Study Options
Master of Science in Development and Natural Resource Economics
Department of Academic Affairs
Why study Development and Natural Resource Economics?
- You obtain a solid knowledge of economic theory with a spesialisation in development and natural resource economics.
- You can study one semester in Africa or do fieldwork in a developing country.
- Your degree qualifies for most positions requiring a MSc in Economics.
A study at UMB School of Economics and Business
- Programme Structure
- Programme Structure
- Complete Description of Programme
Master of Science in Development and Natural Resource Economics
Photo: Neil Palmer
Contents of the programme This master programme is an economics programme at a high academic level. The focus is on economic theory, resource and environmental economics.
You can choose to take the second semester at a university in Africa or do field work in a developing country.
The last semester is dedicated to writing a thesis, that might be based on research in a developing country. UMB has a strong teaching and research record both within development and resource economics.
Mandatory courses:Resource and Environmental Economics
Econometric Methods
Mathematics for Economists
Microeconomics
Decision Modelling - Fundamentals
Macroeconomics III
Research in Development Economics/ or
Research in Development Economics + field work
Development Economics - Micro
Issues in Development Economics
Development and Environment Economics
Impact assessment methods
Master Thesis including seminar
Optional courses:Project Evaluation and Environmental Valuation
Industrial Organization
Economic Integration and Trade Liberalization
International Economics and Finance
Environmental Accounting and Management
What will I learn? The programme is targeted at students who are interested in the interaction between development, environment and economy, and want to study in an international environment.
You get skills and experience in economic analysis, as a bridge between theories and real-world problems.
A special emphasis is put on
• Management of natural resources, poverty and rural development
• National policies and trade.
• The wellbeing of rural people, their natural resource base, and the underlying causes of poverty and environmental degradation.
What can you use this qualification for? You may work in teaching and research institutions, in national ministries, regional departments or in international organizations and development/environment NGOs.
You may also continue with a PhD.
The way forwardThis programme is a Master of Science programme that meets the academic requirements for PhD studies within Economics.
Admission and Requirements A Bachelor or equivalent degree with a major or concentration in economics (minimum of 60 ECTS). The maximum annual number of students for enrolment is 25.
For further information • Application and general questions about studies at UMB:
Student Information Office, P.O. Box 5003, 1432 Aas, Norway,
phone: +47 66 59 61 00, e-mail:
opptak@umb.no •
Studies at UMB School of Economics and Business• Academic questions and detailed questions about the programme:
Student Advisor
Lise Thoen, phone: (+47) 64 96 64 64 / 64 96 57 00
Updated: 15.03.12
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