The MSc in Economics (MSc) is a flagship programme of the Department of Economics in the Faculty of Social Sciences. The programme, is part of a Collaborative Masters Programme (CMAP) under the African Economic Research Consortium (AERC), which has participation from 26 other Universities in 21 Anglophone and Francophone countries in Africa.
The programme aims to provide students with training in modern theories and techniques in economics. By the end of the course, students should be able to use and critique economic toolbox (models, data, & narrative) and also apply the scientific process to economic phenomena.
The programme is therefore designed to prepare students for further academic research or graduate study as well as for work as professional development economists in business and government.
The MSc in Economics is a two-year full-time. One academic year has two semesters, and each semester has 15 weeks of teaching and learning.
In the first year of study, students take 5 core courses per semester. The core courses include:
- Microeconomic Theory,
- Macroeconomics Theory,
- Mathematical Methods
- Econometric Theory
- Policy Analysis and Impact Evaluation
In the second year, students take four elective courses, and write a thesis which is linked to the elective courses. The elective courses may include:
- Health Care Financing and Policy
- Labour Market Policy and Analysis,
- Financial Markets and Regulations
- International Trade and Finance
- Public Sector Economics
- Asset Pricing and Portfolio Management
- Time series Econometrics
- Micro-econometrics and Panel Data
For the award of the degree in MSc in Economics, a student must have passed all courses (core and electives) and the thesis.
Admissions into the MSc in Economics are made once in a year (i.e., from March to May), and the academic year starts in August.
A minimum qualification for admission is
- a successful completion of a bachelor’s degree in economics (at least a second class second division) or
- an equivalent degree in level and content from a recognized institution of higher learning
An undergraduate major in economics is not required, but students with deficiencies in economic theory, mathematics and statistics, may be required to make up such deficiency, prior to entry into the program.
Students in their final year of bachelor’s studies who lack necessary documentation of completed degrees can be offered conditional admission, if they
- provide an official transcript for all completed years
- submit a letter from their university certifying that they are registered students in their final year.
For the 2021/2022 academic year, fees for MSc in Economics are as follows:
- Local & SADC students: M30 460
- International Students: M40, 650
- Accommodation M11, 800
Direct Deposits/Internet Transfers/Cash Payments of fees shall be made to the NUL Standard Lesotho Bank Account No. 9080000439467 and proof of payment must be presented to the relevant section of Finance.
Fees are payable in full or in instalments, on or before the beginning of the academic year’s registration
The Department of Economics may provide limited financial support to outstanding registered graduate students primarily through teaching and research assistantships. Terms and Conditions Apply.
Enquiries and/or Applications the assistantships should be submitted to the Head of the Department (email@example.com) or 5221 3585.
Submit your application to:
Postgraduate Studies Office
National University of Lesotho
Tel: +266 5221 3815
+266 5221 3809
APPLICATIONS CLOSE: JUNE 25, 2021