Login Register

Environment and Social Psychology

  • Home
  • About the Journal
    • Focus and Scope
    • Peer Review Process
    • Open Access Policy
    • Publishing Ethics
    • Erratum & Withdrawal Policies
    • Copyright & Licence
    • Indexing & Archiving
    • Article Processing Charges (APC) Payment
    • Publisher
    • Contact
  • Article
    • Current
    • Archives
  • Submissions
  • Editorial Team
  • Announcements
  • Special Issues
Apply for Editorial Board Submit an Article

editor-in-chief

Editor-in-Chief

Prof. Dr. Paola Magnano
Kore University of Enna
Italy

Prof. Dr. Gabriela Topa
Social and organizational Psychology, Universidad Nacional de Educacion a Distancia
Spain

indexing-and-archiving

Indexing & Archiving

issn

ISSN

ISSN: 2424-8975 (Online)

ISSN: 2424-7979 (Print)

apc

Article Processing Charges (APCs)

US$1700

frequency

Publication Frequency

Monthly since 2024

Most Viewed

  • The Role of Social Support and Environment: The Mediating Effect of College Students’ Psychology and Behavior
    9096
  • The sustainable practice of education fairness in China: The influence of college students’ perceptions of senior teachers' support on students’ well-being
    8284
  • The Balance Between Resource Development And Environmental Protection Is “Social Contracting”: The Case Of LAPSSET Project In Kenya
    7983
  • Analyzing impacts of campus journalism on student’s grammar consciousness and confidence in writing engagements
    7634
  • A trip down memory lane: Sustaining collective memory through old shophouses in Jalan Mendaling Kajang, Selangor
    6155

Keywords

Home > Archives > Vol. 10 No. 5 (2025): Published > Research Articles
ESP-3228

Published

2025-05-28

Issue

Vol. 10 No. 5 (2025): Published

Section

Research Articles

License

Copyright (c) 2025 Christine Marie B. Fernandez, Jason V. Chavez, Rogelio F. Calibay Jr., Magna Anissa A. Hayudini, Ruzbyhann A. Basaluddin, Fatima Nerissa Muktadir- Jauhari, Narrin U. Ibrahim, Zhiraida Asadil-Daud

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

The journal adopts the Attribution-NonCommercial 4.0 International (CC BY-NC 4.0), which means that anyone can reuse and redistribute the materials for non-commercial purposes as long as you follow the license terms and the original source is properly cited.

Author(s) shall retain the copyright of their work and grant the Journal/Publisher rights for the first publication with the work concurrently licensed since 2023 Vol.8 No.2.

Under this license, author(s) will allow third parties to download, reuse, reprint, modify, distribute and/or copy the content under the condition that the authors are given credit. No permission is required from the authors or the publisher.

This broad license intends to facilitate free access, as well as the unrestricted use of original works of all types. This ensures that the published work is freely and openly available in perpetuity.

By providing open access, the following benefits are brought about:

  • Higher Visibility, Availability and Citations-free and unlimited accessibility of the publication over the internet without any restrictions increases citation of the article.
  • Ease of search-publications are easily searchable in search engines and indexing databases.
  • Rapid Publication – accepted papers are immediately published online.
  • Available for free download immediately after publication at https://esp.as-pub.com/index.php/ESP

 

Copyright Statement

1.The authors certify that the submitted manuscripts are original works, do not infringe the rights of others, are free from academic misconduct and confidentiality issues, and that there are no disputes over the authorship scheme of the collaborative articles. In case of infringement, academic misconduct and confidentiality issues, as well as disputes over the authorship scheme, all responsibilities will be borne by the authors.

2. The author agrees to grant the Editorial Office of Environment and Social Psychology a licence to use the reproduction right, distribution right, information network dissemination right, performance right, translation right, and compilation right of the submitted manuscript, including the work as a whole, as well as the diagrams, tables, abstracts, and any other parts that can be extracted from the work and used in accordance with the characteristics of the journal. The Editorial Board of Environment and Social Psychology has the right to use and sub-licence the above mentioned works for wide dissemination in print, electronic and online versions, and, in accordance with the characteristics of the periodical, for the period of legal protection of the property right of the copyright in the work, and for the territorial scope of the work throughout the world.

