Abstract. Let Fq (q = p ) be a finite field. In this note the number of irreducible polynomials of degree m in Fq[x] with prescribed trace and norm coefficients is calculated in certain special cases and general bounds for that number are obtained. As a corollary, sharp bounds are obtained for the number of elements in Fq3 with prescribed trace and norm over Fq improving the estimates by Katz. ...