Public Economics and the Environment

  • ECTS

    120 credits

  • Duration

    2 years

  • Training structure

    Faculty of Economics

  • Language(s) of instruction

    French

Presentation

COURSE PRESENTATION MEETING :

The meeting will take place on February 7, 2024 at 1 p.m. Amphi 319

The meeting can be followed by video :

Faced with the growing pressure of human activities on the environment, our societies are called upon to resolve difficult trade-offs. These involve explicit costs and diffuse damage, but also benefits, unequally distributed between actors and generations. Economic analysis is intended to help public, associative and private decision-making in this field. This course provides an in-depth knowledge of the economics of the environment and natural resources, as well as of public economics, i.e. the economic study of the collective choice process. These are two complementary areas of economics, on the basis of which the economist can formulate proposals that are both economically efficient and politically acceptable. The course is supported by a team of teacher-researchers and researchers specializing in these issues, brought together in the Centre d'Économie de l'Environnement de Montpellier.

 

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Objectives

The objective of the program is to train economists specializing in economics and public policy applied to environmental problems.

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Know-how and skills

- Know how to work in collaboration with others, tolerate differences of opinion, know how to listen to others, succeed in expressing one's own points of view, even critical ones, while respecting others, be able to adapt to unexpected situations, ensure that deadlines are met.
- Know the current state of affairs in the business world and public regulations for the sectors targeted by the training.
- Know how to find, prioritize, understand, organize and synthesize information on a given subject, from academic literature, public, private or associative institutions, the press, statistical sources.
- Know how to communicate clearly and in a manner adapted to the target audience in written and oral form.
- Be able to understand academic works in the field of economic analysis, to identify their strong and critical points, whether they are written works or presented orally, in English and in French.
- Be able to conceive, structure and conduct an economic analysis, by clearly defining the problem, motivating its interest in light of academic and public debates, identifying the elements useful in seeking to answer it, proposing a solid methodology to provide elements of response, carrying out this approach, interpreting the results obtained and recognizing precisely their limitations. 

- Know how to handle a database and prepare it for analysis, know how to produce a data analysis and present the results.
- Understand the reasons for the difficulty of inferring cause and effect relationships from statistical data in the social sciences, and know the main methods to overcome this.
- Have acquired experience in econometric analysis of statistical data.
- Know the role of surveys to obtain useful information for the ex-ante evaluation of private and public projects, by understanding the risks of bias in order to build a survey protocol adapted to the objectives pursued.
- Know the adaptation of the experimental method by economists to the analysis of behaviors, and understand the protocols of experiments conducted in the laboratory or in the field.
- Know how to conduct a financial evaluation of a private or public project.

- To know and master the analysis of competitive markets, of strategic behaviors of actors exercising market power, notably in the context of markets whose activity has an impact on natural resources or ecosystems.
- To understand the modalities of public interventions in economic activities, to know how to justify them and to analyze their consequences, in terms of modification of the use of factors of production, of allocation of consumption between households, of distribution of income, of impact on the budget of public administrations, of withdrawal of natural resources and of polluting emissions
- To know the economic approach to collective decision making and to the organization of public interventions, as well as the economic principles of market regulations and environmental regulations.
- To be able to carry out an applied version of an economic model in order to simulate alternative scenarios and to carry out quantified exercises of comparative statics or dynamics.
- Acquire knowledge of regulations, societal issues and economic literature dealing with certain objects of study related to environmental economics, such as subsoil resources, atmospheric pollution, biodiversity, agroforestry resources, organic agriculture, and fishery resources. 

 

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Organization

Knowledge control

The control of knowledge is done according to the rules of the Master exams as well as according to the Modalities of control of knowledge (to download).

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Program

For the organization of the Master (first and second year), see on the right:

  • Methods of control of knowledge
  • Master presentation brochure

 

 

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  • Game theory

  • Econometrics

  • Development economics

    4 credits
  • Introduction SAS

  • PIR

  • Environmental economics

  • Public economics

    3 credits
  • Survey methods

  • Your choice: 1 of 2

    • Spanish 1

    • English

  • Optional

    • Knowledge of the professional world and institutions

    • Optional Spanish Semester 1

    • English optional Semester 1

  • Corporate social responsibility

    4 credits
  • Excel VBA

    3 credits
  • Economics of risk and uncertainty

  • Governance of natural resources

    4 credits
  • Econometrics of qualitative variables

    4 credits
  • PIR

    5 credits
  • Data analysis

    3 credits
  • Behavioral economics

  • Optional

    • Knowledge of the professional world and institutions

    • English optional Semester 2

    • Spanish optional Semester 2

    • UM Student Engagement

  • Your choice: 1 of 2

    • English

      2 credits
    • Spanish 2

      2 credits
  • Economics of biodiversity and natural resources

    3 credits
  • Choice experiment

  • Public economic calculation

    3 credits
  • Environmental economics and policy

    2 credits
  • Social incentives and preferences

    3 credits
  • Topics in experimental and behevorial economics

    3 credits
  • Social dilemmas

    3 credits
  • Environmental information and labels

    3 credits
  • Statistical method

    3 credits
  • Evaluation of non-market effects

    3 credits
  • Taxation and the environment

    2 credits
  • Globalization and the environment

    2 credits
  • Political economy of environmental policy

    2 credits
  • Health & Environment

    2 credits
  • Economics of justice and equity

  • Research or internship thesis

    13 credits
  • Circular economy

    3 credits
  • Game theory 2

    3 credits

Admission

Conditions of access

And then

Further studies

This Master's program offers a solid training in economic analysis that allows students to enter the professional world directly, but also to continue their studies with a doctorate in economics. The fact that the teaching team is composed of teacher-researchers and researchers active in the CEE-M research unit provides students with opportunities to verify their interest in this path. Moreover, the skills developed are of great interest to public administrations, and some graduates will wish to take up a training course for the civil service entrance examinations at the end of the Master's degree in economics. 

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Professional integration

Graduates of the Master EPE will be able to design and conduct an economic analysis on the effects and interest of regulations and their implementation. This know-how is useful for the competent public authorities, for the companies and unions concerned, as well as for consumer or environmental associations active in this field. They will be able to apply for positions as researchers and project managers specializing in economic and public policy issues applied to environmental problems, whether in the strategic sustainable development departments of large companies, in NGOs, or in national and international public or semi-public administrations, or in research firms working for them. Through this training, graduates acquire methodological skills and an understanding of the discipline, which enable them to pursue doctoral studies in economics, to consider an academic career or to join the institutions listed above at a higher level of responsibility.

 

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