autumn 2014
SOK-2004 Risk and incentives - 10 ECTS

Application deadline

Applicants from Nordic countries:

1st of June 

Applicants from outside the Nordic countries:

15th of April

Type of course

This course can be taken as a singular course.

Admission requirements

Nordic applicants: Generell studiekompetanse

International applicants: Higher Education Entrance Qualification and certified language requirements in English.

A list of the requirements for the Higher Education Entrance Qualification in Norway can be found on the web site from the Norwegian Agency for Quality Assurance in Education (NOKUT). For language requirements we refer to NOKUT's GSU-list.

Application code: 9199 (Nordic applicants).

Course content

An intermediate course in microeconomic analysis concentrating on decision-making under uncertainty, analysis of risk, and reward systems.

Objectives of the course

Students who have successfully completed the course should have achieved the following learning outcomes:


Knowledge and comprehension:

  • Knowledge of how risk and uncertainty are modelled
  • Knowledge of how risk and uncertainty affect economic decision making
  • Knowledge and understanding of how economic actors are affected by incentives


  • To be able to analyse decision making under risk and uncertainty
  • To be able to analyse how incentives work in relation to the goals of a firm (corporate governance).


  • Ability to advise on decision making under uncertainty (for example investment or insurance decisions)
  • Ability to design an incentive system to achieve the aims of the unit or firm.



Language of instruction and examination


Teaching methods

Lectures and seminars


4 hours written examination at campus Tromsø.

A written assignment must be passed before students is eligible for the final examination.

There will be arranged a re-sit exam for this course.

Recommended reading/syllabus

Literature will be announced in Fronter at the beginning of term or may be obtained by contacting the bookstore Akademisk Kvarter (Tromsø).

Error rendering component

  • About the course
  • Campus: Tromsø |
  • ECTS: 10
  • Course code: SOK-2004
  • Tidligere år og semester for dette emnet