M.A. Course Descriptions

ECON 201
PRICE AND ALLOCATION THEORY
3 units
Pre-requisite: ECON 111, ECON 205
This course discusses foundations of microeconomic analysis within the neoclassical framework as well as the tools for analyzing problems of resource allocation.
 
ECON 202
MACROECONOMIC THEORY
3 units
Pre-requisite: ECON 112
This course is a discussion on classical, monetarist, rational expectations and new classical macroeconomics that aims to provide grounding in theory in aggregate economics.

ECON 205
MATHEMATICAL ECONOMICS
3 units
Pre-requisite: ECON 115 or equivalent
This is a foundation course for the microeconomics an macroeconomics sequence that provides advanced training in mathematical techniques essential to economic analysis.

ECON 206
STATISTICS FOR ECONOMISTS
3 units
Pre-requisites: None
This is a foundation course for ECON 231. This course covers statistical concepts and methods that are used from descriptive analysis and testing of relationships among economic variables.

ECON 207
ECONOMETRICS
3 units
Pre-requisites: ECON 206, Consent of instructor
This course is an introduction to estimation techniques and research methodologies and their applications for testing and empirical investigations in economics forecasting and guiding economic policy.

ECON 209.1
HISTORY OF ECONOMICS I
3 units
Pre-requisites: None
This course traces the evolution and development of economic thought from pre-classical political economy to the classical political economy and early socialist thought, Austrian school, Neoclassical School and Keynesian economics and institutionalists.

ECON 209.2
HISTORY OF ECONOMICS II
3 units
Pre-requisites: None
This course traces the more modern evolution of economic thought, including more recent advances in neoclassical, institutionalist and post-Keynesian thought.

ECON 210
ECONOMIC HISTORY OF THE PHILIPPINES
3 units
Pre-requisites: None
This course traces the evolution and development of economic thought from Pre-Classical Political Economy (Mercantilism and Physiocracy) to the Classical Political Economy and early Socialist thought, Austrian School, Neoclassical School (Marginal Revolution), and Keynesian Economics and the Institutionalists

ECON 211
SOCIAL ACCOUNTING
3 units
Pre-requisites: ECON 201 and ECON 202
The course discusses the structure, analysis and evaluation of three types of social accounting: national income accounts, input-output accounts and the flow of funds accounts.

ECON 212
INPUT-OUTPUT ECONOMICS
3 units
Pre-requisites: None
This course is a study of input-output models of national economies using linear algebra as a tool for input-output analysis. This technique can be used for planning purposes and multiplier analysis. (source: undergrad)

ECON 213
ECONOMICS OF MONEY AND BANKING
3 units
Pre-requisites: ECON 201 and ECON 202
This is a course on the fundamentals of monetary economics which analyzes the dynamics of the financial system components.
 
ECON 221
ECONOMICS OF DEVELOPMENT
3 units
Pre-requisite: ECON 202
The course is a study of the major issues and problems of economic growth and development faced by developing nations.

ECON 222
INTERNATIONAL ECONOMICS
3 units
Pre-requisite: ECON 201
The course is a study of the theory and practice of international trade and finance as well as economic relations and interdependence among nations.

ECON 230
SOCIAL PHILOSOPHY
3 units
Pre-requisites: None
The course discusses economics in the context of a society's culture, politics and history.

ECON 241
MANAGERIAL ECONOMICS
3 units
Pre-requisites: ECON 201 and ECON 202
The course provides a practical approach to managerial decision-making in both private and public sectors, integrating microeconomic theory with management science and other disciplines.

ECON 242
FINANCIAL ECONOMICS
3 units
Pre-requisites: ECON 201 and ECON 205
The course is a discussion on the principles of financial theory and analysis of investment decisions.
 
ECON 245
ECONOMIC GEOGRAPHY OF THE PHILIPPINES
3 units
Pre-requisites: None

ECON 250
ECONOMICS OF PUBLIC FINANCE
3 units
Pre-requisites: ECON 201 and ECON 202
The course is an introduction in applying economic analysis to issues and problems of the public sector.

ECON 255
ECONOMICS OF LABOR AND MANPOWER DEVELOPMENT
3 units
Pre-requisites: ECON 201 and ECON 202
The course is a study of the institutional organization of labor markets and the resulting policy implications.

