ICTQual AB Level 3 Diploma in Health Economics

The ICTQual AB Level 3 Diploma in Health Economics is a specialised qualification designed to equip learners with fundamental knowledge and practical understanding of how economic principles are applied within healthcare systems. As healthcare costs rise and resources remain limited, health economics plays a vital role in shaping decisions that influence patient care, service delivery, and policy development.

This programme introduces learners to the core concepts of health economics, including resource allocation, cost-effectiveness, healthcare financing, and economic evaluation of health programmes. By focusing on both theory and applied skills, the diploma provides a strong foundation for understanding how economic analysis supports evidence-based decision-making in healthcare management and policy.

Throughout the course, learners will gain insight into how governments, healthcare providers, and organisations make strategic choices to maximise health outcomes with limited resources. Topics such as healthcare demand and supply, health technology assessment, and efficiency in health systems are explored to build practical skills for real-world application.

In addition to technical knowledge, the diploma also develops critical thinking, analytical, and problem-solving skills—essential for learners who wish to contribute to the improvement of healthcare systems and policies.

The ICTQual AB Level 3 Diploma in Health Economics is ideal for learners who aspire to work in healthcare management, policy, research, or public health. It also serves as a stepping stone for further study in health economics, healthcare management, and related fields.

By completing this diploma, learners will be well-prepared to understand the economic challenges in healthcare and support strategies that improve efficiency, equity, and sustainability in health systems.

Course overview

Level 3 Diploma in Health Economics

To enrol in ICTQual AB Level 3 Diploma in Health Economics, learner must meet the following entry requirements:

  • Age Requirement: Learners must be at least 18 years old at the time of registration.
  • Educational Background: A secondary school qualification or equivalent Level 2 qualification is preferred. Applicants with relevant experience in healthcare, business, or social sciences may also be considered.
  • Work Experience: Prior experience in healthcare, economics, or administration is not mandatory but may be an advantage when applying concepts in real-world scenarios.
  • English Proficiency: As the qualification is delivered in English, learners should demonstrate reading, writing, and communication skills. A minimum of CEFR Level B1 (or equivalent) is recommended.
  • Basic ICT Skills: Learners must have access to a computer or smart device with reliable internet connectivity for online study, assessments, and communication.

This qualification, the ICTQual AB Level 3 Diploma in Health Economics, consists of 6 mandatory units.

  1. Principles and Foundations of Health Economics
  2. Healthcare Systems, Financing, and Resource Allocation
  3. Demand, Supply, and Market Dynamics in Healthcare
  4. Economic Evaluation of Health Programmes and Interventions
  5. Health Technology Assessment and Cost-Effectiveness Analysis
  6. Policy, Ethics, and Decision-Making in Health Economics

Learning Outcomes for the Study Units:

1. Principles and Foundations of Health Economics

  • Understand the role and importance of economics in healthcare
  • Explain core concepts such as scarcity, opportunity cost, and efficiency
  • Recognise how health economics supports effective decision-making
  • Analyse the relationship between health, wellbeing, and economic growth

2. Healthcare Systems, Financing, and Resource Allocation

  • Identify different models of healthcare systems and financing methods
  • Understand how resources are allocated within healthcare services
  • Evaluate funding challenges and strategies for sustainable healthcare
  • Analyse the impact of financing decisions on patient care and access

3. Demand, Supply, and Market Dynamics in Healthcare

  • Explain the principles of demand and supply in healthcare markets
  • Understand how healthcare differs from traditional market dynamics
  • Evaluate factors that influence demand for health services and treatments
  • Analyse the role of providers, insurers, and government in healthcare markets

4. Economic Evaluation of Health Programmes and Interventions

  • Understand the purpose and types of economic evaluation in healthcare
  • Apply methods such as cost-benefit, cost-effectiveness, and cost-utility analysis
  • Evaluate the efficiency and impact of healthcare interventions
  • Present evidence to support healthcare investment decisions

5. Health Technology Assessment and Cost-Effectiveness Analysis

  • Understand the principles of health technology assessment (HTA)
  • Apply cost-effectiveness analysis to evaluate new treatments or technologies
  • Analyse the impact of innovation on healthcare efficiency and sustainability
  • Evaluate the role of HTA in policy-making and healthcare planning

6. Policy, Ethics, and Decision-Making in Health Economics

  • Understand how economic evidence informs healthcare policy decisions
  • Evaluate the ethical dimensions of resource allocation and priority-setting
  • Apply critical thinking to analyse health policy challenges
  • Develop recommendations that balance efficiency, equity, and ethics

Completing the ICTQual AB Level 3 Diploma in Health Economics opens up a wide range of opportunities for both career advancement and further academic study. This qualification provides learners with a strong foundation in applying economic principles to healthcare, preparing them for roles that contribute to effective decision-making, policy development, and resource management in health systems.

Career Opportunities

Learners who successfully complete this diploma may progress into roles such as:

  • Health Economics Assistant
  • Healthcare Data Analyst (entry-level)
  • Policy Support Officer
  • Research Assistant in Health Economics or Public Health
  • Healthcare Administration and Support Roles
  • Junior Health Planning or Programme Officer in NGOs or government health departments

These positions allow learners to contribute to evidence-based decision-making, policy evaluation, and the efficient delivery of healthcare services.

Academic Progression

The diploma also provides a pathway to higher-level qualifications, including:

  • ICTQual AB Level 4 Diploma in Health Economics
  • ICTQual AB Level 4 Diploma in Healthcare Management or Public Health
  • Undergraduate programmes in health economics, healthcare management, or social sciences

This progression supports learners in advancing towards more specialised or senior roles in healthcare policy, research, and management.

Professional Development

In addition to academic and career growth, the diploma helps learners to:

  • Strengthen critical thinking and analytical skills in health economics
  • Apply economic evaluation methods to real-world healthcare challenges
  • Build confidence in presenting data-driven recommendations to support health policy and planning

By completing this qualification, learners will be well-prepared to contribute to the improvement of healthcare systems, ensuring efficiency, equity, and sustainability in the use of healthcare resources.

FAQs

This course is designed for learners who want to understand how economic principles are applied to healthcare systems. It is ideal for individuals interested in careers in health economics, healthcare policy, public health, or healthcare management. It is also suitable for professionals already working in the sector who wish to strengthen their knowledge of healthcare financing and decision-making.

To enrol in the ICTQual AB Level 3 Diploma in Health Economics, learners must:

  • Be at least 18 years old
  • Hold a secondary school qualification or equivalent (Level 2)
  • Demonstrate English language proficiency (recommended CEFR Level B1 or equivalent)
  • Have access to a computer or smart device with internet connectivity

ICTQual AB Level 3 Diploma in Health Economics is 30 Credits training program. As this Training program have mandatory assessment which will be conducted through Approved Training Centers.

ICTQual AB allows to offer Level 3 Diploma in Health Economics in various formats, including online, in-person, or a combination of both. Participants can choose the format that best fits their schedule and learning preferences. But final decision is made by ATC.

Yes, ICTQual AB Level 3 Diploma in Health Economics consist of 6 mandatory assessments . These assessments are designed to evaluate participants’ comprehension of course material and their capacity to apply concepts in practical situations. It is mandatory to pass assessments with a minimum score of 75%