Master of science (2 year) Full time

Studenter ved NMBU

Studenter ved NMBU

Benjamin A. Ward

Study at one of Norway’s leading schools of economics. NMBU offers an applied and policy relevant degree in economics, guided by an internationally oriented faculty.


Bachelor degree in economics or similar.

Application deadline:

June 1st
International applicants:
December 1st

Study start
Autumn 2020
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Contact study advisors
Contact info

Tel: 67 23 01 11

Telefon til fakultet:

6723 1100

The master programme in economics is set to prepare you for life as an economist, emphasising relevance for the workplace, public life and society, and the role of sustainability. Responsible faculty is internationally renowned in their fields, but also are engaged in national and international policy development. The fields of expertise spans from environmental, energy and climate economics, development economics, public economics and housing economics, to financial and commodity market analysis.

The programme consists of a set of mandatory courses, a set of optional courses and a master thesis. The mandatory courses cover core microeconomic and macroeconomic theory, empirical methods, and public economics and sustainability. As your optional courses, you can choose a specialisation in one or more sub-disciplines in economics, such as

  • Environment, Climate and Energy Economics
  • Development and Global Change
  • Financial and Commodity Market Analysis
  • Agribusiness and Food Economics

Job opportunities

Economists have specialized knowledge on how the economy influences societies and the well-being of inhabitants. This makes economists well suited to work on issues in environmental policy, energy systems, development aid, enterprise development, trade policy and general economic policy. Economists are therefore in high demand in the private and public sectors as well as by many non-governmental organizations.

Learning outcomes

NMBU School of Economics and Business will give you skills in economic analysis and broad insights on how economies work. You get extensive training in economic theory and analysis, in accordance with national and international standards. In many of the more advanced courses, class sizes are small, allowing for more problem-oriented learning approaches where in-class discussion is central to the learning process.

Admission requirements

Applicants must demonstrate English language ability in accordance with the NMBU regulations for programmes taught in English.

- A study in economics will first and foremost give you a framework for how the world works. I believe this is useful no matter where you work.

Helene Lillekvelland, Norwegian Agricultural Co-operatives

Study structure

Each specialization has a set of required core courses that can be supplemented with electives from organizational sciences and business management. Alternatively, you can choose a general program with a more interdisciplinary profile, by selecting electives from other faculties at NMBU such as in natural sciences, technology or other social sciences to tailor your education to your special interests. The completion of the degree culminates with the submission of a thesis and the successful oral defense of the work.

Some examples of topics analysed in the programme:
• How to integrate environmental effects in economic analysis of ecosystem management, air and water pollution, and climate change.
• How to combine economic growth and environmental protection - both at the firm level and at the national level.
• How to design and implement international treaties, for example on climate issues.  
• How to reduce poverty and manage natural resources to increase human well-being without compromising resources or the environment.
• How to organize energy markets to avoid monopolies and market manipulation.
• How to analyze consequences of international trade agreements; and
• How to explain why food, energy and other commodity prices are so volatile.

Programme structure

Admission requirements

Career opportunities