ECON 257
URBAN AND REGIONAL DEVELOPMENT
3 units
Pre-requisites: ECON 201 and ECON 202
A course on topics of current research interest in industrial organization. Research papers
include theoretical and conceptual approaches to the study of firms and industries; the
application of quantitative methods such as game theory and econometrics; and issues of
public policy that foster competition.

ECON 259
ECONOMICS OF NATURAL RESOURCES AND ENVIRONMENT
3 units
Pre-requisites: ECON 201 and ECON 202
The course initially integrates the basic environmental (production, regulation, and habitat-carrier) functions, the commons and property-rights matrix, and the valuation or quantification of ecosystem, natural resource and economic conditions within an environmental economic accounting system.
 
ECON 260
ARGICULTURAL ECONOMICS
3 units
Pre-requisites: None
This course analyzes the economics of production and agriculture’s role in development. It begins with classical and neoclassical theories of agricultural economics then proceeds to discuss topics such as farm household models, rust and subsistence farming, sharecropping, and technological change and its consequences.

ECON 261
BUSINESS AND GOVERNMENT POLICY
3 units
Pre-requisite: None

ECON 270
COMPARATIVE ECONOMIC SYSTEMS
3 units
Pre-requisites: ECON 201 and ECON 202
This course is a discussion of the characteristics and the economic performance of major economic systems such as capitalism, socialism, and mixed economic systems. Focus is on the organization and institutions, stability, resource allocation, consumption, investment, among others.

ECON 271
APPLIED ECONOMICS FOR MANAGERS
3 units
Pre-requisites: None
The course is an application of the foundation theories, concepts and analytical tools of microeconomics and macroeconomics to guide managerial decisions that direct the behavior of firms in the local and global settings.

ECON 285.01
SPECIAL TOPICS IN ECONOMICS: PEASANT ECONOMY
3 units
Pre-requisites: None
The course aims to develop an initial familiarity with and appreciation, if not an empathy, for the life situations and economics of peasant households, as they as they are subjected to the social, economic, and political processes within their communities and those from the external environment.
 
ECON 285.02
SPECIAL TOPICS IN ECONOMICS: INTERNATIONAL ECONOMIC RELATIONS
3 units
Pre-requisites: None
The course deals with the contemporary issues of international economics, especially in the context of a developing country.
 
ECON 285.03
SPECIAL TOPICS IN ECONOMICS: DISTRIBUTIVE JUSTICE
3 units
Pre-requisites: None
This course is a study of different concepts of fairness as used in economics. The theoretical concepts are used to aid the process of economic policy-making especially in the area of regulation. The philosophical roots of economic justice are also discussed. (source: undergrad)
 
ECON 285.04
SPECIAL TOPICS IN ECONOMICS: SOCIAL PLANNING AND POLICY
3 units
Pre-requisites: None
 
ECON 285.05
SPECIAL TOPICS IN ECONOMICS: RURAL DEVELOPMENT
3 units
Pre-requisites: ECON 201, ECON 202 and ECON 221
The course is a discussion on the topic of capitalism in relation to peripheral economies and an analysis of the Philippine agrarian situation.
 
ECON 285.06
SPECIAL TOPICS IN ECONOMICS: ISSUES IN POLITICAL ECONOMY
3 units
Pre-requisites: None
 
ECON 285.07
SPECIAL TOPICS IN ECONOMICS: HEATLH ECONOMICS
3 units
Pre-requisites: None
This course is an introduction to economic analysis as applied to the health sector. Topics include the relationships between health and development, current concerns on efficiency and equity of public and private systems, evaluation of health and health care, and pricing and government regulations. (source: undergrad)
 
ECON 285.08
SPECIAL TOPICS IN ECONOMICS: INDUSTRIAL ECONOMICS
3 units
Pre-requisites: None
 
ECON 285.10
SPECIAL TOPICS IN ECONOMICS: MARXIST POLITICAL ECONOMY
3 units
Pre-requisites: None
This is a workshop course on the original text by Karl Marx. Focus is on economic theory. (source: undergrad)
 
ECON 285.11
SPECIAL TOPICS IN ECONOMICS: ECONOMICS OF MULTINATIONAL ENTERPRISES
3 units
Pre-requisites: None
The course aims to understand and evaluate the role of the multinational corporation in the global political economy.
 
ECON 285.12
SPECIAL TOPICS IN ECONOMICS: INTERNATIONAL POLITICAL ECONOMY
3 units
Pre-requisites: ECON 201, ECON 202 and ECON 222
The course provides students with the fundamentals of international political economy.
 
