Université Toulouse 1 Capitole Law Economics Management

Academic programs

Master’s degree (M1) in Economics

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Program delivering a degree
Year of highschool graduation
Bac + 4
Length of studies
1 year
Accessible as
Initial Training


The 1st  year of the Master in Economics provides rigorous traning in the major fields of economics. 100% of courses of this program are taught in English. The objectives of this 1st year is to enhance the students’ general economics culture and to help them select the appropriate Master 2 in line with their career plans.


Written examinations are held at the end of each semester.

Teaching languages
Cost and financial aid
5 500 euros/year (these fees can be paid in three installments) + registration fees (256€) and social security (215€) Financial aids: Some Master scholarships and fee waivers will be awarded to Master students according to academic, geographical or individual criteria.

Admission conditions

  • Aimed at non French speaking international students
  • Students should hold a BA or BSc in Economics or applied mathematics within a recognized curriculum considered as consistent with the program and approved by the TSE selection committee
  • For more details about application process, click here

General organization of studies

The 1st year of the Master in Economics includes 2 semesters. During the first semester, students attend 6 compulsory courses, one course of personnal development, one French language course and 2 electives. During the second semester, students attend 3 compulsory courses and 4 electives.

1st Semester


  • Game Theory*
  • Incentives
  • Macroeconomics *
  • Intermediate Econometrics *
  • Applied Econometrics
  • R programming
  • Professional Development
  • French as a Foreign Language

Electives (select 2):

  • Environmental economics
  • Development economics
  • Evolution of economic behaviour
  • Understanding Real World Organizations
  • Markov Chains and applications
  • Probability Modeling
  • Project Management
  • Experimental economics ****
Optional courses
  • Introduction to SAS (for newcomers in the first year of master)
  • Algebra/Probability/Optimization refresher

2nd Semester



  • Public economics *
  • Applied Econometrics *
  • Program Evaluation *

Electives (select 4):

  • Advanced Macroeconomics **
  • Advanced Microeconomics ** 
  • Industrial Organization **
  • North-South Economic Relations **
  • Environmental & Resource Economics **
  • Time series **
  • Panel Data **
  • Corporate finance **
  • Market finance **
  • Empirical IO
  • Topics in food economics
  • Behaviorial and Experimental economics ****
  • Dynamic Optimization
  • Martingales theory and applications ***
  • Data Bases
Optional courses
  • Compulsory International internship


* Fundamental Courses
** Highly suggested by a M2 director (see M1 brochure for more details)
*** Student must have followed the course "Markov chains"
**** Student chosen Experimental economics at Semester 1 could'nt choose Behavorial and Experimental economics at Semester 2 (other way round)

What next?

Further studies


The students holding the Master’s degree 1 are entitled to apply for any Master’s degree 2nd year.

The selection committee may also directly enroll into Master’s degree 2 those students whose academic record is considered  as being  satisfactory.
Career Opportunities

A wide and varied range of professional positions are available to Master’s degree 2 graduates:

  • economists, consultants, project engineers, managers, ...
  • in private entreprises, public administrations, banks, insurance companies, professional organisations and international and European organizations

Additional Information


Visit the SUIO-IP  information section to read :

  • The Parcours ONISEP publications  
  • The SUIO-IP documents: « Les emplois des filières économie-gestion (Careers in the fields of economics-management)»...
  • Self-documentation about training portfolios, careers and the labour market
  • Websites and CD ROMs dedicated to training and careers; 

Employee training contact details

Contact :

Date of update October 6, 2017

Internships :

Optional internship

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Toulouse 1 Capitole (UT1) is a teaching and research centre of international excellence for law, economics and management. We are proud to have Jean Tirole, the 2014 Nobel Prize in Economy among our lecturer-researchers. In 2012, it was awarded the "Jean-Monnet Centre of Excellence" label by the European Commission.

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Three establishments abroad:
Vietnam, Morocco and Vanuatu.

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