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Graduate Programme

Analysis and Policy in Economics (APE)

The APE Programme offers high-level, research oriented courses in theoretical and applied

economics. It is well-established as one of the leading graduate programmes in Economics in

Europe, and many of its former students hold positions in top European and U.S.

universities, as well as in international organizations, public administrations and central

banks. The APE programme is jointly organized by a number of top French academic

institutions: EHESS, ENS, ENSAE, Ecole polytechnique, Ecole des Ponts Paris-Tech and HEC.

APE students benefit from the research units of the Paris School of Economics, which are

internationally recognized as leaders in public policy evaluation, labor economics and

economic theory. In terms of the curriculum, the APE graduate programme offers a wide

range of courses thanks to the diversity of the academic institutions involved.

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Faculty members are international expertsin their research field, including for 2012-2013:

Franois Bourguignon, Bernard Caillaud, Christophe Chamley, Andrew Clark, Daniel Cohen,

Olivier Compte, Gabrielle Demange, Thierry Foucault, Pierre-Yves Geoffard, Roger

Guesnerie, Philippe Jehiel, Francis Kramarz, Karen Macours, David Martimort, Eric Maurin,

Barbara Petrongolo, Thomas Piketty, Romain Rancire, Thierry Verdier, EkaterinaZhuravskaya.

The Paris School of Economics is a French research center of international standing in

Economics, resulting from the merger of leading research and teaching institutions and

bringing together more than 500 students enrolled in Masters and PhD programmes. It

offers highly selective programmes, entirely in English, leading to professional degrees

qualifying students for careers in teaching and research, business, public administration and

international organizations. PSE also provides public and private decision-makers with the

best analytical tools that modern scientific research has to offer.

www.parisschoolofeconomics.eu

http://www.parisschoolofeconomics.eu/http://www.parisschoolofeconomics.eu/http://www.parisschoolofeconomics.eu/

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APE Masters Programme: Detailed CurriculumThe APE Masters programme is a two-year programme corresponding to the two-year

coursework of U.S. Ph.D. programmes. It can lead to the PSE-Doctoral programme.

The first year of the Masters programme (year M1) is mostly devoted to basic and

methodological courses in microeconomics, macroeconomics, econometrics and economic

history.

[Year M1] Title Load ECTS

COMMON CORE

Mathematics and Statistics for Economic Analysis24h course

+ 12h tutorial3

Econometrics 1 15h course+ 12h tutorial

4

Econometrics 215h course

+ 12h tutorial4

Econometrics 315h course

+ 12h tutorial4

Macroeconomics 1: An Introduction to Macroeconomics24h course

+ 21h tutorial6

Macroeconomics 2: Dynamic Macroeconomics24h course

+ 21h tutorial6

Macroeconomics 3: Time Series24h course

+ 21h tutorial6

Microeconomics 1: An Introduction to Microeconomics24h course

+ 21h tutorial6

Microeconomics 2: Game Theory and applications24h course

+ 21h tutorial6

Microeconomics 3: Market Equilibrium and Market

Failures

24h course

+ 21h tutorial6

Economic History 24h course+ 10h tutorial

3

ELECTIVE COURSE

Seminar in Social Sciences (1) 24h course 6

TOTALMin. 445 hrs

Includ. 184 hrs tut.60

(1) The student chooses one seminar among the course list of the EHESS - Ecole des Hautes

Etudes en Sciences Sociales (in a field other than Economics).

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During the second year of the Masters programme (year M2), APE students choose

advanced courses from a wide range of areas covering all major fields of specialisation

(economic theory, industrial organization, macroeconomics, public and labor economics,

development economics, and finance) and write a Masters dissertation.

[Year M2] Title Load ECTS

COMPULSORY COURSES

Macroeconomics 4: Disequilibrium and Imperfections24h course

+ 21h tutorial6

General Equilibrium and International Trade24h course

+ 21h tutorial6

ADVANCED COURSES

The student chooses at least 9 courses from a list of 60 (2) 9 x 24h course 9 x 3

MASTERS DISSERTATION 21

TOTALMin. 306 hrs

Includ. 42 hrs tut.60

(2) The advanced courses are renewed annually, following the latest advances in the various

research areas of Economic Science.

