Economics serving society


New ambitions and main innovations

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This program aims to prepare students to become experts in designing, analysing and evaluating public policies in both developed and developing countries. It combines rigorous training in analytical and quantitative economic methods with an emphasis on both policy and practice.

The curriculum combines classes with a traditional lecture format introducing students to methodological and conceptual frameworks of policy evaluation, individual and team projects (especially in the first year) and classes emphasizing policy applications over pure theory (concentrated in the second year). Most policy areas will be covered following a thematic approach.

At the end of the M1 year, a compulsory training period or internship takes place in an institution in charge of the design and/or the evaluation of public policies.
Examples of host institutions are the OECD, the United Nations, J-PAL, the World Bank, INSEE, DGTPE...

Career Opportunities

What are PSE students becoming once they’ve graduated from M2 ?
>> Download the synthesis “PSE Graduate Placement” (sept. 2019).

PPD students enter equally in a professional career or in a PhD program.

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Regarding professionals, 70% of our graduates secure a job even before the dissertation defence. They take jobs in international organizations (European Union, OECD, UN agencies, WTO, etc.), development agencies (World Bank, AFD, etc.), public administration, research labs and the private sector, non-governmental organizations, banks...

However, graduates may also choose to get enrolled in the PSE doctoral programme and will be encouraged to do so if they possess interest in the pursuit of an academic career or if they plan to get non-academic positions for which PhD is a prerequisite. Almost half of the PPD graduates are enrolled in a PhD program, mostly at PSE.

At PSE, there is no direct admission into the Doctoral training. This is the same system as in most US universities, where the first two years of PhD program are devoted to course work (and the admission into the third year is conditional on successful performance on the first two years). Thus, one can think of admissions to PSE master’s in the same way as admissions to the course-work years of a standard US-university-based PhD program.

Links with French and international institutions

Three Top French academic institutions deliver the PPD Master diploma : EHESS, PSL (Paris Sciences et Lettres) via Ecole normale supérieure (ENS) and ENPC-Ecole des Ponts ParisTech. PDD is further supported by the Paris School of Economics, the Institut pour la recherche sur le développement (IRD) and the Centre pour la recherche économique et ses applications (CEPREMAP). It has strong links with J-PAL and the Institute for Public Policies (IPP).

Among the pool of instructors, some have strong links with European and French administrations such as the European Central Bank, Banque de France, the Treasury and Economic Policy General Directorate (DGTPE), and the French Statistical Institute (INSEE). In the development field, professionals from IRD/DIAL and AFD (French development agency) also teach in the program.

First Year - M1:

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The first-year M1 has a strong component of general microeconomics, macroeconomics and quantitative methods: all courses are compulsory and specifically designed to prepare the students for the analysis of policy issues.
The M1 puts a strong emphasis on quantitative methods (over 120 hours of courses and tutorials and another 36 hours devoted to year- long projects). Students learn through projects and teamwork under the guidance of PSE professors and teaching assistants. The M1 also proposes introductory courses to policy design and evaluation in major fields, complemented with conferences on a variety of policy issues by renowned academics, recognized experts and influential policy-makers

Coursework ends in April, leaving way to a two-month (or more) internship. Each year, a few students take a gap year between M1 and M2 if they are authorized by the pedagogical committee, depending on the relevance of their project.

Second year - M2:

The second-year M2 offers in-depth and applied courses covering the most important policy issues at both, national and global levels and the state-of-the-art best practices of policy evaluation and econometrics.

Apart from two compulsory courses on Empirical methods and Public Economics and a research seminar, the curriculum is individualized. Each student chooses specialized courses in the field of Quantitative methods, Global policies, Social policies or Economic History as well as courses taken at ENS (cognitive sciences, law, social sciences, python) or EHESS. The M2 puts a strong emphasis on research : 40% of the grade comes from the master dissertation, which the student writes under the supervision of a faculty member and presents in the weekly research seminar