Odd Aukrust was a Norwegian economist.

He was born in Tynset

Tynset

Tynset is a municipality in Hedmark county, Norway. It is part of the traditional region of Østerdalen. The administrative centre of the municipality is the village of Tynset.-Name:...

, as the brother of writer and humorist Kjell Aukrust

Kjell Aukrust

Kjell Aukrust was a Norwegian author, poet and artist. He was the nephew of Olav Aukrust. He is most famous for his memoirs of his childhood in Alvdal in the books Simen, Bonden and Bror Min, and his creation of the fictional Norwegian village of Flåklypa and its cast of idiosyncratic characters...

.

He studied political economy

Political economy

Political economy originally was the term for studying production, buying, and selling, and their relations with law, custom, and government, as well as with the distribution of national income and wealth, including through the budget process. Political economy originated in moral philosophy...

 at the University of Oslo

University of Oslo

The University of Oslo , formerly The Royal Frederick University , is the oldest and largest university in Norway, situated in the Norwegian capital of Oslo. The university was founded in 1811 and was modelled after the recently established University of Berlin...

 under Ragnar Frisch, and graduated in 1941. He was influenced by Keynesian economics

Keynesian economics

Keynesian economics is a school of macroeconomic thought based on the ideas of 20th-century English economist John Maynard Keynes.Keynesian economics argues that private sector decisions sometimes lead to inefficient macroeconomic outcomes and, therefore, advocates active policy responses by the...

. He published the notable analysis Hva krigen kostet Norge with Petter Jakob Bjerve

Petter Jakob Bjerve

Petter Jakob Bjerve was a Norwegian economist, statistician and politician for the Labour Party. Prominent positions include director of Statistics Norway from 1949 to 1980, Norwegian Minister of Finance from 1960 to 1963, and president of the International Statistical Institute from 1971 to...

 in 1945, and took the dr.oecon. degree in 1956. From 1953 to 1984 he was Director of Research at the Statistics Norway

Statistics Norway

Statistics Norway is the Norwegian statistics bureau. It was established in 1876.Relying on a staff of about 1,000, Statistics Norway publish about 1,000 new statistical releases every year on its web site. All releases are published both in Norwegian and English...

 bureau.

He died in Kolbotn

Kolbotn

Kolbotn is the centre of Oppegård, Norway. The population is about 6,000.Kolbotn has several elementary schools, four middle schools and a high school.The Norwegian black metal band Darkthrone formed there in 1986....

at the age of 92.