Master in Public Policy (MPP)

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1 Master in Public Policy (MPP) Contents Master in Public Policy (MPP)... 1 A - Core courses Public Policy Leadership, Management and Decision-Making Quantitative analysis and Empirical Methods Public Economics Ethics and Public Policy Law and Regulation of Public Policy International Economic Policy and Governance Technology and Public Policy... 4 B - Policy Streams Economics and Public Policy Culture Financial Markets and Regulation European Economics, Money and Finance... 7

2 Information note This provisional note is provided informally to help and guide students and applicants in the choice of their curriculum. A definitive curriculum and description of courses with their precise content will be posted later, after consultation of the School Academic Board. The MPP consists of two components: first, eight core courses that all students must take to complete the Master. and, second, "policy streams" (or concentrations) that allow students to specialize. Those policy streams also comprise specific core courses (in variable numbers) as well as electives that students are free to choose (either inside or outside the policy stream). For the year , the following policy streams will be offered in English: Economic and Public Policy, Financial Markets and Regulation, Culture (also in French), European Economics, Money and Finance. Other policy streams will be offered only in French: Administration Publique, Santé, Environnement et énergie, Protection sociale, Défense. A - Core courses 1 - Public Policy This course analyses how public policy is developed, put into action and evaluated. What are the different steps in public policy: how a policy is designed, who is in charge of the formalization of the policy, who is in charge of its implementation, what is the government accountability and how is the policy evaluated? The course analyses how new ideas are formed and put on the agenda, what affects debates and policy adoption, and what difficulties arise in the implementation process. It familiarizes students with the broad categories of political analysis, the functioning of institutional mechanisms across countries. The course also provides an introduction to the evaluation of public policy and their impact on socio-economic outcomes. It familiarizes students with a comprehensive approach of both qualitative and quantitative methods, and ex-ante and ex-post methods for the evaluations of policy.

3 2 - Leadership, Management and Decision-Making This course focuses on the leadership and management of organization. It shows how to mobilize in a consistent and comprehensive way the required instruments for leading and transforming organizations: how to communicate in particular in times of crisis, how to negotiate with deep understanding of the variety of motivations and organizational cultures, how to set the agenda and take decision, how to manage complex projects and big projects and how to implement organizational transformation. The course provides a multidisciplinary approach to this question with concepts and concrete case studies from management, communication, sociology of organizations, behavioral economics and psychology. 3 - Quantitative analysis and Empirical Methods The central objective of this course is to learn concepts and techniques essential to the analysis of public policy issues. It provides an introduction to probability, statistics, and decision analysis emphasizing the ways in which these tools are applied to practical policy questions. The course covers descriptive statistics; hypotheses testing, basic probability; and conditional probability and methods for evaluating policy. It also familiarizes students with the use of software to analyze quantitative data related to public policy. 4 - Public Economics The course is broadly focused on evaluating the rationale for government intervention in the economy. It covers three main topics. Market failures: externalities and public good. Regulation: monopoly and antitrust policy in various markets (ITC, health care insurance, safety, environment, agency relationships, auction theory and mechanisms designs. Redistribution: Social policy, tax redistribution and the design of optimal government programs, with applications including poverty alleviation, health, education, unemployment, and taxation. 5 - Ethics and Public Policy This course presents the welfare and ethical considerations involved in public decisions in democracy, and how policy decisions are related to moral considerations. It provides a range of frameworks, drawn from a variety of cultural perspectives, for analyzing and managing the complex ethical dilemmas that public

