Master in Business - Economics BI Norwegian Business School

Overview

Economics is about understanding consumer behaviour, how markets and businesses work, and the role of public policy. You will dive into modern micro and macro theory, econometrics, data wrangling and visualisation, and learn how to simulate various economic models to understand the impact of policy. You will learn to critically assess the key modelling assumptions, how to confront the model with data, and translate findings into recommendations for business and policy, with consideration for society and sustainability. 

• Credential earned: Master in Business, major in economics
• FT ranking Master in Management 2025:  88
• QS ranking Master in Management:  45

You will learn to: 

• apply micro and macro models to analyse markets, competition, business cycles, and inflation 

• build, estimate, and validate econometric models (time series/panel) and manage data with programming tools 

• Use models and quantitative tools to simulate economic scenarios for policy and business decisions 

• assess causality and intervention effects, and deliver data-driven recommendations 

• Critically evaluate uncertainty, assumptions, and data limitations 

• communicate insights clearly to decision-makers in business and the public sector 

Career Possibilities

Economics graduates are sought after for their quantitative strength, economic reasoning, and problem-solving. In a world of shifting interest rates and cycles, rapid technological change, and the green transition, employers need people who can use data and models to understand what’s happening and make better decisions for firms and society. Examples of areas you can work in: 

• Economic analysis & forecasting – cycles, inflation, scenarios 

• Competition & market strategy (industrial organisation/pricing) 

• Monetary, macro & financial economics – banking/finance, central banking 

• Policy & regulatory analysis – impact assessments and evaluation 

• Econometrics & decision support – consulting, business intelligence 

Accreditation

BI Norwegian Business School is in the top 1% of business schools worldwide having achieved the Triple Crown of international business school accreditations.

Accredited by: EQUIS, AMBA, AACSB