3. The authors are entitled to the copyright of their works under the relevant laws of Singapore, provided that they do not exercise their rights in a manner prejudicial to the interests of the Journal.

About Licence

Environment and Social Psychology is an open access journal and all published work is available under the Creative Commons Licence, Authors shall retain copyright of their work and grant the journal/publisher the right of first publication, and their work shall be licensed under the Attribution-NonCommercial 4.0 International (CC BY-NC 4.0).

Under this licence, the author grants permission to third parties to download, reuse, reprint, modify, distribute and/or copy the content with attribution to the author. No permission from the author or publisher is required.

This broad licence is intended to facilitate free access to and unrestricted use of original works of all kinds. This ensures that published works remain free and accessible in perpetuity. Submitted manuscripts, once accepted, are immediately available to the public and permanently accessible free of charge on the journal’s official website (https://esp.as-pub.com/index.php/ESP). Allowing users to read, download, copy, print, search for or link to the full text of the article, or use it for other legal purposes. However, the use of the work must retain the author's signature, be limited to non-commercial purposes, and not be interpretative.

Click to download <Agreement on the Licence for the Use of Copyright on Environmental and Social Psychology>.

How to Cite

Marie B. Fernandez, C., V. Chavez, J., Calibay Jr., R. F., Anissa A. Hayudini, M., A. Basaluddin, R., Muktadir- Jauhari, F. N., … Asadil-Daud, Z. (2025). Assessing the utilitarian value of economics and business on personal beliefs and practices among working students. Environment and Social Psychology, 10(5), ESP-3228. https://doi.org/10.59429/esp.v10i5.3228
  • ACM
  • ACS
  • APA
  • ABNT
  • Chicago
  • Harvard
  • IEEE
  • MLA
  • Turabian
  • Vancouver

  • Download Citation
  • Endnote/Zotero/Mendeley (RIS)
  • BibTeX

Assessing the utilitarian value of economics and business on personal beliefs and practices among working students

Christine Marie B. Fernandez

School of Business Administration, Zamboanga Peninsula Polytechnic State University, Zamboanga City, 7000, Philippines

Jason V. Chavez

School of Business Administration, Zamboanga Peninsula Polytechnic State University, Zamboanga City, 7000, Philippines

Rogelio F. Calibay Jr.

College of Business Administration and Accountancy, Mindanao State University-Sulu, Jolo, Sulu, 7400, Philippines

Magna Anissa A. Hayudini

College of Health Sciences, Mindanao State University-Sulu, Jolo, Sulu, 7400, Philippines

Ruzbyhann A. Basaluddin

College of Business Administration and Accountancy, Mindanao State University-Sulu, Jolo, Sulu, 7400, Philippines

Fatima Nerissa Muktadir- Jauhari

College of Business Administration and Accountancy, Mindanao State University-Sulu, Jolo, Sulu, 7400, Philippines

Narrin U. Ibrahim

College of Business Administration and Accountancy, Mindanao State University-Sulu, Jolo, Sulu, 7400, Philippines

Zhiraida Asadil-Daud

College of Business, Administration, Sulu State College, Jolo, Sulu 7400, Philippinees


DOI: https://doi.org/10.59429/esp.v10i5.3228


Keywords: utilitarian value; economics education; business principles; working students; strategic planning


Abstract

This research examines the practical significance of economics and business on the personal values and habits of employed students in the Philippines. Using a qualitative method, data were collected via semi-structured interviews with 40 working students from the Zamboanga Peninsula, Basilan, and Sulu. The results indicate that economics and business concepts are not only relevant in academia but also play a crucial role in influencing daily decision-making practices. Three main themes surfaced: financial education via budgeting and managing resources; achieving work-life balance and optimizing time; and strategic planning for career and income. Participants indicated that ideas like opportunity cost, utility maximization, and economic rationality assisted them in managing scarce resources, making well-informed choices, and embracing entrepreneurial mindsets. By placing personal challenges in the context of economic and business frameworks, these students showed agency, resilience, and a long-term perspective. The research finds that incorporating economic education into the real-life experiences of employed students fosters practical skills as well as critical thinking and flexible strategies to address socioeconomic challenges.


