University SOE eligible for College status, to be renamed as Tullao College of Economics
University SOE eligible for College status, to be renamed as Tullao College of Economics
SOE eligible for College status, to be renamed as Tullao College of Economics
April 1, 2016
April 1, 2016

The DLSU School of Economics (SOE) will soon be known as the Tullao College of Economics (TCOE), after one of the department’s most notable professors, Dr. Tereso S. Tullao Jr. The shift comes after the announcement of current Dean Marites Tiongco over the University help desk last month.

“Truly, having our college finally named after one of its most notable University Fellows is an awe-inspiring honor…To have Dr. Tullao in this University is a legacy that will continue to inspire young economists and students alike,” TCOE Vice Dean Mitzie Conchada proudly stated in an assembly held to declare the newly named college last February 29.

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A legacy left behind

News about renaming SOE surfaced early last year, when Dr. Tullao discreetly called for a retirement meeting. After having rendered 43 years in teaching economics, Dr. Tullao sought Dr. Tiongco for a plan about his said retirement from the University. As an explanation, he reasoned out that his duty as a professor has now ended and that it was now the opportunity for the other faculty members under the college to pave their way towards professionalism and “mark their own legacies” as educators of aspiring economists and students alike.

Dr. Tullao has won numerous awards, including the 2015 De La Salle Alumni Association Lasallian Achievement Award and National Book Award, to name a few. He has also authored various books about economics as well as monographs and research articles. He was the former dean of the College of Business and Economics of DLSU from 1996-2001.

“I am afraid that I am hindering other faculty members from [doing] their best as educators,” Dr. Tullao stated as he talked about his retirement plan early last year. “It was time for me to discover all the remaining options that could possibly maximize my utility without it ever decreasing,” he laughingly claimed as he was looking for other possible hobbies aside from teaching as a professor in DLSU, many of which he enumerated as “recreational hobbies” to keep him busy during his retirement age.

“I am not getting any younger. It’s time for me to do other things too, other than teaching. I guess teaching full time here in the University has its own opportunity cost. I was not able to do the things that I really loved even in my younger years,” Dr. Tullao further clarified during the meeting.



Various factors were considered in deciding on the college’s new namesake. Factors such as professional attainment, books and works published, research papers presented, research congresses hosted and participated, quality of service, proper conduct, good moral standing, and, of course, the length of stay in the University. The deliberation for the college’s new name occurred last January 15.

Tullao, being one of the University’s leading economic professors since 1973, was only one of the many names considered during the deliberation. Other economics professors had also been assessed, many of whom were full professors, such as Dr. Myrna Austria, Dr. Lawrence Dacuycuy, and Dr. Angelo Unite.

After a long and careful deliberation, Dr. Tiongco, as the head councilor of the meeting, declared Tullao as the most notable educator of the college and therefore planned to name the college after him.


The take on Tullao’s retirement

“The first time the news about Dr. Tullao’s retirement had arrived, I was in tears. He was one of my closest colleagues, and for him to retire gave me such an unexplainable feeling—a feeling of remorse. His talents and skills as an educator were definitely an asset to our school and to our future economists as well. Had Dr. Tullao employed himself in another university, the School of Economics would be built on solely just buildings, cement, and unexplained graphs; hence, it would have been built on bland soil where our students wouldn’t be able to bloom and prosper to their hearts’ content. Having Dr. Tullao as a fellow educator really made me more refined as one,” Paulynne Castillo, a faculty under the new TCOE, shares.

Students, especially those majoring in economics, also express dismay over Dr. Tullao’s retirement.

Ashley Dasugo (III, AEF-BSA) a former student of Dr. Tullao, says that she is deeply saddened by the news. “I remember hoping to get him as my professor for ECONTWO, and I actually looked forward to his classes. My learnings in macroeconomics expounded mainly because of him. I would certainly miss his well-planned teachings even if it’s mostly [in] Tagalog. He brought macroeconomics to a whole new level,” Dasugo describes.

Like Dasugo, Carlo Paez (III, AEI-BSA) had Dr. Tullao for ECONTWO. “He was exceptional. That much I can recall. He made ECONTWO easy for me. I can clearly remember his book, Elements of Economics, and it was a one-of-a-kind tool in aiding me to understand ECONONE. What I learned from him was something that I would never want to trade. It was an honor to be taught by him. DLSU would not be DLSU if not for him, and studying here with an economics major would not be the same without him,” he illustrates.