Diego Simeone's side prepared for their quarter-final second leg in the Champions League against Leicester with a dominant display to keep themselves ahead of Sevilla in the battle for third place.
Antoine Griezmann was rested ahead of the match on Tuesday but Carrasco scored twice either side of half-time, with a drive into the bottom corner and a header from a Nicolas Gaitan cross, before Filipe Luis added a third on 64 minutes to grab all three points.
Atleti then missed two penalties in a bizarre end to the game. First, goalkeeper Salvatore Sirigu brought down Correa only to save the resulting spot-kick from Carrasco.
He then kept a second out from Thomas Partey when Osasuna substitute Miguel De las Cuevas handled in the box.
Read the full article on eurosport.co.uk: Carrasco hits double as Atletico cruise to victory over Osasuna