ECON 285.13
SPECIAL TOPICS IN ECONOMICS: ECONOMICS OF HUMAN RESOURCES
3 units
Pre-requisites: None
This course introduces topics pertaining to human resources, including human capital and labor markets. Focus is on specific issues such as returns to education and other types of human investment, the distribution of earnings and income, population growth and poverty, and labor market policy. (source: undergrad)
 
ECON 285.14
SPECIAL TOPICS IN ECONOMICS: ECONOMICS OF NATURAL RESOURCES AND ENVIRONMENT
3 units
Pre-requisites: ECON 201 and ECON 202
The course studies the relationship and effects of economic activities on the environment as well as the conceptual and policy tools to address environmental problems.
ECON 285.16
SPECIAL TOPICS IN ECONOMICS: STATE AND DEVELOPMENT
3 units
Pre-requisites: None
This course is an introduction to perspectives in the politics of development and the theory of the state, underlining the importance of the “political element” in the development process. Particular attention is given to the twin issues of the “developmental state” and the “democratic state.” (source: undergrad)
 
ECON 285.17
SPECIAL TOPICS IN ECONOMICS: BUSINESS ECONOMICS
3 units
Pre-requisites: None
 
ECON 285.18
SPECIAL TOPICS IN ECONOMICS: DEVELOPMENT PLANNING
3 units
Pre-requisites: ECON 201, ECON 202 and ECON 221
The course is an overview of development planning and the rationale for planning in developing countries.
 
ECON 285.19
SPECIAL TOPICS IN ECONOMICS: INTERNATIONAL MONETARY ECONOMICS
3 units
Pre-requisites: None
 
ECON 285.20
SPECIAL TOPICS IN ECONOMICS: CONTEMPORARY ISSUES IN JAPANESE ECONOMY AND BUSINESS MANAGEMENT
3 units
Pre-requisites: None
This course discusses contemporary issues in Japan’s domestic economy and international economic issues involving Japan. Topics include factors behind the strong yen, impact of a strong yen, impact of an aging Japanese population, recession and recovery in Japan, and the role of Japan in Asia. (source: undergrad)
 
ECON 285.22
SPECIAL TOPICS IN ECONOMICS: PHILIPPINE-JAPAN RELATIONS
3 units
Pre-requisites: None
This course is a survey of Philippine-Japan relations from the 16th century to the present. Topics include immigration, trade, investments, and cultural exchanges. (source: undergrad)
 
ECON 285.24
SPECIAL TOPICS IN ECONOMICS: COMPARATIVE ECONOMIC DEVELOPMENT IN HISTORICAL PERSPECTIVE
3 units
Pre-requisites: None
 
ECON 285.25
SPECIAL TOPICS IN ECONOMICS: THE BUREAUCRACY, PUBLIC POLICY AND DEVELOPMENT
3 units
Pre-requisites: None
ECON 285.26
SPECIAL TOPICS IN ECONOMICS: APPLIED MACROECONOMICS
3 units
Pre-requisites: None
 
ECON 285.27
SPECIAL TOPICS IN ECONOMICS: POLICY ECONOMICS
3 units
Pre-requisites: None
 
ECON 285.28
SPECIAL TOPICS IN ECONOMICS: DEMAND ANALYSIS
3 units
Pre-requisites: None
 
ECON 285.29
SPECIAL TOPICS IN ECONOMICS: INDUSTRIAL ORGANIZATION
3 units
Pre-requisites: ECON 201 and ECON 202
The course deals with topics of current research interest in industrial organization.
 
ECON 285.30
SPECIAL TOPICS IN ECONOMICS: PROJECT INDUSTRY ANALYSIS
3 units
Pre-requisites: None
This course studies economic analysis of investment projects. Topics include the concept of the project cycle and the logical framework approach to projects as well as the theoretical foundations and different methodologies of financial and economic or social cost-benefit analysis of projects of different industries. (source: undergrad)
 
ECON 285.31
SPECIAL TOPICS IN ECONOMICS: MICROECONOMICS OF COMPETITIVENESS
3 units
Pre-requisites: None
The course is concerned with the determinants of competitiveness and economic development based on microeconomic lens.
 
ECON 285.32
SPECIAL TOPICS IN ECONOMICS: DEVELOPMENT FINANCE
3 units
Pre-requisites: None
The course focuses on the role of financial systems in development.
 
