Master of Science in Business

Major in Economics

Customise your Master of Science in Business degree by choosing a major in Economics.

Why Choose a Major in Economics?

The Economics major provides a rigorous academic programme for students pursuing both general business careers, including economics consulting and data analysis, as well as macro-analyst positions and central banking.

The programme focuses on developing strong analytical skills and a broad set of quantitative techniques to analyse data and simulate economic models. You will learn a framework for analysis that can be applied to a great variety of areas, ranging from international trade, inflation and business cycles, to firm competition and strategic behaviour. 

What will you learn?

In Microeconomics, you will learn about the optimal choices and strategic decisions of individuals and firms, and how they respond to incentives like bonuses, taxes, and competition. In Macroeconomics, the focus is on business cycles, inflation, economic growth, and how monetary and fiscal policy affect the economy. The emphasis on analytical and quantitative skills enables you to understand, use and produce statistically based arguments.

Among the courses, you will find:

  • Analysis of Experiments and Quasi-Experiments: How do you know what works? Learn how to apply econometric techniques and experimental design to uncover casual relationships that may improve decision-making by firms and policy makers.
  • Business Cycles: What are the drivers of economic fluctuation? Learn theories for business cycles and monetary policy, and quantitative techniques for analysing and simulating macroeconomic policies.
  • Industrial Organization and Applied Economics Consulting: What is the boundary of a firm and its relationship with the market? Learn how the principles of industrial organisation are applied within economics consulting, through real-world cases.

Programme Structure

The academic year at BI is divided into two semester, one in the autumn and one in spring. There are exams at the end of each semester. This programme structure provides an overview of which courses you will be taking and when you will be taking them.

Kristoffer Voss Sanner Senior Tax Auditor Petroleum Tax Office Securing the oil tax

Student Perspective

Synne Sandnes, Public Sector Consultant at Deloitte and BI alumnus, talks about how the unique learning environment she experienced during her studies can enable you to pursue a career in almost any industry. 

Student Perspective

Faculty perspective

Department Chair and Professor in Economics, Espen R. Moen, together with Professor Hilde Bjørnland and Associate Professor Per Botolf Maurseth, explain in their own words why Economics is important for all business students in today's working environment.

Faculty perspective

Industry perspective

Former Chief Economist at DNB and current Chief Economist at NHO, Øystein Dørum, explains the relevance and applicability of an education in Economics from a Norwegian and international perspective.

Industry perspective