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University of the Philippines School of Economics

Since its establishment in 1965, the UP School of Economics (UPSE) remains the leading institution in the Philippines that provides rigorous training in economics, policy, and development studies through its undergraduate and graduate degree programs:

  • Bachelor of Science in Economics
  • Bachelor of Science in Business Economics
  • Master of Arts (Economics)
  • Master in Development Economics
  • Doctor of Philosophy (Economics)

Many of the prime movers in national and local government, business, civil society, international organizations, and academia obtained their formal economics education from UPSE. In addition to excellent economics instruction which is handled by the Department of Economics, research and extension are the other two important pillars of UPSE. The Economics Research Center coordinates the research programs of the School, while the Public Affairs Office organizes various extension, training, and public service activities.

News & Announcements

UPSE-PCED Friday Seminars – 22 Aug 2025

Dr. Karl Robert Jandoc is an Associate Professor in Economics and a UP Scientist at the University of the Philippines. He finished his PhD in Economics from the University of Hawaii. His fields include theoretical and applied microeconomics, resource, development, environmental and energy economics. He has published in both theoretical and applied economics in international peer-reviewed journals such as Energy, International Journal of Game Theory, Games, Journal of Child & Adolescent Substance Abuse and others. He was a consultant in projects funded by various Philippine government agencies, USAID, Asian Development Bank, and the World Bank.

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The New UPSE Website is Now Live!

We are excited to welcome you to the SOFT LAUNCH of the newly redesigned website of the University of the Philippines School of Economics (UPSE)! We invite you to explore and share your thoughts as we continue to improve UPSE’s new digital home. This is more than just a new look; it is a renewed effort to make economics and education more open, engaging, and responsive. We’re glad you’re here!

We appreciate feedback for a better UPSE Website. Please visit this link for comments and suggestions.

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UPSE-PCED Friday Seminars

 

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Dr. Benjo A. Delarmente joins UPSE

The UP School of Economics welcomes Dr. Benjo A. Delarmente who will be joining the School as an Assistant Professor starting the First Semester of Academic Year (AY) 2025-2026. We look forward to Dr. Delarmente’s contributions to teaching, mentoring, and research, especially in the field of health economics and policy. We highly encourage interested students to enlist in his offered courses.

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Advisories

Validation of Econ 11, Econ 101, and Econ 102 taken in other UP campuses; Crediting of courses taken in previous degree program

UPSE UG Advisory No. 2025-03 – Registration Reminders for Sem 1, AY 2025-2026

UPSE UG Advisory No. 2025-02 – Updated UPSE Rules on Scholastic Delinquency

UPSE Undergraduate Advisory No. 2025-01 – Registration Reminders for Sem 2, AY 2024-2025

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Research

Philippine Review of Economics

June 2025 (Volume 62 No. 1)

The June 2025 issue of the Philippine Review of Economics (PRE) is out now!

  1. Consumer profiling, price discrimination, and consumer privacy by Renz Venielle Lamayo
  2. Forecasting currency in circulation with the central bank balance sheet by Adrian Matthew Glova, Roy Hernandez
  3. Impacts of access to electricity on employment and household income growth in Cambodia by Asami Takeda, Jonna Estudillo
  4. Do cash transfers mitigate risks and crowd out informal insurance? Evidence from a randomized experiment in the Philippines by Angelica Maddawin, Kazushi Takahashi
  5. Pulling up from the depths of poverty: Do the Pantawid Pamilya cash transfers to the poor reduce their consumption expenditure shortfalls? by Joseph Capuno
  6. A macroeconomic perspective on economic resilience and inclusive growth in the Philippines by Maria Socorro Gochoco-Bautista
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December 2024 (Volume 61 No. 2)

The December 2024 issue of the Philippine Review of Economics (PRE) is out now!