ECON 285.33
SPECIAL TOPICS IN ECONOMICS: OTHER TOPICS IN MATHEMATICAL ECONOMICS
3 units
Pre-requisites: None
 
ECON 285.35
SPECIAL TOPICS IN ECONOMICS: OPTIONS, FUTURES AND OTHER DERIVATIVES
3 units
Pre-requisites: None
This course studies risk and its management with the use of financial instruments. The course discusses the different financial derivatives, from futures and options to more exotic instruments. Contract specifications, trading rules, pricing, and hedging strategies are discussed for each of the financial derivatives studied. (source: undergrad)
 
ECON 285.36
SPECIAL TOPICS IN ECONOMICS: GAME THEORY FOR ECONOMISTS
3 units
Pre-requisites: None
The course focuses on the use of game theory in economic model-building.
 
ECON 285.37
SPECIAL TOPICS IN ECONOMICS: ECOLOGY OF NATURAL RESOURCES
3 units
Pre-requisites: None
 
ECON 285.39
SPECIAL TOPICS IN ECONOMICS: ENVIRONMENTAL IMPACT ASSESSTMENT AND ENVIRONMENTAL PLANNING
3 units
Pre-requisites: None
This course is a study of input-output models of national economies using linear algebra as a tool for input-output analysis. This technique can be used for planning purposes and multiplier analysis. (source: undergrad)
 
ECON 285.40
SPECIAL TOPICS IN ECONOMICS: NGOs IN THE PHILIPPINE ECONOMY
3 units
Pre-requisites: None
This course is an overview of the contribution of non-governmental organizations (NGOs) to Philippine development, emphasizing activities and dynamics of NGOs vis-à-vis other institutions. Topics include theoretical explanations of emergence of NGOs and their role in the economy, the political arena, and in social transformation. (source: undergrad)
 
ECON 285.41
SPECIAL TOPICS IN ECONOMICS: ETHICS AND ECONOMICS
3 units
Pre-requisites: None
 
ECON 285.42
SPECIAL TOPICS IN ECONOMICS: INTRODUCTION TO EUROPEAN ECONOMIC INTEGRATION
3 units
Pre-requisites: None
This course examines the ethical concerns in economic policy and policy in general focusing on issues about justice and inequality, efficiency and Pareto optimality, maximization of welfare, poverty, freedom, and rights. The theoretical inadequacy of contemporary utilitarian-based normative economics or welfare economics is presented. (source: undergrad)
 
ECON 285.43
SPECIAL TOPICS IN ECONOMICS: TRANSPORTATION ECONOMICS
3 units
Pre-requisites: None
This course is an introduction to economic concepts and principles, analytical and empirical methods, and empirical studies used to solve problems encountered in the transport sector, including public policy developments in the Philippines and around the world. (source: undergrad)
 
ECON 285.44
SPECIAL TOPICS IN ECONOMICS: APPLIED ECONOMICS: ASSET PRICING
3 units
Pre-requisites: None
The course approaches the challenge of valuation from a portfolio manager's perspective.
 
ECON 285.45
SPECIAL TOPICS IN ECONOMICS: INTERNATIONAL FINANCE
3 units
Pre-requisites: ECON 201 and ECON 202
The course studies the balance of payments, open economy microeconomics and macroeconomics, exchange rates and the choice of exchange rate regime, devaluation and inflation, policies for internal and external balance and the economics of debt.
 
ECON 285.46
SPECIAL TOPICS IN ECONOMICS: ECONOMICS AND SOCIOLOGY OF URBAN DEVELOPMENT
3 units
Pre-requisites: None
 
ECON 285.47
SPECIAL TOPICS IN ECONOMICS: EXCHANGE RATE ECONOMICS AND FORECASTING
3 units
Pre-requisites: None
 
ECON 285.48
SPECIAL TOPICS IN ECONOMICS: MODERN CHINESE ECONOMY
3 units
Pre-requisites: ECON 202 and ECON 221
The course is a study of the evolution of the Chinese economy from a centrally-planned system to a market-oriented one.
 
ECON 285.51
SPECIAL TOPICS IN ECONOMICS: DYNAMIC MACROECONOMICS
3 units
Pre-requisites: None
The course introduces the dynamic behavior of the macro-economy.
 
ECON 285.52
SPECIAL TOPICS IN ECONOMICS: INTRODUCTION TO INFORMATION ECONOMICS
3 units
Pre-requisites: None
 
ECON 285.53
SPECIAL TOPICS IN ECONOMICS: WORKSHOP IN URBAN ECONOMICS
3 units
Pre-requisites: ECON 201 and ECON 202
The course covers basic theories and methodologies of social research and analysis of urban economics.
 