List available at:http://www.master-ape.ens.fr/liste-des-enseignements.html

http://www.master-ape.ens.fr/liste-des-enseignements.htmlhttp://www.master-ape.ens.fr/liste-des-enseignements.htmlhttp://www.master-ape.ens.fr/liste-des-enseignements.htmlhttp://www.master-ape.ens.fr/liste-des-enseignements.html

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AdmissionsAll candidates for the APE Masters degree are subject to a selective admissions process.

Candidates must demonstrate an excellent aptitude for learning the analytical and

quantitative tools that are the hallmark of the training at PSE. A background in Economics is

not required for admission to M1.

For the 2013-2014 academic year: applications before 01/03/2013 (for an answer mid-April)

or before 27/05/2013 (for an answer mid- July). The probability of acceptance is equal

whether you apply in March or May. However, we encourage foreign candidates to apply in

March to have more time to better prepare their stay in Paris. Important: Applications

rejected in March will not be reconsidered in May. Admissions notified following the

successful applications are conditional on obtaining the required qualifying diploma before

September 2013, i.e a Bachelor degree for Admission in M1.

From a formal point of view, APE Masters students are registered at the EHESS. The final

degrees are thus delivered by the EHESS.

Undertaking a PhD at PSEThe PhD degree is a three- to four-year programme devoted to thesis writing. Students can

access the PSE doctoral programme after they have completed, with the required academic

results, a PSE Masters programme. During their PhD, students are hosted by one of the PSE

research units. PSEs doctoral programme currently has a total of 200 students, at various

stages of their thesis. The thesis work, which is indispensable training for research, is carried

out under the direction of a thesis supervisor, with the support of a thesis committee. Both

of our campuses provide research facilities for doctoral students. In an encouraging

environment with high academic standards, PSE offers exceptional scholarly training, as

shown by the prizes won every year by our young doctors: Young Economist Award [N.

Guyon and F. Mayneris in 2010, G. Zucman in 2011] Prix de these AFSE [J. Grenet in 2009, J.

Hagenbach in 2010, G. Cassan in 2012]

Prestigious International PartnersPSE has entered into bilateral agreements with prestigious universities overseas and

participates in a number of European exchange networks (PhDs):

BILATERAL AGREEMENTS

New York University (New York & Abu Dhabi) University of California, Berkeley J-PAL Europe and J-PAL Global

NETWORKS

European Doctorate in Economics Erasmus Mundus (EDEEM) European Doctorate in Quantitative Economics (EDP)

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Career OpportunitiesFor students with the Masters degree, non-academic positions such as economist or

statistician in national administrations in France, Europe and other countries, international

organisations, bank and insurance companies will be the main career opportunities.

The career opportunities for young PhDsare academic positions in French or international

universities, research institutions and international organisations. Students benefit from the

excellence of the PSE research units when entering the Academic Job Market.

AlumniFabien Dell- French Prime Minister Counsellor for Macroeconomics and Euro Zone

Esther Duflo - Professor of Economics, MIT. Director J-PAL, Poverty Action Lab

(Massachusets Institute of Technology). Awarded the John Bates Clark medal in 2010.

Xavier Gabaix- Professor of Finance, New York University, Stern School of Business.

Thomas Philippon - Economy Counsellor for the French Minister of Economy. Associate

Professor of Finance, New York University, Stern School of Business.

Emmanuel Saez- Professor of Economics, University of California at Berkeley, awarded the

John Bates Clark medal in 2009.

Contact information:Tel: +33 143 136 343/2

E-mail:master-ape@parisschoolofeconomics.eu

Visit our website:http://www.master-ape.ens.fr

April 2013

www.parisschoolofeconomics.eu

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