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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

New PRE Issue – June 2026

📢 The June 2026 issue of the Philippine Review of Economics (PRE) is out now! The issue consists of two regular articles and five contributions to the “Symposium on Competition Policy in the Philippines”. The PRE is a joint publication of the UP School of Economics and the Philippine Economic Society. The journal is indexed in SCOPUS, RePEc, EconLit, Google Scholar, and EBSCO, among others.

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Applications for shifting and transferring to the BS Econ and BS BE programs ...

Applications for shifting and transferring to the BS Econ and BS BE programs opens June 1, 2026.

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Hope Without the Hype: An Evidence-Focused Path Forward for Foreign Aid

We invite you to join the Public Forum featuring Dr. Dean Karlan, Professor of Economics and Finance at Northwestern University, and Founder and Former President of Innovations for Poverty Action (IPA), as he talks about foreign aid in these trying and uncertain times.

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Balik Econ 2026

UPSE Silver Batch 2001 is finally coming home to UP Econ!
We would love to celebrate this milestone with all our friends. Save the date — September 19, 2026 at the UPSE Auditorium! We can’t wait to catch up with all of you!
Attire: Denim and Pearls

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Advisories

UPSE Undergraduate Committee Advisory No. 2026–01 – Reminders for the Regular Registration Period, 2nd Semester, AY 2025-2026

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

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Research

Philippine Review of Economics

June 2026 (Volume 63 No. 1)

The June 2026 issue of the Philippine Review of Economics (PRE) is out now!

The Philippine Competition Commission: the first ten years by Farasat A.S. Bokhari, Carlos Vega

A Symposium on Competition Policy in the Philippines

  1. Tariff cuts without consumer gains? A competition policy perspective on Philippine price trends by Enrico G. Trinidad, Majah-Leah V. Ravago, Arsenio M. Balisacan
  2. Local labor market concentration and union activity in the Philippines: descriptive estimates and implications by Vincent Jerald Ramos, Edgardo Manuel Jopson, Edgar Antonio Suguitan
  3. The Grab and Uber merger: a retrospective by Charles David A. Icasiano, Philip Amadeus D. Libre
  4. Multihoming and platform choice in online food delivery by Edgardo Manuel Jopson, Fabio M. Manenti, Franco Mariuzzo, Shereena S. Salas, Junjun Zhang

Regular Articles

  1. The Philippine economy: no longer the East Asian exception? Revisited by Hal Hill
  2. Does gender stereotyping influence labor force participation in the Philippines? by Nikkin L. Beronilla, Raymundo P. Addun, Dennis S. Mapa
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December 2025 (Volume 62 No. 2)

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

  1. Income inequality, weak institutions, and the emergence of reform-abortive corruption by Raul V. Fabella, Karl Robert L. Jandoc, Majah-Leah V. Ravago
  2. Nationalizing the minimum wage: Can the Philippines take the toll? by Justin Raymond S. Eloriaga, Marites M. Tiongco, Ceasar C. Cororaton
  3. Decomposing the divergent post-pandemic productivity dynamics in Philippine manufacturing by Adrian R. Mendoza
  4. Perceived comfort and subjective life evaluation in the Philippines: Evidence from a national visioning exercise by Paul Andrew F. Lucena, Karl Robert L. Jandoc, Ma. Christina F. Epetia
  5. 2025 Nobel Memorial Prize in Economics: Joel Mokyr by Emmanuel S. de Dios
  6. A stylized version of the Aghion-Howitt growth model by Delano S. Villanueva

Book Review:

The Diane Elson Reader: Gender, Development, and Macroeconomic Policy by Marina Durano

Memorial Pieces:

Remembering Roberto S. Mariano by Celia M. Reyes

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Publications

From Build Build Build to Build Better More and Beyond: A Break from the Past?

Author: Joseph Capuno

Drawing from over 340 major projects between 2001 and 2023, the chapter identifies governance and coordination failures as key barriers to successful implementation.

Shaky Recovery, Misplaced Priorities: The Philippine Economy Under Marcos Jr., 2022–25

Author: Jan Carlo Punongbayan

The chapter evaluates the Philippine economic trajectory from 2022 to 2024, highlighting slow recovery, inflation, underemployment and fiscal strain.

Illuminating the land: the effects of nighttime lights on land values in the Philippines

Authors: Marjorie Pajaron et al.

The paper explores the informative power of artificial brightness, derived from meteorological satellites, in determining land values at the city-level from 1997 to 2012 in the Philippines.

Do Global Value Chains Weaken Export Elasticities? Evidence from Time-Varying Coefficient Regressions

Author: Adrian Mendoza

This study examines the time-varying impact of global value chains (GVCs) on the exchange rate elasticities of merchandise exports using a panel of 124 countries from 1995 to 2018.

Inequality in prevalence of unmedicated hypertension or diabetes among older Filipinos: analysis of nationally representative survey data

Authors: Aleli Kraft, Joseph Capuno et al.

This study examined inequality in unmedicated hypertension or diabetes among older Filipinos despite free medications being available through public clinics.

The decline of child stunting in 122 countries: a systematic review of child growth studies since the 19th century

Authors: Joseph Capuno et al.

This study computes comparable child stunting rates for 122 countries across the 20th century, extending our understanding of child stunting much deeper into the past.

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Discussion Papers

(DP 2026-06) Pax Silica and the Philippine Industrial Upgrading Challenge: A Tatak Pinoy Strategy Perspective - by E. Annette Balaoing-Pelkmans

(DP 2026-05) Financing the Philippines’ Low Carbon Transition: Status and Prospects - by Toby C. Monsod

(DP 2026-04) Obeying in advance: Duterte’s election and the onset of the Philippine drug war - by Jan Carlo B. Punongbayan

(DP 2026-03) Oil price pass-through in the Philippines: decomposing fuel and non-fuel inflation - by Jan Carlo B. Punongbayan

(DP 2026-02) Profiling Platform Workers in the Philippines: Evidence from the Jobs and Skills Survey - by Karl Robert L. Jandoc, Arturo Jr. Martinez, Joseph Albert Niño Bulan, Rhea Molato,…

(DP 2026-01) Childhood Nutrition and Labor Market Outcomes: A Sequential Mediation Analysis - by Karl Robert L. Jandoc

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Calendar of Events & Deadlines

Wednesday
January 28
2026

[CFME Talk] Macro Outlook: Global, Asia, and the Philippines by Dr. John Beirne and Dr. Dave Fernandez on January 28, 2026

Saturday
January 31
2026

UPSE Graduate Programs Application Period until January 31, 2026

Monday
September 22
2026

IPA x UPSE Faculty Collaboration and Project Development Session

10:00 am to 12:00 pm
Room 303, UPSE
Monday
September 15

To

September 19 2026

2025 PSPS Exposure in Iloilo

Iloilo City
Monday
February 9
2026

Career in Public Service Talk and Fair

UPSE Auditorium
Saturday
September 27
2026

UPSE Alumni Homecoming

UPSE Auditorium
See More Events and Deadlines

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