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The committee motivates the grade to the candidate. The diploma ceremony proceeds in public. In this highly selective educational setting, it has developed since a quality education program for international students wishing to do their Master studies in Economics at the Sorbonne : the PSME.
The Economics courses correspond to a full program of courses taught in the first year of graduate studies, at what is known as the M1 level in the "Bologna" European Academic System. French courses are intended to prepare the PSME students to attend in 2nd year M2 level all Economics courses offered at this level by Paris 1, including courses taught in French.
You can find details of these courses on the website of the University of Paris 1 Economics Department.