Category Archives: Announcements

BSP-UP Professorial Chair Lecture: The Impact of Increasing Pension Assets on Cross-Country Growth: Panel Estimates

BSP-UP Professorial Chair Lecture by Dr. Renato E. Reside, Jr. on Friday, April 23, 2021, 4:00 PM via Zoom about “The Impact of Increasing Pension Assets on Cross-Country Growth: Panel Estimates”

Register in advance for this webinar:

After registering, you will receive a confirmation email containing information about joining the webinar.

abstract 20210423 Reside_v2

BSP-UP Professorial Chair Lecture: Bank Characteristics, Monetary Policy, and the Supply of Credit

BSP-UP Professorial Chair Lecture by Dr. Maria Socorro G. Bautista on Wednesday, April 14, 2021, 4:00 PM via Zoom about “Bank Characteristics, Monetary Policy, and the Supply of Credit”

Register in advance for this webinar:

After registering, you will receive a confirmation email containing information about joining the webinar.

abstract 20210414 Bautista

UPSEAA #StayatHomecoming 2020

homecoming poster smol

#StayatHomecoming 2020

Are you ready to be part of history?

Join our first ever virtual UPSEAA #StayatHomecoming on December 19, 2020 Saturday at 8pm

Sign-up via this Google Form to receive the Zoom link and qualify for the online raffle!

Gwendolyn R. Tecson (1946-2020)


Gwendolyn R. Tecson, a lifelong academic who devoted her life to teaching and research as faculty member of the U.P. School of Economics, passed on Sunday, 6 December 2020. She joined the School as instructor in 1971 and retired as full professor in 2011, subsequently being appointed professor emeritus. She served the School in various administrative capacities, including director for public affairs, chair of the undergraduate committee, and later department chair. Her students remember Professor Tecson for her lucid teaching and her empathy for students, though these never diluted her insistence on excellence and academic integrity.

Gwen Tecson was an early product of the School’s master’s program, part of a class that included many who would make their own mark in academe, government service, or the private sector. Among her classmates were Ruperto Alonzo, Armando Armas, Amelia Capistrano, Federico Macaranas, and Victor Valdepeñas. Gwen took her undergraduate degree from Saint Theresa’s College, which honored her with its Teresa’s Light Award for Education in 2019. After her M.A. from U.P. she completed her PhD at Hitotsubashi University under the renowned Ippei Yamazawa, becoming the first Filipino to complete an economics doctorate from Japan. She was fluent in Japanese and French.

Professor Tecson’s main line of research was international trade and industrial economics. She was an important member of the group that published two highly influential works that at the time were the most extensive and authoritative studies of the country’s system of industrial incentives. The first [Bautista, Power, Tecson, et al. 1979] covered the 1970s and showed how the structure of protection in the 1970s had not significantly changed since the 1960s. The second [Medalla, Tecson, et al.2 vols. 1995] documented improvements following the liberalization of the 1980s and, at the same time, warned of their partial reversal. Apart from trade, Professor Tecson studied the development role of small and medium scale industries and was interested in the peculiar trends of Japanese foreign direct investment in the Philippines.

Gwen was a meticulous and thorough researcher with an eye for detail. She was one of the few practitioners doing industry- and firm-level studies to regularly include interviews of firm-owners and practitioners aside from simply relying on statistics and desk research. She conducted research focused particularly on the automotive and electronics industries. Together with a Japanese sociologist professor and friend, she made many trips to Sta. Rosa, Laguna, for example, to interview workers in car assembly plants.

Gwen never wore her faith on her sleeve but lived it fully. She was a devoted member of Notre Dame de Vie, a Catholic secular institute, originally founded in France, whose main formation center in the Philippines is at Encanto, Angat in Bulacan. It was there that Gwen spent her last few years.

She will be deeply missed by colleagues, friends, and students alike.

Bautista, R., J. Power, G. Tecson et al. [1979] Industrial promotion policies in the Philippines. Makati: Philippine Institute for Development Studies.
Medalla, E., G. Tecson et al. [1995] Catching up with Asia’s tigers. 2 vols. Makati: Philippine Institute for Development Studies.

