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n my almost-four years of stay in the School, it was only recently that I have experienced drastic changes in administration of the School in the middle of the year. I’m pretty sure some of us has a clue on what I’m saying. If you don’t, well, it’s probably partly our fault. When I was the representative of SIDHI during an even organized by the College of Mass Communication Council, Coffee-Write, it made me think about SIDHI, our role as a student publication and whether SIDHI was successful in executing that role. As I was pondering on all of these, it made me go back to this incident at the beginning of this semester. I guess to completely summarize what I am trying to say is that, in behalf of SIDHI, I sincerely apologize for not doing our role to expose this vindictiveness and to be the escape of the students regarding this issue. Just like the personnel and some students, I admit that we were also afraid, and that fear got the better of us. But the School should move on from this—and SIDHI will too. What is done is done. The important thing is that SIDHI has learned a lesson, but more importantly, the students should learn their lesson too. See, this would not have happened if it were not for student collective action. I applaud the Student Council and the other Econ-based organizations for working together and agreeing that something must be done and that the students could no longer tolerate this outrage. And because we were brave to step up and to fight for our rights, we became successful.Not only that, during the protest against the budget cut, students from all over the UP system walked out and brought their protest to the senate. And while in fact the faculty and staff were present as well, there is no denying that the students were the major driving force, once again proving that student collective action is not a show but an effective means to voice out. Then what is the lesson the students of School of Economics should learn from this? That students, when we collectively stand up for what is right, will be heard and will have a strong and powerful voice that even the Dean or the government will find hard to ignore. I am very proud to witness this marvelous student collective action turn to a success. We are not as apathetic as people think or as we think we are. But I hope that this doesn’t end here. Just because that mission was accomplished, it doesn’t mean that we should stop being vigilant. I hope that the bravery we had to fight for our rights transcends to not just problems within our School, but to outside—into the University and the national—as well. In this issue of SIDHI, student participation is greater than before. Aside from being created by students alone, this issue made sure that it has heard the students and gave them a chance to say what they have to say. And if that is not enough, SIDHI has hopefully expressed some of those for them. Don’t let the fanciful and colorful cover art of this issue mislead you. That is just a representation of the journey SIDHI wants you to take whenever you read SIDH, and not just in this issue, but for every issue you have or will ever read. Continue reading and see it for yourselves.

What’s up with BSBE?


Debsoc’s Invisible Home


This is plain trash talk


The PhD Story


How the sophomores are dealing with the change Articulate, brilliant but homeless What Econ is taking for granted

The accounts of a man who’s going through Graduate school

Speak up, Econ


Fields in Economics


Double-edge Peso


Pride and Prejudice


Hearing what students have to say It is back, and now it’s going corporate

The misconceptions of peso during the holidays A doze of conscience calling


change in the Business Economics curriculum has been “in effect” for two Thesemesters now.

Emphasis the quotation marks because the change isn’t an official one—rather, it is the knee-jerk adaptation of the SE administration to the refusal of the College of Business Administration to offer business courses to Economics majors. How does it work? Well, we, the sophomores including our batch representatives, aren’t so sure. All we know for certain is that for the BS BE sophomores, nothing is certain. Amidst the shift of the college secretary from Ma’m Carlos to Ma’m Quimbo, much hearsay has floated regarding the fate of our batch; so far however, the SE has made it appear like they are fine taking it one sem at a time.

What’s Up with BS BE? Hearing what the students have to say

Kenneth Reyes

“We signed up for a course we knew to be an Econ-BA hybrid, not a vacillating Econ mutant.”

