LMD academic program

Master in Economics of Markets and Organizations (EMO)

Master in Economics of Markets and Organizations (EMO)


General information

Available to
  • Initial course
  • Resumption of training



How do markets work? How do firms make strategic choices? What determines demand and cost structure ?

In the 1st year, Students attend a rigorous academic program in the different economic disciplines and quantitative techniques for social sciences. The common core courses allow them to deepen their knowledge and the elective courses allow students to build up their careers projects, taking into account the specializations in the second year of the master’s programs.

In the second year, the master in Economics of Markets and Organizations program combines a solid training in industrial organization, regulatory economics, and econometrics that give students a real expertise in the analysis of strategic aspects of a market, the identification of the determinants of the firms’ economic performance in a market, and the evaluation of policies aimed at improving the market efficiency.


Person in charge of the academic program

Toulouse School of Economics
1 Esplanade de l'Université
31080 Toulouse Cedex 6 France
Téléphone : +33 (0)5 61 12 85 04
Office : T13
E-mail : scoltsem2@ut-capitole.fr

Contact Admissions :
Téléphone : +33 (0)5 67 73 27 87
E-mail : tse-admissions@ut-capitole.fr
Site : tse-fr.eu

Mail : m2fcv2a@ut-capitole.fr



Prerequisites for enrolment

Bac + 4


Conditions of admission / Conditions of successful application

Admission first year: 

  • Aimed at English speakers
  • Students should hold a BSc in Economics within a recognized curriculum considered as consistent with the program and approved by the TSE selection committee.

 Admission second year:

  • Admission is based on academic excellence criteria.
  • Applicants from the French system must have passed the TSE International track Master 1 (1st year Master’s) in Economics or another French University master in Applied Mathematics or an equivalent degree (e.g., engineering school,…). 
  • For foreign degree holders, 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. 
    Some brushing-up in Economics or Maths might be advisable in some cases. Working knowledge of English is obviously required.


Semester 1


2 electives:

Semester 2


4 electives:

Compulsory International internship or dissertation                                                           
**Masters 2 Directors highly recommend to attend these options :
- Industrial Organization: M2 EMO
- Environmental & Resource Economics: M2 ERNA
- Economic of Human Development: M2 PPD
- Corporate finance et Market Finance: M2 Finance
- Panel Data or Time series: M2 EEE
*** Math refresher courses opened to M1 and M2 students
**** To attend the Martingales theory and applications course you need to have attended the Markov Chains course first

Bonus point
To practice a sport or a musical activity within the University orchestra, or the participation in the module "professional life" during the year can give you bonus points. Only points above 10/20 are recorded (please refer to the Welcome booklet).

Semester 3

Compulsory courses:

One course among 4:


Semester 4

Compulsory courses:

  • Professional Development**
  • Datanomics : regulation of data spreading and data protection

Four courses among 8:

Internship or dissertation (a minimum of 16 weeks)

* Course shared with M2 Economic Theory and Econometrics. Upon acceptation by the two Master Directors (ETE and EMO)
** Students who will have followed the course " Professional Development" in M1 in 2019-2020 will be exempted.
*** Upgrade course in Mathematics, open to students in M1 and M2 of TSE.
**** Course shared with M2 Environmental and Natural Resources Economics (5 EMO students maximum on the 1st come/1st served basis)
***** 5 students of the ERNA Master are authorized by the EMO Master Director to attend the  "Industrial Organization of the Food Industry" course (on the 1st come/1st served basis).


Bonus point

Practicing a sport or a musical activity within the University orchestra during the year can give you bonus points. Only points above 10/20 are taken into account.


What's next ?

Level of education obtained after completion

Year of highschool graduation

Unknown label

Job opening

Business sector or job

Download the skills' brochure to find out more about skills acquired by the end of the master.
Also, visit our career section where you can read and see experiences from Alumni.


Conditions of submission

To apply to this master, select on eCandidatures platform:

  • First year: M1 Economics International track
  • Second year: M2 Economics - Econometrics and Empirical Economics International track

For more details about application process, we invite you to visit our Admissions section