Norwegian University of Life Sciences (NMBU)

24 months
Tuition fee
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This Master of Science in Economics at Norwegian University of Life Sciences (NMBU) makes economists well suited to work on issues in environmental policy, energy systems, development aid, enterprise development, trade policy and general economic policy. 

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This Master of Science in Economics at Norwegian University of Life Sciences (NMBU) consists of some required theory and methods courses and the option to choose a specialization in one or more sub-disciplines in economics, such as:

  •  Environment, Climate and Energy Economics - Environment and Climate Oriented
  •  Environment, Climate and Energy Economics - Energy Oriented
  • Development and Global Change
  • Financial and Commodity Market Analysis
  • Agri-Food Markets
Each specialization has a set of required core courses that can be supplemented with electives from organizational sciences and business management. Alternatively, you can choose a general program with a more interdisciplinary profile, by selecting electives from other faculties at NMBU such as in natural sciences, technology or other social sciences to tailor your education to your special interests. The completion of the degree culminates with the submission of a thesis and the successful oral defense of the work.Some examples of topics analysed in the programme: • How to integrate environmental effects in economic analysis of ecosystem management, air and water pollution, and climate change. • How to combine economic growth and environmental protection - both at the firm level and at the national level. • How to design and implement international treaties, for example on climate issues.  • How to reduce poverty and manage natural resources to increase human well-being without compromising resources or the environment. • How to organize energy markets to avoid monopolies and market manipulation. • How to analyze consequences of international trade agreements; and• How to explain why food, energy and other commodity prices are so volatile.

Programme Structure

Courses include:
  • Mathematics for Economists
  • Economics of Sustainability
  • Macroeconomics
  • Econometric methods
  • Econometrics 
  • Research Methods in Economics

Key information


  • Full-time
    • 24 months

Start dates & application deadlines


IELTS or TOEFL needed


120 ECTS


On Campus

Academic requirements

GPA admission requirements GPA Your GPA, or Grade Point Average, is a number that indicates how well or how high you scored in your courses on average. Usually a GPA scales between 1.0 and 4.0, however different countries and universities can have different grading systems.
GMAT admission requirements GMAT The Graduate Management Admission Test (GMAT) is a test intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA. GMAT contains 4 sections - Analytical Writing Assessment, Integrated Reasoning, Quantitative and Verbal. The score has a range from 200 - 800.

English requirements

IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
7 (required)
TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at desiganated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
92 (required)
PTE Academic admission requirements PTE Academic PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. The score refers to a total score which ranges between 10 and 90.

Other requirements

General requirements

  • Bachelor degree in economics or similar.
  • Copy of foreign passport or ID   card
  • Documentation of upper secondary school
  • Documentation of higher education
  • Courses to be completed
  • Translations
  • Documentation of English language proficiency
  • Documentation of financing

Tuition Fee

  • International

    Tuition Fee
    Based on the original amount of 0 EUR per year and a duration of 24 months.
  • EU/EEA

    Tuition Fee
    Based on the original amount of 0 EUR per year and a duration of 24 months.


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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Norwegian University of Life Sciences (NMBU)