Main subject areas
Market theory
Social economics 1
The main subject area Market theory is concerned with how prices are decided in a market, and how prices and converted amounts depend on consumer demand and business supply of goods and services. Market theory is concerned with the formation of prices in a market for perfect competition. In addition, the subject is concerned with the market's possibilities and limitations.
Social economics 2
The main subject area Market theory is concerned with how prices and converted amounts depend on the consumer demand and business supply of goods and services. Market theory is concerned with the establishment of prices in a monopoly market structure and with the different forms of imperfect competition. The main subject area is also concerned with the different forms of price discrimination.
National accounts and economic growth
The main subject area National accounts and economic growth is concerned with measuring central economic totals, national production and growth, and how production is applied. The subject is also concerned with the role of the public sector in value creation. The main subject area is concerned with factors that stimulate economic growth in society, and how the public sector can assist in growth.
The labour market and unemployment
The main subject area Labour market and unemployment is concerned with theories for how unemployment arises and what kind of economic policies can counteract unemployment. The subject also considers the factors that influence the establishment of salaries, and what factors can cause wage disparities within a society.
Price inflation and monetary policy
The main subject area Price inflation and monetary policy is concerned with the many causes of price inflation. The subject discusses what monetary policies are and how these influence price inflation and the economy in general. The significance of the capital market for the economy is a central theme in the subject.
Distribution of income and environmental problems
Social economics 1
The main subject area Distribution of income and environmental problems is concerned with how income is distributed internally in each country and between countries, and which means and measures authorities can use to influence the distribution of income. The subject also is concerned with what can be done to achieve economic growth in poorer countries. The main subject area also is concerned with indirect influences of production and consumption, and measures that can contribute to counteracting environmental problems.
Social economics 2
The main subject area Distribution of income and environmental problems is concerned with the relationship between economic activity and environmental problems. The many different opinions and concepts of sustainable development are a central theme in the subject. The main subject area also is concerned with central economic problems associated with poor and rich countries.
International economics
Social economics 1
The main subject area International economics deals with the causes and effects of international trade. It also is concerned with the consequences of increasing international trade, fluctuating and fixed exchange rates and the affects of changes to the exchange rate.
Social economics 2
The main subject area International economics is concerned with why countries trade with one another, and how trade is influenced by – among other things – international agreements and rates of exchange. The main subject area is also concerned with central economic problems associated with Norway's relationship to the World Trade Organization (WTO) and the European Union (EU).
Economic growth
The main subject area Economic growth is concerned with the possible sources of economic growth and the various means available to create economic growth.
Unemployment and economic policy
The main subject area Unemployment and economic policy is concerned with the various causes of unemployment and what kinds of economic policies might counteract unemployment. The main subject area is also concerned with how economic policy influences the economy.
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