Friday, August 25, 2023

Economics carols (macro, micro, public finance, math econ)

These two economics carols were composed and sang by UPSE PDE batch 33rd, our batch, in Dec. 1997, nearly 26 years ago. We sang this again during the PDE alumni homecoming last Saturday Aug. 19. Enjoy.

Note: Devt. Econ. (DE) 201 is macroeconomics, DE 202 is microeconomics, DE 251 is public finance econ.
Dr. Orville Solon (former UPSE Dean) was our teacher in DE 231 (Stat Econ) with health econ as frequent case studies.
Dr. Joy Abrenica (current UPSE Dean) was our teacher in DE 206 (Math Econ).
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Econ. 201, 202, 251
(Tune: Jingle Bells)

201, 201
Aggregate demand
Y = C + I, G + X - M!
IS curve, LM curve
Modelong Keynesian
Inapply sa thailand
Bumagsak naman

Doon sa 202
Andon si Pareto
May monopoly
MR = MC
Perfect competition
And price equilibrium
Isoquant and isocost
Compliments, substitute.
Hey!

251, 251
Dornbusch and Fischer
kung may market failure
may multiplier, hey!
Government borrowings
Crowding out effect
Interest debt payment
1/3 na ng budget.
Hey!
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Orville and Joy
(Tune: Joy to the world)

Orville Solon
May regression
Autocorrelation
Multi-collinearity
Hetereroskedasticity
Gulo ng equation
Dulot ay confusion
Pahingi na lang kami ng condom.

Joy Abrenica
Crush ng bayan
Expert ng Lagrangian
Calculus at algebra
Prisoner’s dilemma
Master ng game theory
At Nash equilibrium
Pahingi na lang kami ng uno.
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