Paris 1 / Paris Descartes Master in Economics & Psychology

The Economics and Psychology master program is a joint initiative of the University Paris 1 Panthéon-Sorbonne and the University Paris Descartes. Research-oriented training in the master is supported by the Paris School of Economics.

It combines teachings at the graduate level to economics and psychology students in the fields of economic psychology and behavioral economics. Please refer to the corresponding categories for detailled information about the overall curriculum, as well as the M1 and the M2 years. A compact presentation of the master is available from the universities open days.

Current students can find information about schedules, classes, etc. by clicking on the corresponding categories in the Menu on the right.

 

A few questions and answers about the master:

Q - Why study Economics and Psychology ?

A1. from a 1918 Journal of Political Economy paper (emphasized by us): "The only way in which the economist can keep his studies from duplicating the psychologist's work is by taking his psychology from those who have specialized in that field. To rely on the mere fact of choice, regardless of the kind of motives behind it, might seem to take economics out of all dependence on psychology, but it does not really do so, save at the cost of becoming utterly meaningless. The economist may attempt to ignore psychology, but it is a sheer impossibility for him to ignore human nature, for his science is a science of human behavior. Any conception of human nature that he may adopt is a matter of psychology, and any conception of human behavior that he may adopt involves psychological assumptions, whether these be explicit or no. If the economist borrows his conception of man from the psychologist, his constructive work may have some chance of remaining purely economic in character. But if he does not he will not thereby avoid psychology. Rather he will force himself to make his own, and it will be bad psychology." Clark (1918, p.4, http://www.jstor.org/stable/1820785).

A2. from one of the most respected historians of economic thought, Paul. A. Samuelson: "Psychology is really the basis from which any social science must start and in terms of which all fundamental explanation must run." Schumpeter (1954, p.27 in History of Economic Analysis, OUP).

 

Q - Why study in Paris ? Why in this master ?

Future students can refer to the following article about studying in Paris, and in the economics and psychology master in particular:  http://www.theguardian.com/education/2015/dec/01/paris-rated-best-student-city-in-the-world

 

Q - What for ? What is the placement of former students ?

A recent overview of alumni placement is available here. A linkedin group, providing an overview of students' career, is also available for current and former students.