We are given the following information:
- Normality (N) = 0.02 N
- Volume of solution = 50 mL = 0.050 L
- Molar mass of oxalic acid = 126 g/mol
We know that normality \( N \) is related to molarity \( M \) by the equation:
\[
N = n \times M
\]
where \( n \) is the number of equivalents per mole. For oxalic acid (H$_2$C$_2$O$_4$), the number of replaceable hydrogen ions \( n \) is 2, because each molecule of oxalic acid can donate two protons (H$^+$) in a reaction.
Therefore, the molarity of the oxalic acid solution is:
\[
M = \frac{N}{n} = \frac{0.02}{2} = 0.01 \, \text{mol/L}
\]
Now, the amount of substance (in moles) present in 50 mL (0.050 L) of the solution is:
\[
\text{moles of oxalic acid} = M \times \text{Volume} = 0.01 \times 0.050 = 0.0005 \, \text{mol}
\]
Finally, to find the mass, we use the molar mass of oxalic acid:
\[
\text{mass} = \text{moles} \times \text{molar mass} = 0.0005 \times 126 = 0.063 \, \text{g} = 63 \, \text{mg}
\]
Thus, the mass of oxalic acid in 50 mL of the solution is:
\[
\boxed{63 \, \text{mg}}
\]