Welcome to the School of Applied Economics (SAEc) website. For a background, SAEc was established per Board Resolution No. 2782, Series of 1999 during the 85th meeting of the Board of Regents at the Durian Hotel in Davao City. The Board approved the offering of the following degree programs commencing the first semester of 1999-2000:
- Bachelor of Science in Economics
- Bachelor of Science in Agricultural Economics
- Graduate Diploma in Economics
- Graduate Diploma in Econometrics
- Graduate Diploma in Agricultural Economics
- Master of Science in Economics
- Master of Science in Econometrics
Economic challenges facing the world in general, and the Philippines in particular have been immense the past two decades or so. The socio-economic problems of our country have tremendously increased, as manifested in the declining standard of living, high unemployment rate, huge external debt, and rising absolute/relative poverty, despite the poverty alleviation programs of the government. The growing consensus is that national, and local economies have lost their capacity to sustain the growing population and generate sustainable economic development. Hence, there is a need to train more professionals with knowledge and competence in economics. Economics provides the tools and skills with which to deal with the aforementioned challenges. The need for specialized skills at SAEc will become more apparent with Mindanao emerging as an industrial hub of the Philippines.
Courses at SAEc are designed to create career opportunities in research, agriculture, consulting, banking, manufacturing, education, the public sector and the academe. The Bachelor of Science in Economics program at the undergraduate level offers excellent opportunity for interdisciplinary study. It also provides greater flexibility for students to have a range of career paths in the fields of economics, management, business, statistics, and other allied areas.
SAEc is one of the few colleges offering BS in Economics in the country (the others are UP Diliman and Visayas State U in Leyte). A couple offer AB Economics (Bukidnon State U, Liceo de Cagayan, Father Urios U, Ateneo de Davao U, Holy Cross of Davao, Misamis U, Universidad de Zamboanga). Still other universities offer BSBA with Business Economics as major (CGB at USeP, UM, Holy Cross of Davao).
The degrees offered in the Graduate School are suitable for those who wish to occupy managerial or administrative positions in either the public or private sector. We are proud to claim that SAEc is the sole supplier of graduate studies in econometrics in the Philippines. As for economics, only a handful of universities offer MS in Economics (SAEc, UP Diliman, and UM Davao City). Other schools offer the MA program (Xavier U, Holy Cross of Davao), but not MS.
SAEc can boast to be one of the best in Mindanao, and to be highly recognized nationally in the fields of microeconomic and macroeconomic theories, econometrics, economic development, international economics, project evaluation, regional planning and impact assessment. Even at a relatively young age, SAEc was able to establish reputation and recognition in the field of research, not only at the regional, but also at the national level. Both faculty members and alumni/students have presented most of their research outputs in various scientific fora in the local, regional and national levels. These researches were favorably reviewed and recognized by the scientific and academic communities of the Philippines. A few (around 15) garnered awards.
SAEc has conducted around 9 institutionally-funded (externally) projects as of 2012. Some of those external funding bodies are: DA-BAR, PCARRD, World Food Programme. It has been acknowledged that SAEc is the emerging leader in economics and econometrics in Mindanao, and it cannot be denied that this recognition was acquired mainly because of SAEc’s strong faculty and staff force.
If you want to know more about SAEc, you are most welcome to inquire at Room 2-06, Engineering Building of USeP. The contact points are:
(SGD.) Agustina Tan-Cruz, Ph. D.
As the country enters into the global market, the demand for graduates with strong economics and quantitative techniques background is expected to rise. This is because contemporary national and international relations all have underlying economic implications. Individuals, companies and government agencies are all interested in the art of “good housekeeping” because the knowledge of economics help them deal with the problems they face. the current economic crisis in Asia and the current debate on worldwide recession highlight the need to train more professionals with knowledge and competence in economics. Economics provides the tools and skills with which to deal with these issues. The need for these specialized skills will become more apparent with Mindanao emerging as an industrial hub of the Philippines.
The School of Applied Economics (SAEc) is designed to create career opportunities in research, agriculture, consulting, banking, manufacturing, education and the public sector. The programs offer excellent opportunities for inter-disciplinary approach to providing a well-balanced economic education program emphasizing rigorous study, critical thinking, independence, problem solving, creativity, and flexibility for qualified students in the region. The School is envisaged to be multi-professional, offering a wide range of highly specialized undergraduate and graduate options. Courses offered in the undergraduate level are: Bachelor of Science in Economics and Bachelor in Science in Agricultural Economics.
The degrees offered in the Graduate level will be suitable for those who wish to occupy managerial or administrative positions in either the public or private sectors. These include: Graduate Diploma in Economics, Graduate Diploma in Econometrics, Graduate Diploma in Agricultural Economics, Master of Science in Economics and Master of Science in Econometrics. These programs are designed to develop knowledge and skills for a thorough understanding of the economic, social and political environments for people managing communities and companies. It also seeks to develop fundamental concepts and skills in the application of analytical techniques necessary for decision making or problem solving.
The Proposal to establish the School and Applied Economics (SAEc) was approved as per Resolution Number 2782 Series of 1999 with Dr. Tim J. Coelli, a senior lecturer of University of New England, Australia as guest speaker.
The School of Applied Economics (SAEc) will assert, maintain and enhance its leadership role in areas of instruction and research, especially in the field of economics. This role is coupled with a responsibility to a better understanding by faculty, students and the broader community of future generations. The School will be recognized for the quality of its intellectual endeavors and the means by which it undertakes its instruction, research and administrative functions.
The School of Applied Economics is committed to:
- Educate and train students, particularly in the feild of economics
- To develop intellectual skills and knowledge in economics, at the same time embracing a responsibility for the future
- To expand knowledge in economics through research
- And to foster and promote principles of equity, both at present and for future generations.
- SAEc offers degrees in Economics, Agricultural Economics, and Econometrics.
- It provides training in quantitative methods in the feild of Economics, for all levels.
- It undertakes researches which will be disseminated at seminars and conferences with the aim of publication in referred journals of high standing.
- It takes care of supervision/advisory of graduate and undergraduate research, both for its own students and jointly with other departments or schools in the university.
- It provides enhancement of the quantitative research undertaken by graduate and undergraduate students, as well as the faculty and staff within SAEc. For graduate students, this role involves joints research and provision of short courses.
- It provides professional service to the community through seminars, short courses and the like. It provides technical assistance and other expert services to regional and local government agencies.
- It aims to develop high-quality instructional and other learning materials in Economics, Econometrics, and Agricultural Economics.
- It aims to design and implement the Distance Education Program for its graduate course offerings.