Director : Thomas Mariotti

1st term	Microeconomics 1 Econometrics 1 Macroeconomics 1 Optimisation
2nd term	Microeconomics 2 Econometrics 2 Macroeconomics 2 Elective
3rd term	Elective Elective Elective

Course organisation

Students from the Master take the core TSE courses during the first two terms. Then, they begin to specialise, which enables those who will write a dissertation to make a preliminary choice of topic. During their second year, they will be able to pursue this topic further.

The specialisation stage is organised as such : each student can choose between Quantitative Economics or Econometrics. Each of these topics comprises the following courses :

Quantitative Economics	Econometrics
Industrial organisation	Advanced microeconometrics
Public economics 1 and 2	Econometrics of discrete choice
Trade and competition policy	Empirical models in industrial organisation
Theory of institutions	Non parametruic statistics
Development economics	Topics in applied econometrics
Labour economics
Game theory	Duration and Transition

Students must take at least three courses within the same topic. The fourth elective is chosen (together with the Master's director) amongst the elective of the TSE programme.

Director : François Salanié

1st term	Microeconomics 1 Macroeconomics 1 Econometrics 1 Environmental Economics
2nd term	Microeconomics 2 Public economics Growth and Resources Risk and Uncertainty       or Environmental Regulation
3rd term	Electives (6 seminars = half courses)

This Master was created in 1995 as a result of a growing demand for quantitative economists interested in the environment, natural resources, energy, agriculture and agro-industry. One of the chief objectives of this Master, like for the other research Masters, is to initiate students to theoretical or applied research so as to enable those who wish to pursue their studies to undertake a PhD.

Course organisation

Students must take a combination of TSE core courses, electives and seminars. They must also write a short research thesis and present their results in .front of a Faculty jury.

They must take the courses listed in the above chart. They should then choose six electives (12 ECTS credits) during the third term in the fields of specialisation (agriculture, water, energy) and/or in environmental policy:

Block Agriculture: Agricultural policy & environment ; Food policy.

Block Water: Applied water management : supply, demand and pollution (homework : applied econometrics on provided data sets)

Block Energy: Quantitative aspects of energy production ; Emissions and global warming ;  Resources in the long run  

General Policy: Environmental policy in open economies ;  Environ- mental liability ; Public investment under uncertainty; Environmental evaluation and policy

All the above courses are half courses (i-e 13 1/2 hours).

Master in Economics of Markets and Organizations

Director : Patrick Rey

1st term	Microeconomics 1 Econometrics 1 Industrial Organization Elective course (within TSE courses)
2nd term	Microeconomics 2 Econometrics 2 Networks economics Elective course (within TSE courses)
3rd term	Incentives & Regulation  2 elective courses (within TSE courses)

This Master is offered in collaboration with the prestigious schools E.H.E.S.S. Paris and Ecole Polytechnique. It is designed for graduates of engineering programmes as well as for students coming from more traditional economic and quantitative backgrounds. This Master provides a solid training in microeconomics and econometrics, and courses in industrial organisation, network economics and competition/regulation together with electives according to the specialisation of each individual student.

Course organisation

Students follow the courses highlighted in the above chart, a combination of TSE core courses and electives.

Electives of the 1st term: Transports Economics 1, Macroeconomics 1, Optimization, International Trade & Competition, Workshop (annual) on Competition Policy, Conferences (annual) on I.O. of Networks

Electives of the 2nd term: Transports Economics 2, Industry Regulation, Risk Management, Game Theory, Econometrics of the firm and the consumer , Workshop (annual) on Competition Policy, Conferences (annual) on Industrial Organization of Networks

Electives of the 3rd term: Empirical Models of I.O., Corporate Finance, Financial Econometrics, Time Series Analysis, Economics of Energy, Applied Microeconometrics, etc.

The head of the Master might help tstudents in the choice of their electives.

Moreover, students must choose a specialisation topic to write their "mémoire" (a short dissertation) under the supervision of a researcher. Students will be graded for the mémoire and for the presentation of it to a jury of researchers.

 

Director : Jean-Charles Rochet

1st term	Microeconomics 1 Econometrics 1 Capital Markets Optimization
2nd term	Microeconomics 2 Mathematics for Finance Stock Markets Elective course (within TSE courses)
3rd term	Empirical Finance Corporate Finance or Derivative Products Elective course (within TSE courses)

In the last ten years, Financial markets, Insurance and Bank activities have developed tremendously in France and in other European countries. This development has opened a whole new range of jobs, especially for economists who master the quantitative techniques specific to the field of Finance, but also to engineers and applied mathematicians who wish to enter the world of finance. This Master, offered in collaboration with the Fédération Française des Sociétés d'Assurance, provides job prospects in those fields.

However, the chief objective of the Master is to initiate students to fundamental research within the MPSE team and to enable students who wish to pursue their doctoral studies to specialise in one of the following themes : Financial Engineering, Corporate Finance, Econometrics of Finance, Economics of Risk and Insurance, Market Finance, Economics of Banking and Monetary Economics.

Course organisation

Students follow the courses highlighted in the above chart, a combination of TSE core courses and specialised courses. Moreover, students must choose a specialisation topic to write their "mémoire" (a short dissertation) under the supervision of a professor - researcher. Students will be graded for the mémoire and for the presentation of it to a jury of researchers.

Finance courses are meant for training students in the specific topics they want to specialise. Elective courses and options are very few but, with the agreement of the Master director, they can be chosen amongst all elective of the TSE programme.