Ayala-UPSE Webinar

ACUPSE 1 (2020) Impact of The Land Use Bill v06

UPSE and the Ayala Center will hold a Webinar Forum entitled: “Impact of the National Land Use Plan: Getting the Act Together” on December 4 (Friday) 2PM (see attached poster). Speakers include Dr. Art Corpuz of the Ayala Group and Dr. Hussein Sinsuat “Tho” Lidasan, Dean of the UP School of Urban and Regional Planning (SURP). Reactors include former UPSE Professor and current Representative Stella Quimbo of Marikina, UPSE alumnus and current Socioeconomic Planning Secretary Karl Chua, and Mr. Noel Cariño, National President of CREBA.

Please register for this Forum using the Zoom link below:

Ayala-UPSE Webinar Registration

Computer Banking Program (Round II)


To apply:

Long URL:


Short URL:


Need a Laptop? (The UPSE Computer Banking Program)



FMAP Award 2020



Ang Gawad FMAP* para sa Pinakamahusay na Undergraduate Research Paper na tungkol sa Monetary at Financial Economics ay ipinagkakaloob sa mga mag-aaral na nagsaliksik at sumulat ng pinakamagaling na research paper ukol sa mga isyung pansalapi, buwis, at gastusing publiko. Gaya ng Gawad Sicat, ang mga nagwawagi ay pinipili ng isang inampalan na kinabibilingan ng mga guro at mananaliksik mula sa School of Economics.

Ang mga nagwagi ng gantimpala para sa Gawad FMAP ay ang mga sumusunod:

Colleen Anne T. Chua and Corinne Mariel T. Wong, “Out with the old, in with the new: A study on the composite leading indicator approach to forecast Philippine growth Cycles”
Adviser: Professor Joseph J. Capuno

*Ang FMAP, o Fund Managers Association of the Philippines, ay isang samahan ng mga lokal na equity and fixed income fund managers. Itinatag ito noong Abril 1997 na may layuning palaguin ang industriya ng pamamahala ng mga pondo.

Ang FMAP ang siyang nagtatag at pinansyal na sumusuporta ng gawad na ito. Iginagawad ang gantimpalang FMAP tuwing may natatanging tesis na undergraduate ukol sa Monetary and Financial Economics. Ito ay sang-ayon sa layunin ng FMAP na maitaas ang antas ng edukasyon at mapalaganap ang impormasyon ukol sa mga nabanggit na aralin at merkado.

Encarnación Award 2020


Ang Gáwad José Encarnación para sa Kagalíngan sa Ekonómiks, o José Encarnación Award* for Excellence in Economics ay ipinagkakáloob sa mag-aarál na undergraduate na nagkamít ng pínakamataas na Economics Weighted Average (EWA).

Sa taong ito, ang nagtamo ng Encarnacion Award for Excellence in Economics na may EWA na 1.0833 ay si Joshua Raphael Nuval Ambrosio.

* Si José Enarnación, Jr. ay isá sa mga pinakadakílang gurô at mánanaliksik ng ekonómiks sa Pilipinas. Siya ang pínakamatagal na dekáno ng School of Ekonomics. Nagsilbi siya sa katungkulang ito sa loob ng dalawampúng (20) taon. Ipinanganák noong 1928 at namatáy noong 1998, si Dekáno Encarnación din ang káuna-unáhang Pambansáng Siyentípiko (National Scientist) para sa Ekonómiks. Bukod sa pagiging tagapagbunsód ng edukasyóng ekonomiks sa Pilipínas, si Dekáno Encarnación din ang pangunáhing nagsulong ng teorya ng lexicographic preferences. Taun-taon, ipinagkakáloob ang Gawad para sa Kagalingan sa Ekonomiks sa ngalan ni Dekano Encarnación bílang pagkilála sa kaniyang mga ambág sa páaralan at sa larangan ng ekonómiks.

Congratulations to UPSE graduates *

Congratulations - WEBSITE-FB -banner 0 V01

* The following list excludes graduates who do not want their names disclosed.

