Learning outcomes

With a master’s degree in economics from the University of Oslo you are expected to have comprehensive knowledge of modern economics as an academic discipline. You are also expected to be able to use theoretical and empirical methods to analyse economic problems and to plan and carry out a research project.

After having completed the master’s degree programme you should have the following knowledge, skills and competences.


  • understanding at an advanced level about the complex economics mechanism that characterise modern society
  • in depth knowledge about economic theory regarding the utilisation and allocation of resources, including labour, natural resources and capital
  • in which way the economy is influenced by economic policy, technological advances and demographic conditions
  • analyse how markets for goods and services function and how income is generated and distributed. Such analyses may have a national and international perspective, and a time frame that may be either short-term (business-cycles and crises) or long term (economic growth)
  • to formulate mathematical economic models, as well as how to quantify model parameters from data from Norway or other countries
  • use of econometric- and mathematical methods
  • insight into special fields of your choice, like energy economics, competition policy, industrial economics, financial markets, environmental and resource economics, development economics and international trade and globalisation


  • analyse existing economic models and evaluate their relevance for theoretical and practical problem solving
  • use relevant models and methods, independently but under supervision,
  • undertake applied work and research projects in economics
  • concretise economic problems to be analysed and understand how the theoretical framework and actual empirical conditions are connected


  • undertaking specialised and concrete problem solution on your own
  • analysing relevant economic literature, concretise economic problems, and have insight into how you may draw the connection between theory and empirical conditions
  • using economic models and communicating both the underlying assumptions of these models, as well as the results from theoretical and empirical model-based analysis
Published June 6, 2012 10:00 AM - Last modified Mar. 17, 2020 2:47 PM