A master programme that combines economics with social impact
Health care is one of the largest and fastest-growing sectors in modern economies, accounting for up to 18% of GDP in high-income countries. Advances in medical technology continue to improve population health, but they also raise complex economic and social challenges. Rising costs, ageing populations, persistent health inequalities, and limited resources in low-income countries all demand thoughtful and effective solutions.
The Health Economics specialisation within the MSc Economics and Business equips you with the analytical and quantitative tools to address these challenges. You will explore how economic principles apply to the health sector, where market failures, asymmetric information, and equity concerns make standard models insufficient. You will learn to evaluate policy interventions, understand incentives, and contribute to better health outcomes through sound economic analysis.
Is this the right programme for you?
This programme is a strong fit if you:
- Are excited by rapid developments in medical technology
- Are concerned about the economic and social implications of population health and ageing
- Are drawn to a career in a sector that is both economically significant and socially valued
- Are motivated by the intellectual challenge of analysing a complex and vital part of the economy
To succeed, you will need ambition, perseverance, and a readiness to engage in rigorous conceptual and quantitative analysis.
Why study Health Economics in Rotterdam?
Rotterdam is home to one of Europe’s leading centres for health economic research and teaching. This programme is a collaboration between Erasmus School of Economics and Erasmus School of Health Policy & Management, and was among the first health economics master programmes in the world.
You will benefit from:
- A degree that is internationally recognised in both public and private sectors
- Inspiring professors who are leaders in their field
- An international classroom and cosmopolitan atmosphere
- A strong network in health care and academia
Rotterdam itself is a vibrant, multicultural city at the forefront of innovation in science, policy, and public health—making it an ideal place to study health economics.
The teaching by top research-oriented academics provided me with unique insights into the field of health economics.
The health economics specialisation is a very rewarding programme that exposes students to useful practical methods along with an in-depth understanding of the health industry.