  1. Philippine industrial policy? Why not? by Manuel F. Montes
  2. Industrial policy and complexity economics by Josef T. Yapa and John Faust M. Turla
  3. Mapping feasible routes towards economic diversification and industrial upgrading in the Philippines by Annette O. Balaoing-Pelkmans and Adrian R. Mendoza
  4. Industrial policy for innovation: why does it matter? by Rafaelita M. Aldaba and Fernando T. Aldaba
  5. Exploring the prospects of services-led development for the Philippines by Ramonette B. Serafica
  6. Natural gas and transitioning to renewable fuels: considerations from industrial policy by Dante B. Canlas and Karl Robert L. Jandoc
  7. How might China-US industrial policies affect the Philippines?: a quantitative exercise by Ma. Joy V. Abrenica and Anthony G. Sabarillo
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Publications

More Than (2022)

More Than is the only coffee table book of the UP School of Economics produced by an editorial team  composed of the alumni, faculty and staff of the School.

Agricultural Development in Asia and Africa: Essays in Honor of Keijiro Otsuka (Springer Open, 2023)

This book explores the Asian agricultural and rural development and assesses the extent to which the Asian experience is replicated in contemporary Africa. - by Jonna P. Estudillo, Yoko Kijima,…

Nuances in the effect of types of intimate partner violence on aspects of child development: Evidence from the Philippines

Nuances in the Effect of Types of Intimate Partner Violence on Aspects of Child Development: Evidence from the Philippines – by Arjay Julio, Karizza Gem Reopta, & Karl Robert Jandoc, published…

The Economy Fifty Years since Martial Law: Changing Landscapes, Unchanged Views

Twenty-two writers expound on martial law and its long-term effects on the country. "The Economy Fifty Years since Martial Law: Changing Landscapes, Unchanged Views" by Dr. Emmanuel S. de Dios,…

Martial Law and the Philippine Economy

by Emmanuel S. de Dios, Maria Socorro Gochoco-Bautista, and Jan Carlo Punongbayan, in The Marcos Years: The Age of Crisis and Repression (Ferdinand C. Llanes, editor; SAMASA, 2023)

False Nostalgia: The Marcos “Golden Age” Myths and How to Debunk Them (Ateneo de Manila University Press, 2023)

False Nostalgia, JC Punongbayan’s first book, dismantles the long-standing myth that the Marcos dictatorship ushered in a Philippine “golden age.” Drawing on hard facts and presented in clear, accessible language,…

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Discussion Papers

(DP 2025-03) Is there a grade penalty for high school track and college degree mismatches? Evidence from the University of the Philippines Abstract PDF Jan Carlo B. Punongbayan, Jefferson A.…

(DP 2025-02) Promoting Competition and Regulatory Reforms in Franchising Electricity Distribution – by DB Canlas & KL Jandoc

(DP 2025-01) Navigating turbulent waters: The Philippines’ global value chains experience amid trade wars Adrian R Mendoza Abstract In light of recent pronouncements of tariff hikes in the United States…

(DP 2024-06) How well has the National Climate Budget supported the 2011-2028 National Climate Change Action Plan? (Or, why a Task Force El Nino?) – by TC Monsod

(DP 2024-05) Structural change and industrial upgrading in the Philippines: Stylized facts and routes towards sophisticated economic diversification –by AO Balaoing-Pelkmans & AR Mendoza

(DP 2024-04) Decomposing Philippine inflation into its supply and demand components (2001-2023) – by JC Punongbayan

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Calendar of Events & Deadlines

Monday
November 17
2025

Career in Public Service Talk and Fair

UPSE Auditorium
Saturday
September 27
2025

UPSE Alumni Homecoming

UPSE Auditorium
Friday
August 29
2025

UPSE-PCED Friday Seminar (Jonna Estudillo)

4:00 pm to 5:00 pm
Rm. 105 (UPSE)
Wednesday
August 27
2025

UPSE PCED Seminar (Sarah Lynne Daway-Ducanes)

4:00 pm to 5:00 pm
Rm. 105, UPSE
Friday
August 22
2025

UPSE-PCED Friday Seminar (Karl Robert Jandoc)

4:00 pm to 5:00 pm
Rm. 105 (UPSE)
Friday
August 15
2025

UPSE-PCED Friday Seminar (Jan Carlo Punongbayan and Jefferson Arapoc)

4:00 pm to 5:00 pm
Rm. 105 (UPSE)
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