A master's degree is a postgraduate academic degree. One must already have an undergraduate degree to apply for a master's program. Most master's degree program would require students to complete a master's thesis or research paper.
Aside from the distinguishing between microeconomics and macroeconomics, students who are studying economics must also learn the difference between positive economics and normative economics. The former deals with that which is, while the later deals with that which ought to be. Other distinguishing characteristics include economic theory and applied economics.
France, officially the French Republic, is a unitary semi-presidential republic located mostly in Western Europe, with several overseas regions and territories.
Lyon is located in the east-central of France. It is city with more than 400,000 inhabitants. Lyon city has numerous universities, colleges and other minor establishments of higher learning.
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