NAMIBIA UNIVERSITY OF SCIENCE AND TECHNOLOGY

HAROLD PUPKEWITZ GRADUATE SCHOOL OF BUSINESS

INDIVIDUAL MICROECONOMICS ASSISGNMENT
Lecturer: Prof Tafirenyika Sunde

QUESTIONS

The purpose of fiscal and monetary policies is to address the short-term and long-term
challenges an economy faces, such as low economic growth, high unemployment, and
inflation, among others. a) Conduct desk research on the Namibian economy and explain why
the country's economic policies have failed to address its unemployment problem. b) Discuss
the socioeconomic challenges society faces as a result of Namibia's high unemployment rate.
(c) What policy recommendations would you make to policymakers in Namibia to address the
issue of unemployment?