References

[1]. 1.Abneoja,R., Accion,N., Aguilar, J., et al.(2020) The Experiences of Working While Studying: A Phenomenological Study of Senior High School Students

[2]. 2.Paguio 2019) FACTORS AFFECTING STUDENTS’ TIME MANAGEMENT AND ITS RELATIONSHIP TO THEIR ACADEMIC PERFORMANCE. Retrieved from https://ejournals.ph/article.php?id=18810

[3]. 3.Bartolj, T., & Polanec, S. (2021). An Empirical Analysis of the Effects of Student Work and Academic Performance on the Probability of Employment. Economic and Business Review, 23(1), 26-39. https://doi.org/10.15458/2335-4216.1003

[4]. 4.Bixby, S.D. Leveraging effective time management into improved work-life balance. Pediatr Radiol 54, 1033–1035 (2024). https://doi.org/10.1007/s00247-024-05876-x

[5]. 5.Campbell S, Greenwood M, Prior S, et al. (2020) Purposive sampling: Complex or simple? Research case examples. Journal of Research in Nursing 25(8): 652–661. DOI: 10.1177/1744987120927206

[6]. 6.Charter Charge (2019). 7 Money Saving Tips for Students Retrieved from https://www.chartercollege.edu/news-hub/7-money- Saving-tips students?fbclid=IwAR3kXHh5haWlH9uh23VgsM_1_HQ FavNAi56D49WhNaAFPSYje70gx1AU9CQ

[7]. 7.Chavez JV and Prado RTD (2023) Discourse analysis on online gender-based humor: Markers of normalization, tolerance, and lens of inequality. Forum for Linguistic Studies 5(1): 55–71. DOI: 10.18063/fls.v5i1.1530

[8]. 8.Chavez JV, Del Prado R, Estoque M (2023). Disrupted income of women educators during pandemic: Economic effects, adaptive strategies, and government recovery initiatives. Journal of Infrastructure, Policy and Development 7(2): 1973.Doi: 10.24294/jipd.v7i2.1973

[9]. 9.Chung H (2023). When utilitarianism dominates justice as fairness: an economic defence of utilitarianism from the original position. Economics & Philosophy 39, 308–333. https://doi.org/10.1017/S0266267122000098

[10]. 10.Quintanilla (2022) How college students can start investing — and making — money. Retrieved from https://www.google.com/amp/s/www.cnbc.com/amp/2022/04/08/how-college-students-can-start-investing-and-making-money.html

[11]. 11.Garil B.A., Entong M.B.M., Muarip V.C., et al., 2024. Language Delivery Styles in Academic Trainings: Analysis of Speaker’s Emotional Connection to Audience for Lasting Learning. Forum for Linguistic Studies. 6(3): 326–342. DOI: https://doi.org/10.30564/fls.v6i3.6533

[12]. 12.Inceoglu, I., Selenko, E., McDowall, A., & Schlachter, S. (2019). (How) do work placements work? Scrutinizing the quantitative evidence for a theory-driven future research agenda. Journal of Vocational Behavior, 110(B), 317e337

[13]. 13.International Monetary Fund. (2022). Policy response to COVID-19. Available online: https://www.imf.org/en/ Topics/imf-and-covid19/Policy-Responses-toCOVID-19 (accessed on 28 July 2023).

