Economist Salaries In Namibia

Who is An Economist?

An economist is a practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. A person working as an Economist in Namibia is typically earn at 537,981 NAD $37,000 USD in the year.

Frequently Asked Questions

Are economists in demand in Namibia?

Employment of economists is projected to grow 14 percent from 2019 to 2029, much faster than the average for all occupations. The increasing complexity of the global economy and a more competitive business environment also are expected to support demand for economists.

Is economist a stressful job in Namibia?

Economists. Economists have a job stress score of 15.60 [most stressful job is 71.59]. Economists are focused on reducing costs, forecasting future economic conditions pertinent to the company/organization, improving sales, marketing, and maintaining the money flow within the company, in positive balance.

Are economists intelligent in Namibia?

Probably even smarter – only physics, math, and c.s. have higher average GRE scores. We even beat electrical engineers. Sorry, dad, but facts are facts. Nevertheless, the fact that economists are smart is much less important that the fact that smart people think like economists.

Is a BA in economics useless in Namibia?

It isn’t useless unless you choose to not use it. Economics is one of those degrees where your school matters a lot. A straight econ major doesn’t really do that. Also, like another user said, plan on grad school if you want government jobs or just to be in high level positions.

Is economics a high paying job in Namibia?

Before you start considering what crazy lucrative job you are going to get with your economics degree, consider this fact: a lot of rich people don’t like their money. An investigation from Good Call found the third most likely degree millionaires have is one in economics, behind engineering and an MBA.

Is there a lot of math in economics in Namibia?

Math and statistics are used in economics, but at the undergraduate degree level, the math and statistics are certainly not overwhelming. Economics majors are usually required to take one statistics course and one math course (usually an introductory calculus course).

Is economics a dying field in Namibia?

Its more of an evolving field rather than a “dying” field. Advancements in technology has opened up new methods for economic testing (econometrics) along with the new industry of big data. Economics is not a good fit for you.

Is economics a good career in Namibia?

Yes, it is a good career. An economics graduate will have some unique and highly sought after skills and in most cases, employment prospects are good. A lot of professionals in banking and accountancy hold economics degrees. For any career related to finance, an economics degree is a good foundation to build on.

Are economics students smart in Namibia?

Both economics and STEM majors require a level of intelligence that is higher than that required in other majors, such as the humanities. Both economics and STEM majors require a level of intelligence that is higher than that required in other majors, such as the humanities.

Do people regret studying economics in Namibia?

Some economics grads warn that while the degree provides a strong theoretical groundwork, it fails to give a strong set of skills that can be used post-college.

Is economics a waste of time in Namibia?

As with many degrees, economics can help you learn great research, analysis, and problem-solving skills. At the end of the day though, what counts is whether you’re actually passionate and interested in Economics. It will only be a waste of your time if you’re not truly interested in it.

Is economics the highest paying degree in Namibia?

As well as economics, engineering, computer science and medicine were among the top earners. The report also reveals the impact that the university you attend will have on your future earnings, with some institutions’ graduates earning far less in certain subjects.

Is an economics degree hard in Namibia?

GETTING an economics degree is not hard, truly UNDERSTANDING economics is hard. If you really want to make the most of your economics degree, take classes that are math intensive so you can see how math can be applied to real world problems, instead of just abstract theory. If there is an econometrics class take it.

What is the highest degree in economics in Namibia?

The Master of Economics (MEcon or MEc) is a postgraduate master’s degree in economics comprising training in economic theory, econometrics, and/or applied economics.

Is economics harder than finance in Namibia?

Economics is harder than Finance. Finance involves learning a mix of Economics and some Accounting. Economics uses more advanced math (algebra, calculus, differential equations) to explain more complicated scenarios and processes. However, the level of difficulty does depend on your interest and skills.

Is economics harder than accounting in Namibia?

Accounting is harder to learn than Economics. If you choose to study both Economics and Accounting you will have a good understanding of markets from an Economic perspective, and also have some tangible skills that you can apply in business from your accounting background.

Should I study Economics if I’m not good at math in Namibia?

Simple answer – no. If you are not good at math, economics is not for you either. However if you like economics so much, that should motivate more interest in math.

What math do economists use in Namibia?

The types of math used in economics are primarily algebra, calculus and statistics. Algebra is used to make computations such as total cost and total revenue. Calculus is used to find the derivatives of utility curves, profit maximization curves and growth models.