Master Environmental and Development Economics

  • On Campus
  • 24 months
  • Free (EEA

    European Economic Area tuition fee is applicable to the students from EU countries, Iceland, Liechtenstein, Norway and Switzerland.

  • English ( Take IELTS test or Find a course )
| Oslo, Norway
The Master programme in Environmental and Development Economics at the University of Oslo is a degree in economics offered by the Department of Economics at the Faculty of Social Sciences. The programme leads to the title Master of Philosophy in Environmental and Development Economics.



The Master programme in Environmental and Development Economics at the University of Oslo is a degree in economics offered by the Department of Economics at the Faculty of Social Sciences. The programme leads to the title Master of Philosophy in Environmental and Development Economics.

The Master Programme in Environmental and Development Economics gives you the possibility to study economics at a high academic level. In addition to the programme courses in environmental economics, resource economics and development economics, the programme has mandatory high-level courses in mathematics, statistics/econometrics and microeconomics as well as 3-4 optional courses. In addition to nine courses, completion of the programme also requires a supervised master's thesis and a final comprehensive oral exam.

The programme is a two-year, full time degree in economics, which is taught entirely in English.

The Department of Economics' range of optional courses comprises inter alia the following:

  • Decisions, markets and incentives/Strategic
  • Game theory and economics of information
  • Economic of the firm
  • Economic systems, institutions and
  • Consumption, investment and pensions
  • Monetary policy and business fluctuations
  • Open economy macroeconomics
  • International trade/International credit and financial
  • Portfolio choice and equilibrium models/Option theory with
  • Various advanced econometrics courses

The Environmental and Development Programme, which started in 1997, has mostly non-Norwegian students, including the Departments exchange students from Fudan University (China), St. Petersburg State University (Russia) and Mekelle University (Ethiopia), and self-funded students from many countries.

Detailed Course Facts

Start dates and application deadlines

Started in

    Deadline was:
  • ( International

    Deadline applies if you do not have the same nationality as the university.


Dates reflect the university's timezone.

Tuition fee
  • Free ( EEA

    European Economic Area tuition fee is applicable to the students from EU countries, Iceland, Liechtenstein, Norway and Switzerland.

Credits (ECTS) 120 ECTS
Duration full-time 24 months
Delivery mode On Campus
Educational variant Full-time

Course Content

The programme encompasses 9 courses in total (each of 10 credits) together with a master's thesis (30 credits), in which five courses are compulsory and four courses are optional. The compulsory courses will give the students a solid base in macro- and microeconomics, as well as in mathematics and econometrics. A normal work load per semester is three courses on each 10 credits (30 credits), but it is allowed to take more than these three courses. The programme starts in the autumn term (August).

The first semester. The first semester comprises three compulsory courses:

  • ECON4145 Mathematics 3: Differential equations and dynamic optimization (discontinued)

  • ECON4135 Applied Statistics and Econometrics

  • ECON4235 Microeconomic Theory

These three courses have to be passed to be able to continue on the programme. If a student fails in any of those exams at the first attempt, a new attempt will be allowed in the beginning of the following semester (the general rule of three attempts does not apply for these three courses).

The second semester. In the second semester the student can choose the fourth and the fifth compulsory course: ECON4910 Environmental Economics and ECON4915 Development Economics (these two courses are ONLY arranged in the spring semester), and one optional course.

Alternatively it is possible to choose the fourth compulsory course this semester in addition to two optional courses, and the fifth compulsory course ECON 4925 Resource Economics next semester.

The third semester. An alternative is to take the fifth compulsory course, ECON4925 Resource Economics, in the third semester and one optional course, in additon to start working on the thesis ECON 4090

If the fourth and the fifth compulsory course are already chosen, the option is to choose two optional courses in addition to start working on the thesis.

The fourth semester. The fourth and last semester the student can take one optional course in addition to completing the thesis. At the end of the programme an oral exam will be held. The oral exam covers in principal the topics of all courses as well as the thesis.


The Department of Economics welcomes highly qualified students with a Bachelors's degree in Economics or equivalent from abroad as well as from Norway.

Admittance requires a working knowledge of elementary calculus of one and several variables and linear algebra. Concepts such as partial derivatives, Lagrange's method for constrained optimization, implicit differentiation, determinants and matrix inverses will be assumed known. It also requires a working knowledge of elementary statistics/econometrics with emphasis on modeling and inference, including concepts such as probability distribution, parameter, estimator, p-value, confidence interval and linear regression.


Admission to master's degree studies requires:

  • Higher Education Entrance Qualification and a completed bachelor's degree comparable to a Norwegian bachelor's degree. Applicants with foreign education, please refer to the country list.

  • a specialization defined by the programme

  • a minimum grade average of C (in Norwegian scale) or equivalent from the specialization in your degree.

  • a language requirement documented by one of the tests/exams below:

    a) Passed examination in English foundation course (140 hours/5 periods per week) in Norwegian upper secondary school with a minimum grade of 4 (or an equivalent grade from a Nordic upper secondary school) or alternatively passed examination in English from second and/or third school year, or

    b) An internationally recognised English language proficiency test.

Academic admission requiremnts for the 2-year Master's programme in Environmental and Development Economics:

At least one and a half years (90 ECTS-credits) of your three-year bachelor's studies must be in economics including mathematics as well as fundamentals of probability calculus and statistics. You must possess a bachelor's degree which includes the following requirements:

10 ECTS-credits in mathematics
10 ECTS-credits in statistics and methods
At least 70 ECTS-credits in economics, but the total amount
of courses in economics, mathematics and statistics and methods must amount to 90 ECTS-credits. Among the courses in economics, at least 50 ECTS-credits must be within microeconomics and macroeconomics, with at least 20 ECTS-credits in each of these categories

You must also provide an official explanation of the
grading and credit system at your university. Preferably your credits should be translated into ECTS-credits. Moreover, you must also provide us with an overview of your score compared to your peers at your university; i.e. are you
among the 30% best of your peer graduates, or among the 50% best etc.?

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University of Oslo

Oslo, Norway

Norway The University of Oslo is the oldest and largest university in Norway, situated in the Norwegian capital of Oslo. The university was founded in 1811 as The Royal Frederick University and was modelled after the recently established University of Berlin. It was originally named after King Frederick of Denmark and Norway and received its current name in 1939.

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