Master of Science
Major in Economics
Ass. Dean
Per Botolf Maurseth
Per.B.Maurseth@bi.no
Room B4-011
Welcome to BI’s MSc program
• We are happy to have you here
• About major in economics
• We believe BI and the economics dept. has a lot to offer
• Internationally renowned faculty
• Inspiring, active and academically strong students
• Strong links to industry and public sector and the national and international
research community
• BI-alumni's form an important network
• The MSc study is demanding as well as rewarding
• Our candidates get very good jobs
From Bachelor to Master: how does the MSc
differ?
• Level of studies
• Higher level of abstraction
• More intensive
• Goes deeper
• Research-based teaching
• Courses thought by active researchers in the field
• Student involvement
• Organize your own learning environment
• Read, do exercises, form groups
• Participation in class expected
• Relevance
• Although more abstract, also more applied
From Bachelor to Master: how does
the MSc differ?
• Economics is interesting
• Major important topics
• Many topics from all types of human life
• Economics is demanding
• Requires effort
• Ecnomics is rewarding
• Our students get good jobs
• Economics is fun
Required courses
• Core courses, 4 courses (30 credits)
• Mathematics, Business ethics, microeconomics, multivariate
statistics with econometrics
• Major economics 6 courses (36 credits)+ research
methodology
• Minor / free electives, 4 courses
• Minor: 3 courses from
• Other major
• Political economy innovation and entrepreneurship,
international management
• Alternatively only free electives
• May include course in international economics
Courses
• Major in Economics
• Study content
• First Year 2012/13
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Mathematics
Microeceonomics
Introduction to Advanced Macroeconomics
Multivariate Statistics with Econometrics
Economic Theory
Research Methodology
Applied Business Ethics
Topics in Macroeconomics
Industrial Economics
Monetary and Fiscal Policy
• Second Year 2013/14 Major
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International Economics
Labour Economics
• Second Year 2013/14 Minor/Free Electives
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Minor/Free electives to be chosen as advised in the student handbook
• Master Thesis
Master thesis
• Total of 30 credits
• Collaboration
• From start to end
• Start to think about possible topics ASAP
• April first year: First thesis seminar with presentation of
faculty and potential thesis topics
• May 2th, deadline for thesis proposal
• January second year: Deadline for preliminary thesis report.
• Early February second year: Thesis seminar
• September: Deadline for submission.
• Type of thesis
• Theoretical or empirical thesis?
• Macroeconomics: empirical analysis of macroeconomic
trends
• Microeconomics:
• Market analysis
• Whatever you want to analyze
• Use of economic theory, methodology and thinking
• Demonstrate that you have acquired skills to analyze
problems in proper academic manners.
Master Thesis
Some recent topics:
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Googeling the future
Does the central bank react to bubbles in the housing market?
Subrime loans and the credit crisis
Competition among dentists
The economics of private labels
FDI and development
Patents and development
Oil and the Norwegian economy
The housing market
The oil curse.
Do people vote according to their economic private interests?
Double degree
• All majors
• Católica Lisbon School of Business and Economics,
Portugal
• Queen's University, Canada
• EDHEC Business School, France
Internship
• Internship as a minor allows you to gain real-world
experience by participating in the activities of the selected
company.
• Offered to a selected number of students during the 3rd
semester of the programme.
• Pilot project 2011
People
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Economics (micro, macro, political economy)
Econometrics /statistics and mathematics
Ph.D students
Part time faculty
Research centers at the department
• Center for Monetary economics (CME)
• Center for Research in Economics and Management
(CREAM)
• Center for Applied Statistics (CAS)
• Center for Applied Macroeconomic Research
Dates and events
• In Sept/Oct: Student-faculty meeting for first and second
year master students
• Thesis proposal: May 2th