4 officials confront. It equips policymakers with the necessary tools to understand social preferences and ethical principles associated with concrete measures. 6 - Law and Regulation of Public Policy This course will introduce students to a comparative analysis of legal instruments considered as necessary to conduct public policies. Consideration will be given to the respective role of different levels of jurisdiction (local, national, European, global). The course will also present some specific legal tools and techniques such as public private partnerships and arbitrage. Finally, legal frameworks applicable to some Government and non- Government public agents will be examined. 7 - International Economic Policy and Governance This course introduces to the basics of international economics, (trade, global capital markets, international monetary and exchange rate regimes, global public goods) that will be developed further in the curriculum. It presents the political economy of international cooperation, both from an institutional point of view (G20/G8, IMF, World Bank, WTO, UN, OECD) and looking at the shifting "balance of power" in the global economy and its implication on international interactions: emerging and advanced economies. The course illustrates those topics with three case studies in success and failures in international cooperation: exchange rates, financial regulation, global warming. 8 - Technology and Public Policy Many public policy choices and decisions involve assessing the costs and benefits of technologies: nuclear, genetically modified organisms, stem cell research, big data, biotechnologies, robotics. Future policy makers need to be aware on how scientists themselves think about those issues and interact with the rest of the society. Many policy decisions are also made when there is uncertainty about the future impact of scientific and technological evolutions linked to human activity. There are often based on some risk assessments in an environment where probabilities cannot be precisely quantified, and "catastrophic" evolutions cannot be ruled out. This course provides an in-depth analysis of these questions by (1) considering the policy challenges linked to emerging sciences (stem cells, cloning, artificial reproduction), (2) looking at the evolution and future of big data and their social and

5 policy impact (3) analyzing technological risks in advanced economies. It also looks at policies to promote sciences and innovation in a comparative analysis. The course will be based on lectures and dialogue with eminent scientists and engineers both from the private and public sector, interacting with economists, political scientists and historians. Students will be invited to draw their own conclusion on how science should inform and influence public decisions, the best process and governance arrangements. B - Policy Streams 1 - Economics and Public Policy - Evaluation of Public Policy - Advanced Microeconomics for Public Policy - Advanced Macroeconomics for Public Policy - Behavioral Economics, Psychology and Public Policy - Comparative Competition Policy - Law and Economics - Political Economy of Regulation - Welfare Analysis and Measurements - Labor Economics - Health Economics - Economics of Education - Inequalities - Monetary Economics and Banking - The Economics of Financial Markets - Public Finance - Sustainable Development - Urban and Regional Development - Understanding the World Economy

6 2 - Culture - Comparative Art and Culture Law - Economics of Culture - Financing the Arts and Culture - Comparative Culture Policies - Management of Cultural Institutions (Track 1: Performing Arts; Track 2: Museums and Patrimony Project Management; Track 3: Creative Industries) - Fundraising for the Cultural Sector - European Cultural Policy and Management - Cultural Entrepreneurship - Public Service Broadcasting in Europe in a Changing Environment - Museum Issues - International Cooperation and Cultural Management - Financial and Managerial Accounting - Culture and Tourism - International Organizations and Cultural Projects 3 - Financial Markets and Regulation - The Economics of Financial Markets - Comparative Financial Regulation: Domestic and Global Aspects - Microstructure and Infrastructure of Capital Markets - Political Economy of Regulation - The Basel Framework of Financial Regulation - Financial Stability, Price Stability and Asset Prices - Monetary Economics and Central Banking - Global Capital Markets and the International Monetary System - Accounting Rules in a Global Perspective - The Regulation of Insurance

7 - The Fund Management Industry - The Economics and Business of Banking - Commodities Markets - Payment and Settlement Systems - Securities Trading: an Industrial Organization Perspective - Public Policies Supporting SMEs - Sovereign Ratings and Macro Risk - Social Entrepreneurship and Impact Investing - Risk Analysis - Audit and Compliance - Financial Macroeconomics 4 - European Economics, Money and Finance - Advanced Microeconomics for Public Policy - Monetary Economics and Central Banking - Comparative Competition Policies - Public Budgeting and Financial Management - European Economics - The European System of Economic Governance - The International Role of the Euro - Understanding the World Economy - Global Capital Markets and the International Monetary System - International Trade Policies - Europe's Energy and Environment Policies - Advanced Macroeconomics for Public Policy - Comparative Financial Regulation - The Basel Framework of Financial Regulation - The Economics of Financial Markets

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