Graduates for First Semester AY 2019-2020

BS Economics

  • Mary Alexia Ysabel Alix Gordo
  • Kristine Marie Recinto Magaling
  • Ivan Dominic Galang Malig
  • Regina Yvette Vinluan Romero
  • Alfonso Ramon Eugenio Cabato Romillo

BS Business Economics

  • Gianne Ina Diola Castillo
  • Stephaenie Natalie Castillo Gan
  • Jayrald Marron Itulid
  • Agatha Canua Pilapil
  • Yzabel Bernice Latoza Torres

MA Economics (Thesis Option)

  • Angeli Grace Santos Juani
  • Monica Isabel Maria Maranan Melchor

Master in Development Economics (Thesis Option)

  • Karisha Anne Encinas Cruz
  • Christian Eligius Asuncion Jimenez
  • Kris Ann Miguel Melad


Graduates for Second Semester AY 2019-2020

BS Economics

  • Joshua Raphael Nuval Ambrosio
  • Andrew Joseph Ribano Banaag
  • David Franco Bernabe Bass
  • Martin Christopher Tongson Belmonte
  • Alyanna Maria Belen Sto. Domingo Bernardo
  • Vincent Paolo Baylon Bisuna
  • Karla Anne Reyes Bulan
  • Nicholas Ramirez Cabanos
  • Jose Reuben Madriaga Capuno
  • Janella Meara Lo Chan
  • Colleen Anne Taparan Chua
  • Jillian Victoria Del Rosario Corpus
  • Rogelio III Bonifacio Daitan
  • Juan Antonio Nocos Deleña
  • Maria Gabriella Siongco Gibe
  • Zarah Aline Velasco Gondra
  • Glenn Balitaan Guy
  • Therese Carol Brown Juat
  • Kristoffer John Ronald Yumang Lobo
  • Jeremy John Katigbak Magpantay
  • Samantha Louise Sincioco Nepomuceno
  • Celina Me’Shell Feliciano Pacana
  • Bernice Maria Gwynette Acosta Parayno
  • Alanis Anne Bautista Pascual
  • Jullia Ryanne Lumaban Querijero
  • Philippe Joseph Quimbo
  • Samantha Rae Mercado Reyes
  • Niccolo Miguel Nadal Rosadia
  • Javier Gaspar Miguel Sabarre
  • Klaudia Louise Iñigo Sanchez
  • Manuel Luis II Turingan Sanchez
  • Heather Lian Gallardo Tablante
  • Ian Lincoln Santos Tagle
  • Vivienne Jeri Lao Tieng
  • Jose Javier Gruenberg Vilchez

BS Business Economics

  • Krischelle Marie Morales Angue
  • John Patrick Cerdeña De Guzman
  • Precious Zion Dela Cruz Girasol
  • Carlo Manuel Paras Gulapa
  • Ian Paolo Cortes Jorge
  • Melson Palo Ong
  • Maria Mikayla Damgo Samson
  • Janna Mikayla Itchon Taguibao
  • Clarice Kimberley Magante Tee
  • Jeremiah Cedric Ang Tomas
  • Kimberly Mae Santiago Vivar
  • Corinne Mariel Tan Wong
  • Caitlin Eliza Cheng Yu

MA Economics (Thesis Option)

  • Julian Thomas Bola Alvarez
  • Aaron Dayle Santiago Cruz
  • Christian May Lapina Llido

Master in Development Economics (Thesis Option)

  • Tara Alessandra Sumbillo Abrina
  • Jan Lester Ala Dimayuga
  • Krizia Pauline Sambrano Ferrer


Graduates for Midyear Term 2019

MA Economics (Thesis Option)

  • Reinier Tabiola De Guzman
  • Ian Nicole Austria Generalao

MA Economics (Non-Thesis Option)

  • Flor Dianne Hilario Alvarez
  • Michael John Malana Barsabal
  • Rafael Martin III Munoz Consing
  • Jahm Mae Escueta Guinto
  • Christian Regie Jumanil Jabagat
  • Angelo Jose Baclig Lumba
  • Reizle Jade Claudio Platitas

Master in Development Economics (Thesis Option)

  • Emma Batungbacal Cariño-Francisco
  • Rowena Furigay Caronan
  • Fernando Jr Surio Dayao

Master in Development Economics (Non-Thesis Option)

  • Rene Carlo Joaquin Del Rosario Bo-ot
  • Bernard Bernardo Gorospe
  • Hazel Anne Tindugan Intia
  • Siena Louise Olave Javellana
  • Dan Alexander Doria Jimenez
  • Jestoni Apostol Olivo

PhD Economics

  • Adrian Reyes Mendoza