete this programme is 1 year.

Programme Mode

Registrations are currently open for regular and online both modes.

Programme Deliverables

A comprehensive study material for all the modules in hard copies ensuring the needs of the audience. The accompanying training material is appropriately aligned with the current Industry's expectations.

– Assignments for all the programme modules for continuous evaluation and guidance.

– Interactive or online live sessions on all key areas of the programme giving all flexibility to the participants.

– Online classes for all the modules will be conducted on the weekends. Moreover, a doubt clearing session will also be scheduled before the examination.

– All the efforts are made by IGMPI faculty members to make the entire programme modules easily understandable.

– Assessment and evaluation for all the programme modules in order to enhance the levels of competencies and skills of the participants leading towards the objective of application in the job.

– At the end of each programme modules, the trainers shall obtain feedback from the participants using specially designed questionnaires.

– All learning and training delivery initiatives shall be conducted in English.

Placement Assistance & Corporate Relations

The Institute has partnered with many organizations for providing with placement assistance to in its participants. The robust placement cell comprises of senior level Human Resources professionals and Talent Acquisition experts which maintains close links with business and industry. We are engaged in promoting the employability of our participants by maintaining good rapport and relation with HR cell and recruiting managers of leading Food and Agriculture companies across the globe. The efforts of our placement cell also include helping with professional resume writing, interview skills & conducting mock interviews etc.

Graduates specializing in Health economics in India can explore opportunities with several prominent organizations that value expertise in this field like Pharmaceutical and Healthcare Companies, Clinical Research Organizations (CROs), Consulting Firms, Government and Public Sectors, Research and Academic Institutions etc.

Future career prospects

Graduates of this program can explore diverse opportunities in health policy analysis, healthcare consulting, pharmaceutical economics, insurance sectors, public health organizations, and international health agencies.

This diploma is ideal for those seeking to bridge the gap between economics and healthcare, fostering sustainable and efficient healthcare systems worldwide.

Who Should Enroll?

  • Healthcare professionals looking to enhance their economic and policy expertise

  • Public health specialists and policymakers

  • Researchers and academicians in healthcare and economics

  • Professionals working in healthcare management, pharmaceuticals, and insurance

View Prospectus

Apply Online

Programme Fee Details

For further enquiries, write to or call us on:
info@igmpi.ac.in / 18001031071 (Toll Free),  Phone: +91 11 26512850

Placement Partners

Our alumni are working with Fortune 500 and global Pharmaceutical, Food and healthcare giants like:


Moderated by Shri Vinod Arora, Principal Advisor, IGMPI

Moderated by Shri Vinod Arora, Principal Advisor, IGMPI

Moderated by Shri Vinod Arora, Principal Advisor, IGMPI

Placement Partners

Our alumni are working with Fortune 500 and global Pharmaceutical, Food and healthcare giants like: