Economic Terms
This term means to hold all things constant
Ceteris Paribus
Gokongwei/Goks
This focuses on the readings and principles of Economics
Ecolite
This activity gathers all the members together to discuss the activities planned out for the term
General Assembly
President
John Roque
the loss of potential gain from other alternatives when one alternative is chosen.
opportunity cost
This is the gym where all athletes train and practice
Razon
This introduces calculus into Economics
ECOCAL1
This Activity is the Flagship Event of EconOrg wherein prestigious economists are gathered to discuss timely issues
Young Economist Convention
YEC Commisioner
JJ Silva
a metaphor for how, in a free market economy, self-interested individuals operate through a system of mutual interdependence.
invisible hand
Br. Connon Hall
This is the premiere training ground for future leaders and even officers of the organization
CORE Program
Vice President for Research
Marion Sanchez
"refers to the basic fact of life that there exists only a finite amount of human and nonhuman resources which the best technical knowledge is capable of using to produce only limited maximum amounts of each economic good.
scarcity
This is a study hall used by Economics Students
Medrano Hall
ECONSTA
This is an event where either mobile games or actual sports are played in a tournament setting
Ecolympics
ARW Elite
Lara Bulda
the simultaneous purchase and sale of the same asset in different markets in order to profit from tiny differences in the asset's listed price
Arbitrage
This is where the SOE office is located (exact room number)
LS 207
QLY-ECO
This is a strictly video posting wherein the officers get to reach out to its members by doing fun and entertaining challenges
Medrano Studios
Vice President for Publicity
Richelle Tan