MASTER Economics SPECIALTY Economics of International Trade (EIT)

The Master 2, Economics of International Trade (EIT) is a new programme at the graduate level, delivered by Tours University (Loire Valley, France), starting from September 2012. EIT focuses on the economics of globalization, its social and environmental impacts, together with the corresponding trade and other economic policies that are set to make globalization sustainable. The program provides the necessary tools to pursue outstanding carriers in the main administrations and institutions of the public but also private sector. For candidates not familiar with the French structure of higher education, they need to know that a Master 2 level in France is the second year of a Master’s program which lasts over 2 years in France (4 semesters). Even if the comparison is not perfect, one can compare our Master 2 level to an M-Phil level provided in the UK.

Value added of the programme
The programme, provided mainly in the English language, is innovative in its willingness to provide students with double trainings in each module proposed: a pure academic training, followed by a second training based on the related economic policies that are undertaken. The scientific training is provided by well established academics while the policy training is given by professional economists from national institutions and international organizations.
  • Objectives
At the end of the training programme, the students should have acquired the following skills.
• Identify the main issues related to globalization with a solid knowledge about the literature and the research frontier in the relevant themes;

• An advanced knowledge in handling international trade related statistics and running econometrics models;

• Acquire fine skills in communication and dissemination of information related to globalization ;

The Master’s program is designed to meet the needs of the following institutions:
• Public or mixed Pubic-Private administrations: in particular all ministries and other related departments involved in international relations, such as those of Trade, Finance, Development, Environment or International Affairs. Besides, all international insurance, development or other rating agencies are also keen on hiring some of our students anywhere in the world.

• International Organizations (OECD, World Bank, WTO, IMF, European Commission, etc…). It is important to note that the access to these institutions in general, is made possible through three different options :
o Through the concours/entry exam (European Commission, some national banks like the Banque de France, etc…)
o After a Doctoral program (OECD, WorldBank, IMF, etc…), which supposes to pursue studies in or outside Tours after the Master
o After some years of experience in the public or mixed administrations described above.
• The private sector involved in international trade and other exchanged operations: One mainly finds here Multinationals from the Manuacturing but also from the Service sector (Consulting companies, Commercial Banks and International Logistics and Transport).

• The Non-Government Organizations (NGOs) involved in trade, aids, development, education or environment programs. All these NGOs offer openings to train students and managers in developing countries as well as project management jobs with good economic skills to evaluate the different costs and benefits of the projects.
  • Courses
The programme lasts for 2 semesters. Most of the courses will be given in English, while the rest will be provided in French.

Students are offered two options: either they engage in a Professional oriented option (PRO) or in a Research oriented option (RES). The PRO orientation differs mainly from that of RES in that internships are compulsory for the former while for the latter students need to provide an academic-based Dissertation to pass.

The first semester is common to both PRO and RES options, however. The semester offers 4 modules (3 specialization modules and 1 tools module). The specialization modules concern ‘Trade in Goods’, ’International Mobility of Labour and Consumers’ , ‘International Capital Movements’ to which we add an ‘Operational Tools’ module.

The second semester covers two common modules for the PRO and RES-engaged students. For the rest, RES students need to take a Dissertation Module mainly based on writing a Master’s dissertation on a subject of their choice. Alternatively, the PRO students need to engage in an internship program for about 3 to 6 months in an institution of their choice.

Semester 1 (Automne)
Module 9-1 Commerce de Biens (PRO/RES)
Facilitation and Barriers to international Trade***
Trade, Labour Markets and the Environment
Trade and Economic Policies

Module 9-2 Mobilité Internationale des personnes (PRO/RES)
Economics of International Migration
Migration Policies
Opérateurs du Tourisme International
Politiques du tourisme

Module 9-3 Mobilité internationale du capital (PRO/RES)
International Capital Flows and Development
FDI and International Trade
IDE et Politiques Economiques

Module 9-4Outils opérationnels (PRO/RES)
Pratique et vulgarisation de la recherche
Oral économique
Econométrie 1***

Semester 2 (Hiver/Printemps)

Module 10-1Fourniture Internationale de services (PRO/RES)
Transport Economics
Facilitation and Barriers to Services Trade
GATS and Regulation in Services
Module 10-2 Echanges internationaux, Développement et Ajustement macroéconomique (PRO/RES)
Globalization and Macroeconomic Policies
Trade, development and Institutions
Marché des changes et Risques de Changes

Module 10-3P Outils juridiques (PRO)
Droit du Commerce Européen et International (PRO)
Econométrie 2***

Module 10-3R Mémoire de recherche ( RES ) Mémoire de recherche ( RES )

Module 10-4P Mémoire de stage obligatoire (PRO) Stage et mémoire de stage (PRO)
  • Admission requirement
Eligible candidates are :
• Students with a Master's degree or equivalent in Economics

• Students with an equivalent level from Business, Engineering, Mathematics and Physics having taken Economics and Statistics as Minors

• The candidates should also express significant interest in globalization issues and policies (international trade, multinationals, migrations, etc…).

• They need to be perfectly mobile because a big proportion of jobs/internships that might be offered to them will be located in big French cities, other European capitals or even cities located in Less Developed Countries.
  • Selection procedure
Final selection is pronounced after a first round of pre-selection and a second round based on a face to face interview in Tours or, when the candidate is outside France, through a videoconference interview.