The Economics for Smart Cities and Climate Policy Master's Degree is a two-year program entirely taught in English. It is designed for highly qualified and internationally oriented students.
This course will provide you with the economics know-how to navigate the current trends shaping 21st century metropolitan economies. It involves applying economics quantitative methods to the study of new and transforming metropolitan areas and their competitive environments. This program in fact involves a strong involvement and interest for economics and econometrics applied to urban subject (Urban economic, Environmental and Energy Economics, Evaluation of Public Policy, Econometrics, Traffic and Transportation systems, Geographical Information System, Big Data...).
For more information about this program, register to our online presentation sessions.
The teaching is firmly oriented towards the business world, and relies on a combination of economics theoretical methodology and real-world case studies. The ESCLiP Master’s Program has developed strong links with industrial and academic partners from various related fields, namely electricity, finance, energy, international organizations, transportation and ministries. Institutions and companies partnered with the Program include the City of Paris, EDF and SNCF, to name a few.
In an increasingly global economy, metropolitan areas are the basic components of economic competition and growth. Capital, labor pools, knowledge, infrastructures, and their distribution within and across geographical space play a major role in the economic development and prosperity of a metropolitan area.
As highlighted by the Economist, a report from the American think-tank Brookings Institution shows that “the world's largest 300 metropolitan economies account for 19% of the global population and almost half the world's GDP. In the past decade, incomes and jobs tended to grow faster in these urban areas than their national averages”.
Despite international competition and free mobility of inputs like assets, raw materials, and knowledge, location still plays a fundamental role as a competitive edge. As rail, port, and road infrastructures were amongst the key factors when determining where to locate a new business or a new branch, scarce human resources are now part of the decision-making process.
As Joel Kotkin wrote in his book The New Geography (2012), “these changes profoundly alter the very nature of the place and its importance by de-emphasizing physical factors and placing greater emphasis on the concentration of human skills in dense concentrations of the population”.
More resourceful than their non-metropolitan counterparts, metropolitan economies take advantage of bigger markets for goods and services, have more specialized workers pools, and benefit from more advanced and reliable transportation and telecommunications services. In this context, metropolitan areas tend to be the main generators of economic prosperity and a breeding ground for innovative tech companies.
The 21st-century metropolitan regions are being transformed and are embracing new technological, urban, and mobility challenges. In order to successfully fit into the metropolitan booming transformation, a lot of existing cities will have to implement an effective, sustainable, and tailor-made economic strategy. Shaping new urban patterns, preserving and enhancing their environment, and striking a balance between fast rates of urbanization and people’s quality of life are among the challenges to overcome.
The Economics for Smart Cities and Climate Policy program provides an in-depth understanding of new and transforming metropolitan areas and their competitive environments.
Following the École Polytechnique’s tradition of excellence in the applied sciences, the Economics for Smart Cities and Climate Policy Master's is designed for students with a strong mathematical background and an interest in economics.
For those who wish to obtain a rigorous, in-depth knowledge of metroeconomics challenges and are looking to use their technical skills in strategy and leadership-oriented roles, this degree will provide the know-how to navigate the trends shaping the 21st metropolitan economies. The program involves applying advanced quantitative methods to the study of new and transforming metropolitan areas and their competitive environments.
Teaching is resolutely professional-oriented, relying on a combination of methodological teachings and real-world case studies to uncover the hidden trends guiding the evolution of specific market segments and business models.
The Economics for Smart Cities and Climate Policy program emphasizes hands-on, experimental learning by inviting you into with the worlds of research and industry, notably through four to six-month internships.
The professional orientation of the program is strengthened by the strong and mutual links with industrial and institutional partners from various and relevant fields: real estate, finance, energy, international organizations, and ministries. Institutions and companies such as The World Bank, SNI, EDF, and SNCF are among the program partners – to name just a few.
The Economics for Smart Cities and Climate Policy program is tailored for students who intend to embark upon careers as executives, in the public and private sectors. The program provides students with the knowledge, skills, and experience they need to gain to succeed in their career paths.
Different career paths are available upon degree completion:
Managerial positions in various industries such as transportation, energy, environment, commercial real estate, urban and infrastructure management, and services.
Economic advisory positions in local, regional, governmental, and international institutions.
Consultancy positions, in which case the market knowledge gained from the program will be invaluable.
Applicants must hold or expect to hold a Bachelor's degree in Economics, Mathematics, Civil Engineering and/or Transportation Studies, or "Diplôme d'ingénieur" prior to the beginning of the program.
For more information on the admission criteria and procedure, please visit our website.
Student life at École Polytechnique extends far beyond academic courses. Sports, performing arts, student clubs and activities not only enrich students' time on campus, but also offer wonderful opportunities for learning, networking and developing important skills outside of the classroom.
École Polytechnique is pleased to provide accommodation on campus for all graduate degree students given that they request it within the given timeframe.