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AB in Economics in the Philippines

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Program Overview

The Bachelor of Arts in Economics is a four-year degree program designed to equip students with knowledge in economic theories, economic modeling frameworks, and economic strategies and policies. The program aims to provide students with a thorough understanding of how different economic institutions work in identifying the economic problems of society and thereby possible solutions with the application of both macroeconomics and microeconomics principles, theories, laws, and models. Graduates of this program are expected to apply effectively these principles in specific economic conflicts.


Recommended Senior High School Strand

Students who want to pursue a degree in AB in Economics are encouraged to take the Humanities and Social Sciences (HUMSS) strand under the Academic track. The curriculum focuses on human behavior, literature, education, politics, liberal arts, and society. The HUMSS strand will cover relevant topics that may be further discussed in their college lectures. 


Subjects and Curriculum

  • Introduction to Microeconomics
  • Introduction to Macroeconomics
  • Basic Economics Agrarian Reform and Taxation
  • Economic Development
  • Monetary and Fiscal Policy of the Government
  • Statistics for Economists
  • Economic Research
  • Applied Economics

Admission Requirements

Qualifications

  • The student must be a high school graduate. 

However, if they were not able to graduate high school, they may opt to take the Alternative Learning System (ALS) and pass the Philippine Educational Placement Test (PEPT) to qualify for college; the availability of courses for PEPT passers depend on the university.

  • The students must pass the College Admissions Test of the university.

Basic Requirements

  • Form 138 - High School Report Card (Original and Photocopy)
  • Recommendation letter from High school principal and guidance counselor
  • Most recent medical and dental health record
  • Copy of NSO Certified birth certificate
  • Certificate of Good moral character
  • Copy of honorable dismissal
  • Copy of high school diploma
  • (1) Latest 2”x2” ID Picture

Program Outcome

Graduates of AB in Economics are expected to be able to:

  • Apply economic theories and principles in analyzing economic issues
  • Exhibit knowledge of the standard methods used in economic research
  • Communicate economic arguments and research results effectively
  • Abide by high ethical standards when constituting, analyzing, and interpreting economic data and results

On-The-Job Training/Internship

During the fourth year of the program, students are required to attend an On the Job Training (OJT) in various corporate and business companies. 


Students are given the opportunity to apply their knowledge and skills in an actual work setting. Usually, universities require them to submit a written report on their tasks, learning experiences, and hours rendered. Their work performance will also be evaluated by their immediate managers and will be submitted to their respective OJT coordinator. The number of hours required may differ in each university.


Board Exam

The AB in Economics program does not have a board examination. However, graduates may opt to take the Civil Service Examination (CSE) conducted by the Philippine Civil Service Commission (PCSC) to qualify in working in government offices. Some graduates opt to take a Master’s degree followed by a Doctorate degree to gain expertise in the industry. 


Career Opportunities

Graduates of AB in Economics may pursue a career path in various corporate and business companies. They may apply as a financial analyst, investment analyst, commodity analyst, economics teacher, government economist, economics researcher, labor relations specialist, and a tax economist.

Find schools offering AB in Economics:

Reviews of AB in Economics graduates:

W. B.
◈ Studied Bachelor of Arts in Economics
◈ At University of the Cordilleras
◈ Graduated 1999

list bulletAbout my college education: I can say that I enjoyed my economic study a lot. I was interested in dealing with numbers, talking about money, the resources, capital money, labor and production. I have no difficulties in finishing my course at all except for one major which is the Integral/calculus that was too challenging.

The most likely to apply in this course is analytically skill combined with the ability to solve problem plus hard work is the key to success.

list bulletMy current job: I just came back home to the Philippines from China, teaching Business English, ESL, Business correspondence and Business Trade. I just received contract from Unilever UK as Office Assistant

list bulletAm I using what I learned in college: Honestly speaking, my exposure to college level gained me a lot. I manage to deal efficiently with anything that has to do with profession. It taught me the basic important knowledge one has to use in their future job or even in their everyday life. People can also recognize which field is your expertise by the way you express your opinion, ability, knowledge or skill. I am using my knowledge in economics during my previous jobs. I do research/analyst to study the economic activities of the company.

list bulletHow long did it take to find a job: Well, it took me quite some time because I got married by the time I finished my course. But when I tried to apply, it took me no hardship at all.

list bulletDo I recommend studying Economics: Absolutely, I recommend this course if one has the passion to study micro and macro economics. Employment opportunities is not that in demand but you can use your course in any field of job. The best in this course is when you are employed as researcher/analyst the wage is very satisfactory. One of the highest paid position in a certain company.
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