Toulouse School of Economics

Toulouse School of Economics (TSE; French: École d'économie de Toulouse) is a school of economics, affiliated with Toulouse 1 Capitole University, a constituent college of the Federal University of Toulouse Midi-Pyrénées. It is located in the city of Toulouse, France. While the core focus is economics, TSE offers a range of academic degrees spanning licences (French equivalent to bachelor's degree), master's and a doctoral (PhD) programme. According to RePEc, TSE was ranked the 9th most productive research department of economics in the world and the 3rd in Europe by April 2019.[1]

Toulouse School of Economics
TSE Logo 2019.png
Other name
MottoUne grande école au sein de l'université
Motto in English
Economics for the Common Good
TypeEconomics departement
Established2007, as an independent institution
2011, within the Toulouse 1 Capitole University
Academic affiliations
DirectorChristian Gollier
CampusToulouse 1 Capitole University
Manufacture des Tabacs (Toulouse).jpg
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Classes are taught in both French and English. Currently, the school has around 2400 students from over 90 nationalities and 150 full faculty members. In 2014, the then chairman Professor Jean Tirole was awarded the Nobel Prize in Economics Sciences for his analysis of market power and regulation.[2] In 2007, the French government and the Academy of Sciences chose TSE as one of 13 "Réseaux Thématiques de Recherche Avancée" (RTRA) across all fields, enabling the creation of a private foundation, the Jean-Jacques Laffont Foundation, which serves to foster world class research in economics and related social sciences at TSE.[3] Its research department is also affiliated with the School for Advanced Studies in the Social Sciences and the École Polytechnique

International recognitionEdit

Toulouse School of Economics is consistently ranked among the very best in Europe in rankings based on quality-weighted publications.[4] The website Econphd [1] ranks TSE first in the world in information economics, and second in the world in industrial organisation. Many of the faculty members are fellows of the Econometric Society and the European Economic Association.TSE scholars have also received numerous national and international awards, including the Nobel Memorial Prize in Economic Sciences and the CNRS Gold Medal, the highest scientific honor in France (both Jean Tirole in 2007 and 2014), and the Yrjö Jahnsson Award, granted every two years to the best European economist under 45 (Jean-Jacques Laffont and Jean Tirole in 2003, Gilles Saint-Paul in 2007).[5]

Economics departments rankings Worldwide Europe France Year
Shanghai Ranking[6] 17 4 1 2018
IDEAS[7] 9 3 2 2019
Tillburg University[8] 19 4 1 2018
EconPhD[9] 18 2 1 2004
Amir & Knauff[10] 29 5 1 2008
Lubrana, Bauwens, Kirman, & Protopopescu[11] - 4 1 2002

Current advisory councilEdit

The scientific council is composed of very famous economists including two Nobel Laureates:

  • Philippe Aghion, INSEAD & Collège de France,
  • Roland Benabou, Princeton University,
  • Marianne Bertrand, Chicago Booth School of Business,
  • Tim Besley, London School of Economics,
  • Pierre-Olivier Gourinchas, University of California,
  • Rachel Griffith, University of Manchester and Institute for Fiscal Studies,
  • Luigi Guiso, Einaudi Institute for Economics and Finance,
  • Bengt Holmström, MIT,
  • Eliana La Ferrara, Bocconi University,
  • Costas Meghir, Yale University,
  • Jean-Marc Robin, Sciences Po Paris,
  • Thomas Sargent, New York University,
  • Antoinette Schoar, MIT,
  • Guido Tabellini, Bocconi University,
  • David Thesmar, MIT.


Jean-Jacques Laffont FoundationEdit

The Jean-Jacques Laffont - TSE Foundation oversees the governance of TSE. The board of Directors is chaired by Michel Pebereau, and the full members are listed online.[12]

Doctoral programmeEdit

TSE's doctoral programme provides a rigorous and in-depth training in the major fields of economics to prepare students for quantitative and qualitative economic analysis. TSE offers core courses in the main disciplines (microeconomics, macroeconomics and econometrics) as well as a broad choice of applications in those disciplines. In addition, TSE offers a two-year Masters programme and a senior year bachelor programme. TSE graduates become professional economists, whether in academia, government, private firms, or international organisations.

Involvement in policy-makingEdit

TSE researchers have developed strong relationships with economic actors as regulators, corporations and other various institutions. They take an active part in policy-making in France (The French Council of Economic Advisors) as well as for a variety of institutions in Europe (The European Commission) and the rest of the world.[13]

Notable alumniEdit


  1. ^ Top 25% Economics Departments, as of April 2019
  2. ^ Nobel Prize in Economic Science Awarded to Jean Tirole
  3. ^ (in French)Toulouse School of Economics, une grande école pour les Matheux
  4. ^ (in French)Toulouse School of Economics : Jean Tirole fait chauffer l’école
  5. ^ (in French)Bruno Sire
  6. ^ "ShanghaiRanking's Global Ranking of Academic Subjects".
  7. ^ "Economics rankings: Economics Departments | IDEAS/RePEc".
  8. ^ "Tilburg University Economics Ranking - Tilburg University".
  9. ^ "Rankings: All Economics".
  10. ^ Amir, Rabah; Knauff, Malgorzata (February 2008). "Ranking Economics Departments Worldwide on the Basis of PhD Placement" (PDF). Review of Economics and Statistics. 90 (1): 185–190. doi:10.1162/rest.90.1.185. S2CID 57558390.
  11. ^ Lubrano, Michel; Bauwens, Luc; Kirman, Alan; Protopopescu, Camelia (1 December 2003). "Ranking Economics Departments in Europe: A Statistical Approach". Journal of the European Economic Association. 1 (6): 1367–1401. doi:10.1162/154247603322752575.
  12. ^[dead link]
  13. ^ (in French)Toulouse School of Economics : Ah ! si toutes les facs étaient comme elle...
  14. ^ (in French)Philippe Crebassa, administrateur provisoire de l'Enac

External linksEdit

Coordinates: 43°36′19″N 1°25′56″E / 43.6054°N 1.4322°E / 43.6054; 1.4322