For our 2nd year 1st sem, we were informed over the summer that all the BE students would be taking BA 99.1 in SE under one class, instructed by an imported professor. Likewise, for the 2nd semester, we were informed over the sem break that BA 180.1 would again be taken in SE under one class, also unSecondly (and I feel this possesses greater gravder an imported professor. ity), this wishy-washy editing of our curriculum ultimately reveals a serious flaw in the administration. What are the implications of this, besides the This all allegedly stems from the cheating incident dismaying possibility that we Business Economists six years ago and the ensuing cold war between SE would never step foot in the College of Business? and CBA that resulted.Very intriguing, yes, but what There are two issues involved: the outcome and the does it have to do with us? Nothing. Why then are ethic. we beset by a murky curriculum? All this shows the inability of these two colleges to keep their faculty Firstly, this curriculum change raises understand- politics away from innocent students. And more able questions from the BE students regarding the than that, if conflict is indeed unavoidable, can you at quality of their course. For years, students have taken least give us the courtesy of finalizing the changes to their BA classes at CBA, but now, they are taking our curriculum for the entire course? It’s thoroughly them in SE under experimental professors. While frustrating how we only get bits of information now due recognition to these professors’ credentials is and again. Don’t you know: when it comes to acain order, one can’t help but feel cheated: we signed demics, students are naturally risk-averse; we are, up for a course we knew to be an Econ-BA hybrid, after, all talking about shaping the rest of our lives not a vacillating Econ mutant. Furthermore, while BE here. students are normally dispersed among BA and BAA students, we are fated to forever be with each other As students of economics, we are proud to be only. This narrows our sources of influence and con- part of SE, and I’m sure that we will learn to live nections, impeding our growth and denigrating our by whatever Darwinistic adaptation SE may need to learning process. We enter college, after all, to meet undertake in response to the situation. But as long new people and absorb new ideas. Locking us up as this overhaul remains shrouded in mystery, this with the same set of classmates for three years is so college must acknowledge the reality that we only high school. grow more and more weary.






John Mayer once said in his song that “it’s better to say too much than never say what we need to say.” So SIDHI guesses it is just about time that the voice of Econ be heard more. SIDHI gave the opportunity for students from UP School of Economics to say what they have to say about the things happening inside and outside the School. What the students have come up with are both interesting and thought-provoking in more ways than one.



a fun adventure!” Irene Arzadon BSE

Why not? :> BSE 09-55319

easy.” BSE 09-5531

Because it’s awesome and it makes you look smart ;)) Patty Bucao

a little more certain like science.” BSBE 09-29991 just like Mathematics, queen of all sciences and gives [exact] sure answers.” BSBE 09-04444 listened to more often by public officials.” BSBE 07-25004 the only course in life. :D” Ryan BSE 08-32286 more eco-conscious.” BSBE 08-21383 more practice oriented.” Jerome Campos BSE more behavioral.” BSE 08-39050 show business. :)” Karla Kay Sarno BSE 09-57594 always in equilibrium.” BSBE 09-50602 a hot girl with big boobs.” Aaron James Limpe Aw BSE “I wish Philippine economic history was offered as a Phil. studies GE.” Justin BSBE 07-25047


“I WISH SCHOOL OF ECONOMICS HAD… 24 hour water dispenser.” Ryan BSE 08-32286 paper recycling bins.” John BSBE 08-67638 airconditioned tambayans.” BSBE 09-29991 swimming pool or a bowling alley.” BSBE 09-50602 less centipedes.” Ica Ducanes BSE GMA as professor.” BSBE 07-41168

Curves. BSBE 09-50192 Because people in our country don’t really know how to manage and allocate scarce resources, I don’t want to be one of them. BSBE 08-21342 I enjoyed Econ when we took it up in 3rd Year High School and based on what I’ve seen from Econ Graduates that I know, Econ can give a multitude of career possibilities. Even if I didn’t know what I wanted to be yet, if I took Econ I could still be anything I wanted. BSBE 09-29991 Really, because I was thinking it’s related to BA and/or Accounting which is my first choice. BSE 07-78166 Because I see my dreams becoming reality only in Econ. BSBE 09-13840 Because it is a gateway to many career paths. BSBE 08-21383 Econ, as in the field of study, allows me to look at the world in a different way. It gave me an avenue to think critically and creatively. If you refer to the School, Econ has been witness to five semesters that gave me a lot of experiences I would never ever forget. BSBE 08-28934

ANSWER, “WHY ECON?” It’s unexplainable. BSBE 2008-39050

ANSWER, “WHY STILL IN ECON?” Because Econ rocks. It’s fun to be in econ and it’s more challenging (I guess)... and why would I settle for less if I can have the best? Jas BSBE 09-26311 Because I passed 131 and my EWA is above 2.5. LOL :)) BSBE 07-41168 Tinatamad nang lumipat ng ibang course. BSE 08-10592 Because everything I invested (time, life, money, friends, grades, effort) is in Econ. Ryan BSE 08-32286

