Economics, M.Sc. | University of Namibia | Windhoek, Namibia
24 months
1810 USD/year
460 USD/year
Tuition fee
Apply date
Start date


The Master of Science in Economics offered by the Economics Department at University of Namibia was upgraded to a collaborative Masters programme in Economics, under the coordination of the African Economic Research Consortium (AERC), based in Nairobi, Kenya


The Economics programme consists of three phases: the first phase is coursework, which covers the core modules and selected electives offered at University of Namibia; the second phase is the set of electives offered through a Joint Facility for Electives (JFE) in a country chosen by the AERC’s Academic Board; and the final phase involves theses to be conducted after completion of coursework, including the electives offered at the JFE. 


The collaborative Master’s programme aims to assist participating universities in training economists in advanced theory and methods, mainly for policy analysis and economic management within government, but also for employment in the private sector. It aims also to provide the foundation for students to pursue more advanced studies at the doctoral level, mainly for employment in universities and research institutions. 

To these ends, the collaborative programme aims to help develop Masters programmes in Economics in African universities that meet international standards, which are relevant to the unique circumstances of African economies, and which can eventually be sustained with local resources. 

Who is this programme for

The programme is designed for graduates with a strong interest in economics, with the aim of strengthening skills in quantitative methods and econometric techniques needed for advanced studies in economics, research and the academic profession. The programme is also suited for professionals in the private and public sectors since these sectors need economic tools to analyse risks from different perspectives. 

The main objective of the program is to build capacity, particularly for the Economics Department at UNAM, as well as for the Namibian economy, since there are limited qualified professionals in the field of economics in the country

Programme Structure

Courses include:

  • Advanced Microeconomic Theory 
  • Advanced Macroeconomic Theory 
  • Advanced Mathematical Economics
  • Academic Writing for Post Graduate Students
  • Advanced Applied Econometrics
  • Research Methodology and Computer Applications 

Key information


  • Full-time
    • 24 months

Start dates & application deadlines




264 alternative credits


On Campus

Academic requirements

We are not aware of any academic requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Other requirements

General requirements

  • A student 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 student must have a minimum of a C grade average (Lower Second Class degree)
  • All applications will be reviewed and shortlisted by a committee of the Department of Economics at UNAM
  • Prospective students may be interviewed by the Departmental Committee if deemed necessary. 
  • The School of Postgraduate Studies will determine eligibility of a student
  • Radiological Report
  • Deed of Surety Form
  • Medical Certificate (original)
  • Two (2) Passport size photos
  • Admission letter from UNAM
  • Proof of Registration from UNAM
  • Proof of accommodation in Namibia
  • Completed main application form and visa form
  • Police Clearance from home country (compulsory)
  • Reasons for studying in Namibia (write one paragraph)
  • Proof of medical aid/ insurance (valid and active)*.

Tuition Fee

To alway see correct tuition fees
  • International

    1810 USD/year
    Tuition Fee
    Based on the tuition of 905 USD per semester during 24 months.
  • National

    460 USD/year
    Tuition Fee
    Based on the tuition of 230 USD per semester during 24 months.
  • Namibian students: 3500 N$ per semester
    • Non SADC students: 13800 N$ per semester

Living costs for Windhoek

10175 - 12578 NAD /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

University of Namibia
University of Namibia


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