My mage is high in ILLUSION(80 )....... Destruction (45) ......Conjuration (55)
That shouldn't be that difficult. Conjure an atronach and keep your distance. Take your time, when you're low on magicka and let it replenish. In a couple of levels, Phinis will offer the 2 atronach spelltomes you'll want to buy for the ultimate ranged and close-combat situations.
The key is to take your time and keep the distance between you and the dragon.
My mage is Lv. 65 now and the elder dragons often tear the summons apart, so a nice enchantment the speeds up magicka-regeneration comes in handy. I personally don't like too much reduction, and if I reduce the casting cost, it will always be the school of magic that my character is skilled in. (Altmer = illusion, Breton = conjuration, Dunmer = destruction)
Use the terrain to avoid getting hit, wards work like a charm as well, given you put some perks into restoration.