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Master of Science M1 Economics and public policy Economics Head of Program: • P

Master of Science M1 Economics and public policy Economics Head of Program: • Pierre Cahuc Involved ParisTech member institutes and contact professors: • École Nationale de la Statistique et de l'Administration Économique, Elise Coudin Other partners (academic and industrial): • Sciences Po, Yann Algan Master of Science - M1 Economics and public policy Last Modification: Thu 28 October 2010 École Polytechnique Program Language: English Context: The master Economics and Public Policy (EPP) has been designed to prepare the next generation of leaders in the economic policy-making and in the evaluation of public policies. This master's program brings together three outstanding international institutions: Ecole Polytechnique (X), Ecole Nationale de la Statistique et de l’Administration Economique (ENSAE) and Sciences Po. Aims: Le master Economics and public policy (EPP) est un programme multidisciplinaire, avec une dominante en économie, visant à fournir les outils et les compétences nécessaires à l'évaluation de politiques publiques dans une large palette de situations. Le programme se concentre sur les outils analytiques et quantitatifs développés en économie pour construire et évaluer les politiques publiques, avec des cours en microéconomie, macroéconomie, économétrie et analyse des politiques publiques. Toutefois, l’enseignement proposera également une approche multidisciplinaire indispensable pour comprendre les politiques publiques, avec des cours en droit, science politique et management. De plus, le master s’ouvre vers des enseignements professionnels avec des ateliers d’étude de cas, des cours électifs dans différent domaines de l’intervention publique et le stage de recherches de troisième année. Content: The 1st quarter (20 ECTS) : Microeconomics, Macroeconomics and Econometrics. The 2nd quarter (20 ECTS) introduces the 2nd year specialization. During the 3rd quarter, an internship has to be made in a public administration, consulting offices or a research center. It is concluded by a master's thesis on the evaluation of a public policy (20 ECTS). Each course (5 ECTS) includes lectures (18 hours) and classes (18 hours). Skills acquired: - Mastering of analytical and quantitative economic tools;- Multidisplinarity;- Expertise in public policy evaluation and economic policy-making;- Modelling. Further opportunities: La première année du programme EPP est indiquée pour les étudiants souhaitant poursuivre dans la 2nde année de ce master, comme à d'autres spécialités proposées par le Département d'économie en partenariat avec d'autres établissements d'enseignement supérieur :- M2 Analyse et Politique économique,- M2 Economie du développement durable et de l'énergie. Les étudiants pourront s’orienter vers la recherche, en doctorat, ou vers des carrières dans l'administration économique et dans des organisations internationales. Career prospects: Ce programme prépare les étudiants aux métiers ayant une composante économique significative dans un cadre privé ou public, national ou international. Ils peuvent notamment viser des postes d'administration économique, de conseil en économie et stratégie, de chercheur en économie et finance. Highlights: EPP master's programme is an multidisplinary international training, fully taught in english,bringing together three top level institutions of higher eduction. EPP master's programme is supported by the "Economic Society", a structure bringing together professionals and future professionals in economics of Ecole Polytechnique, ENSAE and Sciences Po (with academic and social events). All courses are taught in English in order to meet the international. Admission: Online admission based on the evaluation of academic transcripts, statement of purpose and letters of recommendation. Master of Science - M1 Economics and public policy Page 2 / 51 École Polytechnique Winter session (deadlines: March 1 for application, April 15 for acceptance confirmation). Spring session (deadlines: May 1 for application, June 15 for acceptance confirmation). Calendar: Arrivals (M1): 9/05/2011S1 (courses): Q1 : October - December S2 (courses and internship/research project):Q2 : January - March.Q3: April - June/July Contact: Master's administration office:christel.cornat[at]polytechnique.fr Main program Website http://econ.sciences-po.fr/master-epp Program Contents : • Master 1 Economics and Public Policy (EPP) - "Ingénieur" Curriculum • Master 1 Economics and Public Policy (EPP) Quarter 1 (20 ECTS) : Compulsory science courses (4X4 ECTS): see science curriculum above Elective course (1x4 ECTS): see elective curriculum above Quarter 2 (20 ECTS) : Compulsory science courses (3X4 ECTS): see science curriculum above Elective courses (2x4 ECTS): see elective curriculum above Quarter 1 (20 ECTS) : Compulsory science courses (4X4 ECTS): see science curriculum above Elective course (1x4 ECTS): see elective curriculum above Quarter 2 (20 ECTS) : Compulsory science courses (3X4 ECTS): see science curriculum above Elective courses (2x4 ECTS): see elective curriculum above Quarter 3 (20 ECTS) : Internship/Preliminary dissertation (1x20 ECTS): • ECO590 - Research Internship Master of Science - M1 Economics and public policy Page 3 / 51 École Polytechnique MSc in Engineering Master 1 Economics and Public Policy (EPP) - "Ingénieur" Curriculum Program Language: English Program Contents : Period 1 - Fall 3 compulsory courses • ECO552A - Econometrics : Intermediate Econometrics • ECO553 - Economic Growth • ECO554 - Microeconomics for Public Policy Choose 1 specialization course • ECO571A - Public Policy and the Law • ECO571B - Political Sciences & Public Policy • ECO572 - International Economics Period 2 - Winter 3 compulsory courses • ECO561 - Macroeconomics : business cycles • ECO562 - Econometrics and Public Policy Evaluation • ECO563 - Public Economics, Welfare, and Institutions Period 2 - Winter 1 compulsory course • ECO566 - Industrial Organization • ECO568 - Economics of Information Choose 1 specialization course • ECO581A - Economic Policy • ECO581B - Time Series / Panel Data • ECO582 - Economics and Competition Policy • ECO584 - Empirical Methods in Environmental Economics Period 3 - Spring Internship research • ECO591 - Microeconomics and Business Strategies • ECO592 - The Macroeconomics and Political Economy • ECO593 - Bank, Finance Last Modification: Sun 26 May 2013 Master of Science - M1 Economics and public policy Page 4 / 51 École Polytechnique ECO552A Econometrics : Intermediate Econometrics This course sets out to introduce students to the main econometrical methods used for that purpose (linear regression, instrumental variables, simultaneous equations, panel data, dichotomous variables and audits and evaluation methods). Concrete examples (estimates of production functions, wage equations, money demand and assessment of employment policies) feature prominently on the course. Economics is a discipline that, without being an experimental science, has been built up on observation of the facts and tests the accuracy of its theoretical concepts against empirical facts. Indeed, the ability to process large data sets into meaningful statistics is a much sought-after skill in the professions with a significant economic, para-economic or financial component. Syllabus: 1. The linear regression model (Ordinary least squares) 2. Hypothesis testing in the linear regression model; generalized least squares 3. Endogeneity: definition and examples 4. Instrumental variables 5. The panel linear model with fixed effects 6. Qualitative models: logit and probit models 7. Other qualitative models: ordered probit , multinomial logit, etc. 8. Tobit model: the selection bias 9. Evaluation methods References: - Angrist J. et Pischke J.-S., 2008, Mostly Harmless Econometrics: An Empiricist's Companion. Princeton University Press. - Cameron A. C. et Trivedi P., 2005, Microeconometrics: Methods And Applications. Cambridge University Press - Greene W. H., 2008, Econometric Analysis. Pearson Education, 6th International Edition. - Wooldridge J. M., 2008, Introductory Econometrics. South-Western, Div of Thomson Learning. Course taught in English Teaching coordinator : Francis Kramarz, Michaël Visser Term : Fall Number of hours : 36 ECTS Credits : 4 Last Modification : Monday 19 November 2012 Master of Science - M1 Economics and public policy Page 5 / 51 École Polytechnique ECO553 Economic Growth This course is devoted to the analysis of growth and cycles. The first part presents stylized facts about economic growth in the long term in a historical and an international perspective. Then theoretical and empirical approaches are used to shed light on the industrial revolution of the eighteen and the nineteen centuries and on the economic growth of modern economies. The second part analyzes cycles with applications to monetary policy and international economics. Syllabus: The source of economic growth Saving, accumulation of capital and growth Technological progress and creative destruction Growth and unemployment Cycle : stylized facts Keynesian cycles and Lucas’ critic Real cycles and optimal fluctuations International cycles Cycles and monetary policy References: -Aghion, P. and Howitt, P. (1998), Endogenous Growth Theory, MIT Press. -Barro, R. and Sala-I-Martin, X. (2003), Economic Growth, McGraw-Hill Advanced Series in Economics. -T. Cooley and E. Prescott , Chapter 1, Frontiers of Business Cycle Research, Princeton University Press -Hairault, J.O. 1995, Les Fluctuations conjoncturelles, Economica -R. King and S. Rebelo , (2000), Resuscitating Real Business Cycles, Handbook of Macroeconomics. Course taught in English Teaching coordinator : Pierre Cahuc Term : Fall Number of hours : 36 ECTS Credits : 4 Last Modification : Friday 07 December 2012 Master of Science - M1 Economics and public policy Page 6 / 51 École Polytechnique ECO554 Microeconomics for Public Policy This course proposes an introduction to the tools and methods of advanced microeconomic theory used in the design and evaluation of public policies. This course is targeted towards students who wish to acquire the basic analytical tools to analyze public policies, choose among different policy options, and evaluate the effect of public policies. It builds on traditional microeconomic analysis, and extends it into three directions: the uploads/Science et Technologie/ paris-tech 1 .pdf