L2 (2nd year) Economics - L2 (2nd year) Economics and Management - D2 2nd year ECE (economics and business option) or ECS (science option) or ENS (Ecole normale supérieure option) CPGE (preparatory classes for grandes écoles) Cachan / Prerequisites in microeconomics, macroeconomics, linear algebra (matrix), probability (laws and moments), statistics (mean and variance tests) / ability to read and write in English and French; understand and analyse consumption and production behavioural patterns; master partial equilibrium static analyses (prices and quantities) as well as the basic general equilibrium model for a self-sufficient economy (with 3 fixed-price markets, 4 flexi-price markets) and a small open economy.
Benefits of the program
Dynamic team of lecturer-researchers recognized for their research and academically involved from the first year of the Degree.
Close relationships with a specific public which would not necessarily arbitrate.
Greatly improving general culture in specialized economics fields (work, internationalization, production of public goods, industrial structure) from a dynamic approach (growth, development). Acquiring the ability to measure and test the various predictions and knowledge acquired in these economic fields by using a variety of statistics tools (individual and time series data estimators) to develop an analysis of interactions and causalities between different economic variables.
Pour les étudiants en L2 économie et gestion : Pas de candidatures Pour les candidats externes : Application eCandidat : https://candidatures.u-pem.fr Pour les étudiants étrangers : Etudes en France
Schedule of studies
Placement during S6 after 6 weeks of classes and 1 week of exams; kick-off on 1st April for 2 months and up to 6 months with defence in June.
Your future career
In the Faculty (UFR), Data Analyst Master's and Banking Insurance Master's as well as the Master's co-accredited with UPEC but located in UPEC, the DEIPM (Development Economics and International Project Management) Master's.
Elsewhere, any economic or management Master's specific to Applied Economics, International Economics, Money-Banking-Finance.
National and local civil service entrance examinations.
Improve proficiency in economics and statistics fundamentals. Provide students with the opportunity to acquire knowledge and skills in more specific fields through a set of subjects which pave the way to various professional orientations proposed during the first years of the Master's in the Economics and Management Sciences Faculty (UFR). Key role for teachers who help students further their language skills and information and communication techniques.
Major thematics of study
Economics and its subjects linked to UPEM's 2 Economics Master's (Data Analyst and International Economics); Work economics (HR); International economics (growth, development); Market research (Public economics, Game theory, industrial economics); Econometrics.
En 2 semestres : S5 = 12 semaines de cours et 11 semaines de TD ; S6 = 6 semaines de cours et 5 semaines de TD, se terminant par un stage.
Modalité d'admission en FI :
De droit pour les étudiants de la L2 Economie et Gestion de l'UFR - Examen sur dossier pour tout autre candidature
During S5 only, choice between 2nd modern language (LV2), IT & Internet Certificate (C2i), labour law, marketing and optional subject.
Major thematics of Research
Support from the ERUDITE laboratory, shared with UPEC
Economic science concepts: learning and analysing 5
Explanation of the principles underpinning public economic intervention: production of public goods, existence of externalities as well as information asymmetry causing a gap between market balance and the Pareto-optimal, which no longer guarantees a socially-efficient situation. Presenting the mechanisms available to the State to reconcile them.
Reminder of the discussions focusing on international trade drivers to understand the strategic challenges of international trade. Presenting the different theoretical explanations of international trade clarified by empirical facts and by the impacts of protectionism as well as the strategic aspects of countries as regards trade.
Description of behavioural patterns of the job market from the offer and demand sides, by illustrating the sensitivity of these preferences over agent preferences, as well as over labour market institutions such as minimum wage and job security. Presenting labour market balance. Round-robins between theory and stylized facts to question the impact of labour policies such as waivering employers' social contributions and immigration, within the theoretical framework proposed.
Presenting the ordinary least square estimator and its asymptotic properties within the simple and multiple linear model, when data is, as well as its variations to take the rejection of the homoscedasticity of residues such as generalized and quasi-generalized least squares into account.
Presenting the different ARIMA-type (AutoRegressive Integrated Moving Average) stochastic processes to forecast macroeconomic variables presented in time series format, as well as methods for identifying (simple and partial auto-correlogram and unit root tests) and for estimating (maximum likelihood) so as to forecast them.
Writing and presenting an essay on economic topicality related to the "Economic concepts" skill-set subjects using descriptive statistics. This thesis may be drafted in English, working in pairs with a university student...
Langue de l'enseignement
ANGLAIS / ENGLISH
Developing multidisciplinary insight 2
Les éléments ci-dessous sont à choix :
Modern language 2
"ICT and Internet Certificate" (C2i) (only for new arrivals)
Introduction to the commercial management of a product or service: acquiring general knowledge of strategic and operational issues encountered by marketing managers (product, pricing, positioning, promoting), applied to practical cases and exercises inspired from reality on the ground.
Introduction to the theory of noncooperative games and their solutions by differentiating normal-format games and games in an extensive form. The existence of these concepts are studied and illustrated through a series of examples. Analysing 2 competition modes (price and quantity) using model nesting (from a simplified basic model to an endogenous-market-sized model).
Introduction to the challenges induced by poverty and inequalities in developing countries, by illustrating how many development challenges such as international migrations, agricultural and demographic growth come up against market shortfalls such as insurance and credit.
Presenting the financial system (direct and indirect finance), its key players and key markets (spot, futures, derivatives). Describing the Capital Asset Pricing Model (CAPM) as well as financial theory through the assumption of market efficiency and its consequences, linked to investor behaviour patterns (speculation, hedging and arbitrage) and investors' rationality.
Undertaking several empirical studies on various subjects (property prices, key wage drivers, household consumption) by using the S6 "Data" skill-set and software. Assessing the ability to interpret results from an economic stance.
Learning to automate reporting tools, to perform calculations and to solve optimization issues with VBA: implementing these practices, using international trade data and series of financial asset prices.
Fictional writing and theatrical gameplay as a means for learning in a fun-filled way to 'promote' oneself in all written and oral communication situations (making a case for, convincing, negotiating, attracting attention, sparking and fostering interest, etc.)