Economics is about the use and allocation of scarce resources. The bachelor\'s programme in Economics covers basic economic theory and methodology. Students shall learn to understand and analyse complex issues in society and be able to assess their impact on the economy.The programme qualifies students for admission to master\'s degree programmes in Norway and abroad. At UMB students can apply, e.g., to master\'s programmes in Economics or Development and Natural Resource Economics. Graduates from the bachelor\'s programme can seek employment in a broad range of fields, such as environmental politics, development aid, business development, agricultural administration or economic analysis. Specialising in business economics qualifies for employment in administration, financial management, accounting and sales.Admission requirements
Internationalisation, studies abroad and exhange agreements
IØR has a significant number of international students. A large number of subjects are taught in English and the masters programs in Economics and Development and Natural Resource Economics are taught in English.Students at IØR are encouraged to take parts of their bachelor\'s degree at a foreign university to facilitate academic and personal development. UMB/IØR have numerous agreements with recognised universities in all parts of the world. IØR also maintains extensive academic networks with international institutions and advisers. IØR\'s staff can help students find appropriate institutions abroad, independent of existing agreements.
Many of the courses at IØR can be taught in English if needed. We highly welcome incoming guest students and will do our best to adapt our courses in order to facilitate student exchange.Related studies
Students shall acquire basic knowledge in economic theory and methodology. In addition to gaining a theoretical understanding, practical problem-solving and learning how to critically apply theory and methods play an important role. There is specific focus on applying theory and methodology to analysing and solving resource and environment-related economic issues. Students will be trained in being socially critical, related to such issues as ethics, value creation and the environment. Emphasis is also placed on developing soft skills and interdisciplinary cooperation, especially between the social and natural sciences.
The programme consists of 100 ECTS that is compulsory in basic fields as mathematics, statistics, economics and economic methods. The programme also includes introductory courses in organisational theory and philosophy. In addition, it is compulsory to take at least 20 ECTS within Economics at an intermediate level (200-level course code). The remaining credits are used on elective courses to design an individual profile.