Fields in Economics 2

Despite how hard it is, I still like it. Ica Ducanes BSE Besides it being too much of a hassle to shift, I don’t think I’d ever find a crowd as good as the crowd in Econ. BSBE 09-22089 Curves. BSBE 09-50192 Because Econ is not asking me to leave. BSBE 09-50602 Great facilities and newly renovated rooms, wifi everywhere in econ, and the list goes on... BSBE 09-13840


Doubleedged Peso Geraldine Guarin


Malacañang’s growing concern on the economic effects of the continuous devaluation of the dollar did not move the BSP on controlling the change of hands yet. Presidential Spokesperson Edwin Lacierda on one hand said the Palace’s resolve on trusting the BSP on top of the situation. In any case, there are “menu of options” for BSP to call upon on mitigating the peso appreciation like continuous liberalization of the foreign exchange regulatory framework. As known by all, since the surge, BSP is already limiting forex that clients may buy so as to make sure that strong capital flows into RP would not result to a buildup in inflationary pressures and at the same time stem the steady, but mild appreciation of peso against dollar. While peso appreciation is haven for importations, it is at the same time hell for export groups, business process outsourcing and tourism industries. What will happen next to the

long-awaited announcement of Second Quarter Expansion or the QE2? The continuous expansion of US monetary leads to lower interest rate that’s now close to zero, making investment unfriendly. This major global currency compels the whereabouts of other currencies. Philippines is one of the many whose main economic driver is dollar remittances. Purchasing power of families of OFWs this coming end of year is expected to be lower than previous two years. The peso has reportedly strengthened by over eight percent this year. The Britishowned Hongkong and Shanghai Banking Corporation (HSBC) projected that by the end of the year, the peso-dollar rate would close to P41:USD1.

Definitely, the adverse effects hitting the export group, business outsourcing and tourism industries is coercing downsizing of former bloom from this side of the economy, but as BSP also sees it, RP’s neighbors now are experiencing the heavens of the weakening of the dollar like the good kicks from the importation side. The Palace also recognized that the country is gaining strength along with the other ASEAN currencies. All these happened before the QE2. Can we now imagine what will happen further? Twice the strength or the start of curse? We can never exactly project the turns of this dollar expansion to the world’s currencies. How economic policies fares would be based on how it is shaped by the people. As history tells, the Filipinos may be vulnerable, but always resilient.



Of Pride and Prejudice

dmit it—we’re all proud of something. It may be an idea that you’ve never found anyone else to have. It may be an accomplishment that falls far beyond the call of a normal college student. It may be your unique ability to absorb everything the professor says to heart. No matter what the cause of your being proud, we also have to admit that we sometimes tend to defend that certain principle when it falls under attack. The threat may stem from a better idea, a distinguished accomplishment, or a useful ability to selectively capture relevant information. When we feel threatened by these external forces, our first reaction would be to put our own principles on a pedestal and throw the competitor to the wolves.

Something that you cannot take away from them no matter what you try? They may agree with you to some degree, but in the end you will always be proud of your own while they will always be proud of their own and we should learn to respect that. Being the rational beings that we all are, wouldn’t it be better if we learned to set aside our differences and realize that we can all be proud of each other being proud of something? Of course, one can dream. What matters is that we should learn to see that in the real world, we’re not the center of the universe. You may be the center of your own universe, but that doesn’t mean that everyone else should believe that. We may try to influence them into thinking the same way, but it’s a lost cause.

You may be the center of your own universe, but that doesn’t mean that everyone else should believe that.

Personally, I say that it’s perfectly normal, provided that those thoughts will remain thoughts. The normal response would be either to spark a debate to make our principles stand out, to impress excellence upon ourselves that we may be noticed, or to develop those talents so that they can benefit more people. We don’t literally throw them to the wolves.That is what sets us apart from animals who are driven by instinct. The fact that we can turn away from our initial response and come up with a more productive and rational reaction is one of the things that’s more human than animal, and one we should be proud of.


We have something to be proud of. But are we also aware that maybe, possibly, there are others who have something to be proud of as well?

Being proud of one principle doesn’t mean killing the others; it simply means you value your own principles more. Because of this, we ought to treat others as we ought to treat ourselves: one who is standing for something that for them is very important. Don’t go kill the messenger. Be proud. Stand for what you believe in. It’s perfectly okay.What matters is that when you feel threatened by something foreign, don’t go crazy and start shooting. Be more human than animal and think about what you might possibly do. Disclaimer: The author has never read the novel of a similar title; the similarities (as far as the author knows) extend only as far as the title.