ECON 285.54
SPECIAL TOPICS IN ECONOMICS: SEMINAR ON THE HISTORY OF ECONOMIC THOUGHT
3 units
Pre-requisites: None
The course emphasizes the importance of critical reading and analysis of the original classical works in economics.
 
ECON 285.56
SPECIAL TOPICS IN ECONOMICS: ECONOMICS OF TECHNOLOGY AND TECHNOLOGICAL CHANGE
3 units
Pre-requisites: Any calculus course
The course is a study of the basic aspects and consequences of technology, the role of technological change as a driver of long-term growth according to the neoclassical and alternative evolutionary schools, and the role of developing countries in the quest for development and growth.
 
ECON 285.57
SPECIAL TOPICS IN ECONOMICS: SURVEY SAMPLING METHODS FOR ECONOMIST
3 units
Pre-requisites: None
This course introduces the history, theories, and methods of survey research. Focus is on the design, development, execution, and analysis of surveys. Survey sampling, question construction, questionnaire design, survey data analysis, and research ethics are covered. Topics include the theoretical and intellectual bases of surveys. (source: undergrad)
 
ECON 285.58
SPECIAL TOPICS IN ECONOMICS: ECONOMIC DEMOGRAPHY
3 units
Pre-requisites: Familiarity with microeconomic theory and sufficient knowledge of statistics or econometrics to evaluate regression analysis
The course discusses economic approaches to the study of population changes.
 
ECON 285.59
SPECIAL TOPICS IN ECONOMICS: POLITICS OF THE INTERNATIONAL MONETARY SYSTEM
3 units
Pre-requisites: None
The course assesses the role of national actors (small and large economies), international actors and international financial organizations like IMF and the World bank.
 
ECON 285.60
SPECIAL TOPICS IN ECONOMICS: ENVIRONMENTAL POLICY
3 units
Pre-requisites: None
This is a course on the selection and design of policy instruments for the environment.
 
ECON 285.62
SPECIAL TOPICS IN ECONOMICS: THEORY OF CAPITALIST DEVELOPMENT
3 units
Pre-requisites: Approval of professor
This course discusses the fundamental theory of capitalism and capitalist development (as developed by Karl Marx and the Marxists).
 
ECON 285.63
SPECIAL TOPICS IN ECONOMICS: COMPARATIVE ECONOMIC THEORIES: NEOCLASSICAL VERSUS MARXIAN ECONOMICS
3 units
Pre-requisites: Approval of professor
The course discusses the debates between capitalism and socialism.
 
ECON 285.65
SPECIAL TOPICS IN ECONOMICS: LAW AND ECONOMICS
3 units
Pre-requisites: None
The course introduces the economic approach to the analysis of the law.
 
ECON 285.66
SPECIAL TOPICS IN ECONOMICS: WORKSHOP IN HAPPINESS ECONOMICS
3 units
Pre-requisites: ECON 201
The course introduces the economics and psychology of subjective well-being.
 
ECON 292
ECONOMIC RESEARCH
3 units
Pre-requisites: ECON 201, ECON 202, ECON 205, ECON 206, ECON 207 and a field of specialization
This course introduces the different research methodologies in economics that permit student to engage in a piece of focused research
 
ECON 296
COMPREHENSIVE EXAMINATIONS
0 units
Pre-requisites: None
This is the catalog number for preparation for MA comprehensive examinations.
 
ECON 299.1
MASTER’S THESIS
3 units
Pre-requisites: None
The course is an integration of theories and application of econometric analysis in research through the writing of the Master's thesis.
 
ECON 299.2
MASTER’S THESIS
3 units
Pre-requisites: None
The course is an integration of theories and application of econometric analysis in research through the writing of the Master's thesis.
 
ECON 299.4
ORAL DEFENSE (MASTER’S)
3 units
Pre-requisites: None
This is the catalog number for the oral defense for MA thesis.
 
ECON 299.5
RESIDENCY FOR MASTER’S LEVEL
3 units
Pre-requisites: None
This is the catalog number for residency for MA students.
 
ECON 299.6
FINAL PAPER SUBMISSION (MASTERAL)
3 units
Pre-requisites: None
 
ECON 299.7
FINAL PAPER SUBMISSION (MASTERAL)
3 units
Pre-requisites: None