The specialisation in economics gives you the competence and tools to analyse the behaviour of economic agents, such as firms, consumers, and government agencies. It provides a framework to assess the optimality of outcomes to individual agents and to society at large.
Major in Economics
Using economic theory and data, you will be able to perform competent analyses on diverse topics, including firms’ production decisions, market structures, GDP and growth rates, business cycles and monetary policy, wage formations, environmental regulations, public goods and market failure, optimal resource extraction strategies, energy markets and sustainability.
By specialising in economics, you will be able to answer questions such as: What are the current status and the prospect of renewable energy markets? What is the optimal extraction rate for non-renewable resources? How much is a nature experience worth? And what would be the cost of an oil spill in the Artic? What drives people to work hard?
At UiS Business School, we have a faculty teaching team who are at the forefront in their research fields and actively collaborate with businesses and government agencies.
Meet the faculty teaching team
Career opportunities
With the Economics specialisation, you have good job opportunities both in the private business sector (finance, industry, energy) and in the public sector (state and municipality, directorate). Our graduates are working in various related fields, including consultancy, banks and financial services, oil and gas sector, and government agencies.
What will you learn?
In the economics specialisation, you will learn essential terminologies and concepts (such as equilibrium, opportunity cost, public goods, market failure) to understand today’s complex business environment and societal challenges, how to apply them to analyse the real-world issues, and communicate the results effectively to interested parties, such as colleagues, bosses, and clients.
The economics specialisation trains you to “think like an economist” with the versatile theoretical framework and empirical competence, allowing you to yield a unique understanding of societal phenomenons. According to the Future of Jobs Report 2020 by the World Economic Forum, the skills that employers see as critical include analytical skills such as critical thinking and complex problem-solving. These are the type of skills you will obtain in this specialisation.
Meet an Economics Alumni
Curriculum
Students will learn the fundamental principles of microeconomics and macroeconomics, as well as be trained in applying economic models and methods to gain insights on important social issues. In the elective semester (Semester 3), students have the opportunity to either take an exchange semester or take topical courses in economics, such as Economics of Energy Markets, Environmental and Resource Economics, and Economics of Motivation.
About the programme:
The economics specialisation is a part of the Master of Science in Business Administration programme.
Applied Finance Strategic Marketing and Analytics Strategy and Leadership Sustainable Business Development and Innovation
Contact
Profile leader E-mail: torfinn.harding@uis.no Telephone: 51831674 Office: EOJ 244
