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