Economics - master


How are resources used in society, and how should they be used? These are the big issues in economics. A Master's degree in Economics provides you with a deeper understanding of theoretical and applied economic analysis, methodology and empirical research. Students will have the opportunity to work independently through self-study and assignments.


Duration:2 Years
Location: Tromsø
Credits (ECTS):120
Qualification:Master's Degree in Economics
Admission requirements:A Bachelor's degree, or equivalent degree, in Economics
Application deadline:Nordic applicants: 15 April
International applicants: 1 December
Application code:Nordic applicants: 6002 | International applicants: 2018
How to Apply
The programme consists of advanced courses in microeconomics, which also includes the use of linear algebra and static optimization. Macroeconomics includes the analysis of open economies and economic growth. In their first semester students will have a course in econometrics - advanced quantitative methods for economics. In the third semester students can choose between a course in advanced finance and a course in applied microeconomics. In the third semester students will also have to take a course that gives a common basis for working with the Master's thesis, and specializing within the subject field of the thesis. The Master's thesis constitutes 30 ECTS, and will be written during the fourth and last semester.

A Master's candidate is expected to have advanced and comprehensive knowledge of economic methodology, theories, concepts and relevant scientific approaches. The candidates who complete the programme are expected to have achieved the following learning outcomes, defined by knowledge, skills and general competence:



The candidate...

  • has extensive and broad knowledge of economic theory as well as solid skills in mathematical and econometric methods in accordance with national and international standards in economics
  • has acquired comprehensive knowledge at a high level in applied and theoretical economics



The candidate...

  • can find and evaluate relevant sources in a critical manner, and is further able to generate independent assessments and develop projects
  • can present information and ideas in an instructive manner to both researchers and the general public
  • can formulate relevant research questions in an independent manner, and analyze large amounts of information by applying economic models and quantitative methods in line with scientific and ethical standards
  • can participate in and lead projects and contribute to research activities
  • can carry out analytical and management tasks as well as assume responsibility for such tasks in knowledge-intensive environments, such as private businesses, government and NGOs


General competence:

The candidate...

  • has in-depth and specialized disciplinary competence through their education
  • has a sufficient foundation to participate in research projects and embark on doctoral studies
  • can analyse economic issues that require skills at a high level
  • can apply their knowledge and skills in economic theory and methods in new areas to perform advanced tasks and projects

Admission to the Master`s programme in Economics requires a Bachelor`s degree (180 ECTS), or equivalent degree, in Economics. Regarded as equivalent can be a Bachelor's degree in another field which includes at least 80 ECTS in Economics.

  • Applicants who hold a bachelor`s degree or equivalent issued in Europe, Canada, USA, Australia and New Zealand: An average grade C as a minimum requirement
  • Applicants who hold a bachelor`s degree or equivalent issued in countries other than the above mentioned region/countries: An average grade B as a minimum requirement.

More information on admission requirements:


Applicants from Norway or Nordic countries:

  • Application deadline: April 15th for admission to the autumn semester
  • Application code: 6002


International applicants/Applicants from outside the Nordic countries:

  • Application deadline: December 1st for admission to the autumn semester
  • Application code: 2018


Are you an international applicant? Read more here

A combination of teaching and assessment forms is used including lectures, seminars and self-study projects.

The language of instruction and all syllabus material is English.

A Master's Degree in Economics qualifies graduates for positions in research institutions, public administration, organisations and private companies. Economists work in many fields: within management, financial management and planning, analysis of economic development and the effects of economic measures. There are also professional opportunities within media and education.
On successful completion of the Master's degree programme, students may be qualified for admission to a PhD-programme at UiT The Arctic University of Norway or elsewhere.

Students at the Master's Degree Program in Economics have good opportunities for taking parts of their studies abroad. For more information please visit the website «Utveksling - en verdifull opplevelse» (only in Norwegian) or contact the international coordinator at the BFE faculty - International coordinator.


Heidi M Hemmingsen

Outreach officer
Phone: +4777645236

Bli student ved UiT!

Student life - see the film

Film: Nikolai Schirmer, August Schirmer, Simon Øverås and Christian Gamst Helgesen. Music: Cazadores - Islands.

Experiences of former students

Kia Johanna Uuskartano

Bachelor's degree and Master's degree in Economics

I currently work for Norges Sjømatråd (the Norwegian seafood council). I started in Norges Sjømatråd as an intern in the autumn of 2013, but now have a steady job there as a system developer/analyst. I work mainly with market information and statistics. These days I am, amongst other things, working on a project where we develop new systems for market information and statistics related to the seafood industry.

I am originally from Finland, but moved to Norway in 2007. After having worked here in the north for a year, I wanted to study, and the School of Business and Economics at UiT became a natural choice for me. I think the School of Business and Economics offers a good range of studies within economics.

I enjoyed my time at the School of Business and Economics very much. I felt that there was a good connection between lecturers and students, and I received good help with both counselling and questions that arose during my studies. I was also involved with student organizations during my time at the School of Business and Economics and felt that I benefited a lot from this.