[14]. 14.Kopetz H and Steiner W (2022) Internet of things. In: Real-Time Systems: Design Principles for Distributed Embedded Applications. Cham: Springer International Publishing AG, pp.325–341.2023; 9(1): 1957. Doi: 10.54517/esp.v9i1.1957

[15]. 15.Laméris, M.D., Méon, PG. & van Prooijen, AM. What have we done?! The impact of economics on the beliefs and values of business students. J Bus Econ 93, 433–483 (2023). https://doi.org/10.1007/s11573-022-01114-8

[16]. 16.Lesskh, F., & Unger, M. (2022). Working long hours while studying: a higher risk for First-in-Family students and students of particular fields of study? European Journal of Higher Education, 13(3), 347–366. https://doi.org/10.1080/21568235.2022.2047084

[17]. 17.Logasvathi Murugiah, Rusmawati Ismail, Hasniza Mohd Taib, Shri Dewi Applanaidu, Muhamad Noor Habibi B.Hj. Long, Children’s understanding of financial literacy and parents’ choice of financial knowledge learning methods in Malaysia,MethodsX,Volume 11,2023,102383, ISSN 2215-0161, https://doi.org/10.1016/j.mex.2023.102383

[18]. 18.Matriano, Eric. (2021). QUALITATIVE INQUIRY ON MONEY SAVING AND BUDGETING PRACTICES AMONG COLLEGE STUDENTS UNDER SCHOLARSHIP PROGRAM.

[19]. 19.Suiter, Scott A. Wolla, Lily Levin (2022) Economics and Personal Finance Courses: Complements Not Substitutes. Retrieved from https://www.stlouisfed.org/open-vault/2022/oct/economics-personal-finance-are-complements-not-substitutes

[20]. 20.Meyers, E., Young Adult Financial Literacy and Its Underlying Factors, Honors Theses (2020) https://digitalcommons.assumption.edu/honorstheses/64

[21]. 21.Murro RA, Lobo JG, Inso ARC, Chavez JV. (2023). Difficulties of parents with low educational attainment in assisting their children in modular distance learning during pandemic. Environment and Social Psychology

[22]. 22.O’Shea, S. 2020. ‘Mind the Gap!’ Exploring the Postgraduation Outcomes and Employment Mobility of Individuals Who Are First in Their Family to Complete a University Degree. Final Report. Perth: National Centre for Student Equity in Higher Education.

[23]. 23.Oxfam International (2020). Dignity not destitution—An ‘Economic Rescue Plan for All’ to tackle the Coronavirus crisis and rebuild a more equal world. Available online: https://www.oxfam.org/en/research/dignity-not- Destitution (accessed on 28 July 2023).

[24]. 24.Philippine Statistics Authority (2022) Working Children Situation. Retrieved from https://psa.gov.ph/statistics/labor-force-survey/child-labor-statistics/node/1684060080

[25]. 25.Schwartz, K. D., Exner-Cortens, D., McMorris, C. A., Makarenko, E., Arnold, P., Van Bavel, M., et al. (2021). COVID-19 and student well-being: stress and mental health during return-to-school. Can. J. Sch. Psychol. 36, 166–185. Doi: 10.1177/08295735211001653

[26]. 26.Supervisor, & Majini, Jes & Bella, K.Majini. (2023). Determinants Of The Impact Of Time Management On Work-Life Balance. 11.

[27]. 27.Trong Luan Nguyen, Huu Tri Nguyen, Ngoc Han Nguyen, Dai Loi Nguyen, Thi Thu Dao Nguyen, Duy Linh Le, Factors affecting students’ career choice in economics majors in the COVID-19 post-pandemic period: A case study of a private university in Vietnam,Journal of Innovation & Knowledge, Volume 8, Issue 2,2023, 100338,ISSN 2444-569X, https://doi.org/10.1016/j.jik.2023.100338.

[28]. 28.Tumin, Tumin & Faizuddin, Ahmad & Mansir, Firman & Purnomo, Halim & Aisyah, Nurul. (2020). Working Students in Higher Education: Challenges and Solutions. Al-Hayat: Journal of Islamic Education. 4. 79. 10.35723/ajie.v4i1.108.

[29]. 29.West, H. R., Duignan and Brian (2024). Utilitarianism. Encyclopedia Britannica. https://www.britannica.com/topic/utilitarianism-philosophy



ISSN: 2424-8975
21 Woodlands Close #02-10, Primz Bizhub,Postal 737854, Singapore

Email:editorial_office@as-pub.com