Requirements to Study Economics In Namibia

Who is an Economics?

Economics is the social science that studies how people interact with value; in particular, the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work.

These are the requirement to study Economics in Namibia

A candidate must have a Bachelor of Economics or an equivalent degree from UNAM or any other recognized institution of higher learning at the NQF level 8 or equivalent. A candidate must have a minimum of a Lower Second Class degree.

where to study Economics in Namibia;

• Bachelor. Economics. University of Namibia. Windhoek, Namibia.
• B.Sc. Economics. Namibia University of Science and Technology. Windhoek, Namibia.
• B.Sc. Agricultural Economics. University of Namibia. Windhoek, Namibia.

In order to become an Economist, you will have to obtain, at minimum, an undergraduate degree (3 years) majoring in economics, as well as an honours degree in economics (1 year). An Economics major can be done as part of a Bachelor of Social Science degree, a Bachelor of Commerce degree or a Business Science degree.

Frequently Asked Questions

Do you need math to study economics in Namibia?

We recommend that Economics majors take math at least through a multivariable calculus course. Linear algebra is a valuable skill that can be useful for econometrics and advanced theory courses, and it is also necessary if you want to consider graduate work in economics (see below).

What skills do you need to study economics in Namibia?

• thinking logically and critically.
• the ability to simplify complex issues and extract the relevant pieces of information.
• data analysis.
• written and spoken communication.
• problem-solving using your initiative.
• time management.
• commercial and cultural awareness.
• teamwork and interpersonal skills.

How much does an economist earn in Namibia?

A person working as an Economist in Namibia is typically earn at 537,981 NAD $37,000 USD in the year.

What kind of math is used in economics in Namibia?

Calculus is the most common type of math found in economics. Calculus includes the use of various formulas to measure limits, functions and derivatives. Many economists use differential calculus when measuring economic information.

Is economics a lot of math?

Economics majors are usually required to take one statistics course and one math course (usually an introductory calculus course). Fact is, at the undergraduate level at many colleges and universities, economics is not a very math-intensive course of study.

Is the math in economics hard in Namibia?

Economics maths is not tough, Economics is not a particularly hard major at the undergraduate level. The most prepared of economics majors, however, will choose to take mathematics classes on a level almost equivalent to a mathematics major, many would even double major.

Can I do economics if im bad at math in Namibia?

If you’re interested in this career but aren’t good at math, you might be concerned that economics isn’t an option for you. Economists do utilize math in their job, but that isn’t the only skill they use. You cultivate strong skills in all of these areas even if you are “bad” at math.

Is economics hard to study in Namibia?

Even though economics is a social science, it can be as difficult and demanding as any of the more challenging academic subjects, including math, chemistry, etc. To do well in economics requires time, dedication, and good study habits.

What is the benefits of studying economics in Namibia?

It’s a broad subject area that equips you with skills that are needed in a variety of sectors and professions. Economics helps us understand the world around us and how it really works. It also helps us to understand people, governments, businesses and markets and why they make the economic choices they do.

Why should you study economics in Namibia?

More broadly, an economics degree helps prepare you for careers that require numerical, analytical and problem solving skills – for example in business planning, marketing, research and management. Economics helps you to think strategically and make decisions to optimise the outcome.

Is economics a good career choice 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.

Is a BA in economics good in Namibia?

Students who receive a bachelor’s degree in economics have the chance to continue their education or start a full-time position. Careers in economics offer a wide selection of job titles and settings, making it possible to find the most suitable job for any graduate.

Is economics a science or math in Namibia?

Economics is generally regarded as a social science, which revolves around the relationships between individuals and societies. Critics argue that economics is not a science due to a lack of testable hypotheses and ability to achieve consensus.

What math is required for an economics degree in Namibia?

Although economics graduate programs have varying admissions requirements, graduate training in economics is highly mathematical. Most economics Ph. D. programs expect applicants to have had advanced calculus, differential equations, linear algebra, and basic probability theory.

What are the difference between micro and macro economics in Namibia?

Microeconomics focuses on supply and demand, and other forces that determine price levels, making it a bottom-up approach. Macroeconomics takes a top-down approach and looks at the economy as a whole, trying to determine its course and nature.