Learn Danish: Hun studerer historie.

Yes! In Danish, the verb at læse (to read) is very commonly used to mean studying a subject at a university. Saying Hun læser historie means exactly the same thing and is often even more natural in everyday speech.

Does the word historie mean 'story' or 'history'?

It means both! Depending on the context, historie can refer to a fictional tale (a story) or the academic subject of past events (history). Here, the verb studerer makes it clear that it refers to the academic subject.

Why is there no article like en before historie?

When naming academic subjects or fields of study in Danish, you do not use an indefinite article. You just use the bare noun, exactly like we do in English when we say she studies history instead of she studies a history.

How is the end of the word historie pronounced?

The -ie ending is pronounced as two quick, soft vowel sounds, roughly sounding like 'ee-uh'. It is not a silent 'e', and it does not sound like the 'y' at the end of the English word history.