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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


  • 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:

M. D.
◈ Studied AB in Economics
◈ At University of the Philippines Diliman
◈ Graduated 1983

list bulletWhy did I choose Economics: When I was a child, I always wondered how other people/countries become wealthy and others remain poor. I was interested knowing economic disparity in the society.

list bulletAbout my college education: The most useful thing is learning to read comprehensively, understanding the concept and training my mind to be analytical and critical.

The most difficult subject was Econometrics. I am not that good in Math but my high school training in a Science High School and with the help of my high school classmates who are math geniuses, I was able to pass Calculus which is a pre-requisite to get into the major.

list bulletMy current job: My title is a Business Analyst who is also a Financial and Compliance Manager of Federal Grants and Contracts awarded to the faculty researchers of our university. I work in the university research and sponsored programs office.

My current job involves policy analysis, policy recommendation and implementation. I do a lot of financial and data analysis and reporting to high level executives of the University (President, Provost, Vice Presidents, Associate VP) and government agencies (National Institute of Health, Department of Defense, Department of Education to name a few) here in the US.

I had my Master's Degree in Public Policy and Administration which is related to what I do in the university.

list bulletAm I using what I learned in college: What I learned is very practical. I have Managerial Accounting which I used. I am also very analytical, diligent and patient to learn new concepts. I have worked in the Accounting/Finance Department (Accounts Payable, Accounts Receivable, Inventory, Work-in Process, Manufacturing (Supply and Demand), Information Technology Department, doing Statistics and Analytics.

list bulletHow long did it take to find a job: I went to school to learn Computer Language and Programming Skills, then went to Africa to volunteer/work with the International Red Cross... It took about a year from graduation to my first job.

list bulletDo I recommend studying Economics: The employment opportunities will depend on your interest. The course is very flexible. My first job was in the Accounting/Finance of a non-profit (Red Cross) learning Budgeting, Fiscal Reporting and Computer Program implementation. Most of my employment is with Accounting and Finance, Grants and Contracts Administration, Budget or Fiscal Analysis and Management.

The skills you will learn from studying Economics (such as Managerial Economics, Labor Economics, International Trade or even Development Economics) could be applied to virtually any job you are interested in any industry (government, non-profit, university, manufacturing, marketing, engineering industry). Salary level is decent and commensurate to position and experience.

list bulletAdvice to people who are thinking of studying this course: You must have a genuine interest on the subject. If you are interested and curious to learn, it would be easier to understand the concepts. Don't take it just to get the job or the salary you want. Study the course or subjects that you are interested and has the mental ability to absorb. You must exercise patience and diligence to read and understand the concepts being taught.

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