E fi b b a m


Fresman Welcome Assembly June 7, 2010

Entitled the Now Generation, this year’s freshmen welcoming activity was a day filled with excitement and energy. The morning’s program consisted of a college briefing for the freshmen where they were able to get to know more about our beloved School of Economics. After lunch they were toured throughout half of the academic oval and engaged in different team building activities. This day definitely marked a great start for the new freshmen of the School of Economics


FIRST SEMESTER EVENTS Econ Aquiantance Party June 28, 2010

Annually touted as THE Econ party for the first semester, the acquaintance party was a huge success. Students from different batches participated in numerous games and activities. During the party a unique fashion show pleasantly surprised the attendees. To cap off the event, the School of Economics Student Council serenaded the audience with two songs.


FIRST SEMESTER EVENTS Batch Month July 10, 2010

For one whole month different inter-batch activities were prepared by the batch representatives for their constituents. Everyone enjoyed the yearly batch bonding and pakain. Batch Month was culminated with Mr. and Ms. UPSE, a yearly pageant for the students of the school. This year, Steven Hotchkiss and Leila Rahnema won the top prize for the Seniors.


FIRST SEMESTER EVENTS Black & White July 16, 2010

In the absence of light, there is sound. Black and White was this year’s fundraiser for the Team Sports Arts and Culture. Different amateur bands from all around the metro got together for one night of great music and revelry at the Katips bar along Katipunan. All profits for this event went to the funding for sports equipment for the school.


FIRST SEMESTER EVENTS Schoolympics July - August, 2010

This year’s annual Schoolympics was hotter than ever as the batches competed for the championship title. Each batch gave it their best but in the end the Seniors managed to keep their championship title for the third consecutive year. Coming at a close second were the Sophomores, followed by the Juniors and the Freshmen.


FIRST SEMESTER EVENTS Friendship Week August 17-20, 2010

For one whole week, the three main organizations of the School of Economics open their doors to the whole community. The whole SE 121 became a big tambayan for all students. A fortuneteller was hired so that the students can have their future told. There were different activities lined up for the whole week namely, a film showing, food stuffing, Schoolympics prelims, Karaoke Idol and even a debate.


FIRST SEMESTER EVENTS National Youth Congress August 28, 2010

The Economy owes Ecology an Apology. This year’s National Youth Congress focused on the different consequences the economy has on the environment. High School students from different schools were taught how to use Economics as a tool for analyzing current environmental problems.


School of Economics Student Council 2010-2011


Catherine Alcantara Chairperson Birthday: April 19, 1990 Zodiac Sign: Aries Childhood Dream Job: Pilot What not many people know about you: I love playing sports? Haha. Name it, I MIGHT be able to play it. I don’t eat rice and I don’t drink softdrinks. I got punched on the eye by a kindergarten classmate because mas maganda daw ang fireworks nila nung New Year. So she punched me just to show how great it was.

Kenn Chua Vice Chairperson Birthday: March 16, 1989 Zodiac Sign: Pisces Childhood Dream Job: Astronaut – I wanted to be the first man on Jupiter! What not many people know about you: Eons ago, I was a debater, a volleyball varsity player, a writer for our school paper, an actor (super minor role!) in a school musical, and a dancer (just for a year!) for the dance club!

Carlo Go School of Economics Representative to the USC Birthday : April 16, 1989 Zodiac Sign: Aries Childhood Dream Job: Paleontologist or Archeologist What not many people know about you: I’ve been studying since I was 2 and 1/2 years old. So if the world ends on 2012, I’ll die studying.

Chiara Cokieng Councilor for Education and Research Birthday: November 15, 1990 Zodiac Sign: Scorpio Childhood Dream Job: Lawyer (ginaya ko lang sa close friend ko) What not many people know about you: I was almost retained and/or kicked out in Kinder I.

Nicole Villanueva Councilor for Finance Birthday: November 21, 1989 Zodiac Sign: Scorpio Childhood Dream Job: Detective What not many people know about you: I love to eat! I always have to have an alcohol or hand sanitizer with me.

