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Université Toulouse 1 Capitole Droit Économie Gestion

Formation LMD

Master (M2) mention économie parcours type Environmental and Natural Resources Economics (ERNA)

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Année post-bac de sortie
Bac + 5
Lieu(x) de formation
Toulouse (campus UT1)
Durée de la formation
1 an
Accessible en
Formation initiale


Environmental issues such as pollution, climate change and the conservation of biodiversity are currently in the headlines of economic debate. Governments design public policies such as taxes or emission trading schemes to mitigate the negative impacts of air or water pollution. Firms launch green business strategies such as investments in cleaner technologies, product labelling or socially responsible investments to improve their competiveness. The Master 2 in Environmental and Natural Resources Economics (ERNA) is providing with the analytical skills to assess, analyse and recommend economic policies and strategies to tackle environmental issues and manage natural resources. Students will target jobs in natural resources management and sustainable development (large businesses, public institutions and local communities) or within international institutions or will pursue an academic career. This programme is mainly led by researchers, experts in environmental and natural resource economics within TSE.

Contrôle des connaissances

Voir l'arrêté d'examen publié en début d'année.

Partenariats établissements

• The program combines recent developments in economic theory and quantitative techniques with applications in real-world problems in environmental and natural resource management such as water, air, energy, land, forestry, or fisheries.

• The teaching is mainly performed by highly qualified economists from Toulouse School of Economics. The environmental and natural resource economists are doing their research within the LERNA, one of the major research centers in environmental and natural resource economics in Europe. The program is supported by INRA (French National Institute for Agricultural Research).

• Faculties have developed research projects with strong ties with public institutions (French Ministry of the Environment, French Water Agencies, The World Bank,…), as well as companies involved in environmental and natural resources issues (EDF, Areva, GDF SUEZ, Veolia,…) and investors through the Chair on “Sustainable Finance and Responsible Investments”
Niveau de recrutement
Bac + 4

Conditions d'accès

Selection is based on academic excellence.

Applicants from the French system must have passed an M1 (1st year Master’s) in Economics or in Applied Mathematics or an equivalent degree (e.g., engineering school,…).

Regarding foreign students, the required degrees are either a BSc, M.A., or MSc, within a recognized curriculum regarded as consistent with the program and approved by the TSE Selection Committee.
Students are expected to have acquired a good level in standard microeconomics, macroeconomics, and quantitative methods. Some brushing up in economics and maths might be advisable in some cases. A working level of English is obviously required, as all the courses are delivered in this language.


Pour les étudiants titulaires d'un diplôme français :
 Pour les étudiants titulaires d'un diplôme étranger : 

Organisation générale des études

1. Energy or Environmental Policy
1st semester

  • Environmental Economics
  • Cost Benefit Analysis
  • Environmental Valuation
  • 1 course among :
  • The economics of energy markets and networks
  • Topics in Environmental Economics
  • Empirical Methods in Development Economics

2nd semester
  • Natural Resource Economics
  • 4 courses among :
- Empirical Environmental Economics
- Environmental Policies
- Energy Economics and Climate Change
- Industrial Organization and the Food Industry
- The Econometrics of Program Evaluation
- Micro-Finance, Land and Labor
- Topics in Applied Econometrics and Development
- Topics in dynamics, land use and conservation

Students must complete 8 courses of 30 hours and write a Master thesis or do an internship and write a report under the supervision of a TSE faculty.

Students can choose to apply to one of the following paths:

-  Energy or Environmental Policy (choice between Energy or Environmental Policy should be made at the beginning of the 1st semester)
-  Ecology and Economics (in partnership with University Paul Sabatier)

2. Ecology and Economics (new!)

- The economics courses will be taught by faculty at Toulouse School of Economics (TSE)
- The ecology courses will be taught by faculty at Station d'Écologie Théorique Expérimentale du CNRS à Moulis (SETE) and at Laboratoire Évolution & Diversité Biologique (EDB) at Université Toulouse 3 Paul Sabatier.

1st semester

- Economics and the environment
- Biodiversity and ecosystems
- Ecological Diagnosis
- Population demography and evolutionary ecology
- Cost Benefit Analysis

2nd semester

- Environmental policies
- Empirical environmental economics
- Topics in economics and Ecology
- Topics in dynamics, land use and conservation

Et après ?

Débouchés professionnels



Renseignements sur les formations et l'orientation :

Responsable(s) pédagogique(s)

Heures de bureau: Lundi, 08:30 – 10:00, MS 210
(En dehors de ces horaires merci d'envoyer un e-mail.)

Responsable(s) scolarité

Contact scolarité

Toulouse School of Economics
Bureau des Masters TSE
Bâtiment A -1er étage - MA 106
Manufacture des Tabacs
31015 Toulouse Cedex 6 - France
Phone : + (33) (0)5 67 73 27 87
E-mail :
Site :

Contacts formation continue

Ecole d'Economie de Toulouse (TSE)

Mise à jour le 18 octobre 2017

Renseignements pratiques :

Ecole d'Economie de Toulouse (TSE)
Manufacture des Tabacs 21, Allée de Brienne Toulouse Cedex 6 FRANCE
31015 Toulouse cedex 6

Téléphone : +33(0)5 61 63 36 90
Fax : +33(0)5 61 63 35 86
Sur Internet

Stages :

Stage de 4 à 6 mois
ou mémoire de Master

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Contact de l'Université : 05 61 63 35 00

L'Université Toulouse Capitole (UT Capitole) est un pôle d'excellence international d'enseignement et de recherche en droit, économie et gestion. Elle est fière de compter le Prix Nobel d’économie 2014, Jean Tirole, parmi ses enseignants-chercheurs. En 2012, la Commission européenne lui a attribué le label Centre d’excellence Jean-Monnet.

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