My name is Gylfi Magnússon.

This is my English homepage.


Íslensk heimasíða.

I am a professor at the School of Business at the University of Iceland.

I am married to Hrafnhildur Stefánsdóttir and we have five children, born in 1998, 2001 and 2003 and twins in 2007.

I was an undergraduate student at the University of Iceland in 1986-90 and then got my Ph.D. in economics from Yale in 1997. I have been with the University of Iceland since 1996. I was a researcher at the Institute of Economic Studies from 1996 until 1998 and an adjunct professor from 1997 until 1998, when I became an associate professor.  I served as the Head of the Department of Business Administration (2000-2004) and as Dean of the Faculty of Economics and Business Administration (2004-2007). I am currently the Dean of the School of Business.

I was on leave from the University from February 1st 2009 until September 2nd 2010 while I served in the Icelandic cabinet, first as Minister of Business Affairs and then as Minister of Economic Affairs.

I have diverse research interests and have written on migration patterns, labour economics, micro- and macroeconomics, finance and game theory. I have also written two textbooks, one on introductory economics and one on portfolio theory. I wrote my dissertation on migration in Iceland. The methodology was based on recent developments in explaining how individuals and companies make decisions that involve non-refundable investments in a changing environment.

I taught high-school students in 1988-90, undergraduates and master's students at Yale in 1992-95 and have taught at the University of Iceland since the fall of 1996. I mainly teach micro-economics and finance.

I have done consulting work for several companies and institutions in Iceland, mainly on competition and antitrust matters or finance.  I have also served on the boards of several companies or institutions and been the chair of Iceland's competition authority.


 If you need to contact me, send me e-mail at gylfimag@hi.is. The regular mail address is:

Gylfi Magnússon
School of Business
University of Iceland,

Reykjavík, ICELAND


My phone number is +354 525 4572.

Here is my CV.

Gylfi Magnússon

Last updated July 1st 2020