John Gan Councilor for Internal Affairs Birthday: December 20, 1990 Zodiac Sign: Sagittarius Childhood Dream Job:Businessman (Chinese na Chinese) Whatnot many people know about you: Abudo. My high school barkada made that word up. It can mean anything! Well, mas ginagamit siya as an expression? Parang kung nagulat ka, you say “Abudo!”

Karen Orticio Councilor for Marketing Birthday: November 9, 1990 Zodiac Sign: Scorpio Childhood Dream Job: Tagalinis ng tables sa Jollibee! hahaha What not many people know about you: I adopt stray cats, and I’m on my way to becoming a PAWS volunteer.

Patrick Santos Councilor for Media and Publicity Birthday: December 20, 1990 Zodiac Sign: Sagittarius Childhood Dream Job: Superhero What not many people know about you: I don’t know how to ride a bike

Henryson Tan Councilor for Sports, Arts, and Culture Birthday: November 18, 1990 Zodiac Sign: Scorpio Childhood Dream Job: Basketball Player What not many people know about you: I like listening to Taylor Swift.

Miguel Ruffy Councilor for Secretariat Birthday: January 9, 1990 Zodiac Sign: Capricorn Childhood Dream Job: Doctor, lawyer, priest, CASHIER! What not many people know about you: I like putting liquid seasoning on everything I eat!

Carl Asiddao Senior Batch Representative Birthday: January 2, 1990 Zodiac Sign: Capricorn Childhood Dream Job: To be a scientist What not many people know about you: I don’t like to eat seafood (shrimp, shell foods, crabs, etc) andI have no nail on my middle toe left foot since birth.

Maan Espinosa Senior Batch Representative Birthday: March 24, 1990 Zodiac Sign: Aries Childhood Dream Job: TV Reporter What not many people know about you:I considered entering the convent as I was about to graduate high school but decided not to at the end. Now the thought of it makes me laugh, what would have happened if I did?

Fatima dela Cruz Junior Batch Representative Birthday:July 1, 1991 Zodiac Sign: Cancer Childhood Dream Job: Astronaut! Floating looked so fun. haha What not many people know about you:I’m not Chinese? Haha! When I was a freshie, I sat-in 1 BA 99.1 class (Kitch), 1 Econ 102 class (Kraft) and 4 CWTS talks. Yeah, I probably had too much free time!

Carissa Sta. Maria Junior Batch Representative Birthday:March 26, 1990 Zodiac Sign: Aries Childhood Dream Job: Cashier in a grocery store! :)) What not many people know about you:I really really really like watching game shows and/or cooking shows! :) I could spend an entire day just doing that! :)) Or if not that... I can really sleep all day!

Benedict Bismark Sophomore Batch Representative Birthday: November 9, 1990 Zodiac Sign: Scorpio Childhood Dream Job: Firefighter What not many people know about you: I accidentally stole from a grocery store when I was young. I put the can of Pringles in my pocket instead of in the basket.

Kelvin Tagnipez Sophomore Batch Representative Birthday: November 4, 1992 Zodiac Sign: Scorpio Childhood Dream Job: President of the Philippines What not many people know about you: My dad was a UAAP basketball player. I did not inherit the skillzz.

John Paulo delas Nieves Freshmen Batch Representative Birthday: October 6, 1994 Zodiac Sign: Libra Childhood Dream Job: Bingo man? :)) Yung nagbabasa ng numbers sa bingo. What not many people know about you: I know how to bark like a real dog, meow like a real cat and I know how to make the sound of a real rooster. Stefanie “Stef” Su Freshmen Batch Representative Birthday: June 4, 1992 Zodiac Sign: Gemini Childhood Dream Job: Too many to mention! Hahaha! I wanted to be a diplomat and work at the UN, then I wanted to become a flight attendant (but only for the 90’s band Westlife), and also of becoming a happy old hermit, off to some island in the Bahamas. :) What not many people know about you: Uhh, I am annoyed with/ afraid of feeling-buff people who show off their abs/ flabs. No, Seriously! Hahaha! Also, I like to quietly steal other people’s food! (but only with those people I’m REALLY close with. Haha!)

SIDHI's 2nd issue, Back-to-back with E-Files  

SIDHI is the official student publication of UP School of Economics. This issue is tied with E-Files, the official publication of UPSE Stude...