Applied Economics

In the context of a rapidly evolving global economy, the Applied Economics program equips international students with deep insights and modern analytical tools to understand and address real-world economic challenges. It is an ideal choice for those who aspire to connect theory with practice and build a solid career in the field of economics.

Program Overview Applied Economics

Applied Economics is a vital discipline that studies the operational mechanisms of the economy, the efficiency of resource allocation, and the laws of economic development. This major bridges theory and practice, emphasizing empirical and quantitative analysis to address real-world issues in macroeconomic management, industrial policies, corporate strategy, and financial markets. In the context of China’s economic transformation and globalization, Applied Economics plays an increasingly important role in areas such as financial technology, digital economy, and regional development.

Program Objectives

This section outlines the qualities and competencies the program expects students to achieve upon completion:

1. Strong professional ethics and sense of responsibility;
2. Solid understanding of economic theories and empirical analytical skills;
3. Interdisciplinary capability in finance, policy research, and strategic analysis;
4. Proficiency in foreign languages and global perspective;
5. Independent research and effective academic writing abilities.

Who is Suitable for the Applied Economics Major?

This major is a good fit for:

• Students with strong logical thinking who enjoy Mathematics, Economics, and Social Sciences;
• Those who want to work in finance, investment, or policy-making;
• Students planning to pursue a Ph.D. or engage in academic research;
• Individuals aiming to work in international organizations, banks, research institutes, or multinational corporations;
• International students with strong foreign language skills and a passion for analytical data thinking.

Study Mode and Duration

This full-time master's program typically lasts 3 years, with a maximum duration of 5 years (including deferment for entrepreneurship or leave). Each student will be guided by an academic advisor throughout their study and research process.

Core Curriculum of the Applied Economics Program

Below is the table of main courses designed to equip students with foundational and advanced knowledge:

Professional Practice

The program encourages students to engage in real-world practice to enhance their comprehensive and applied abilities through activities such as:

• Social surveys and case studies;
• Internships at financial institutions or government agencies;
• Participation in academic conferences and research projects;
• Teaching practices and volunteer service.

Training Orientation

1. Strengthen teaching and research capabilities;
2. Develop practical skills and policy analysis abilities;
3. Improve teamwork and project planning skills;
4. Foster academic integrity and ethical awareness.

Research Directions

Key areas of research focus within the program include:

1. International trade and economic growth
2. Quantitative methods and applications
3. Regional and urban economics
4. Labor economics and human capital
5. Financial markets and corporate governance
6. Environmental and resource economics
7. Health, transport, and development economics

Degree Awarded

Upon completing the coursework, internship, and successfully defending a thesis, students will be awarded the Master of Economics degree (major in Applied Economics).

Career Prospects

Graduates can pursue careers in various sectors:

• Finance Industry: Banks, securities, investment funds, insurance, fintech companies (investment analysis, risk control, economic research...);
• Government & International Organizations: Policy research, development planning, international cooperation (e.g., NDRC, PBoC, World Bank, IMF);
• Enterprises: Strategy departments, market research, data analysis, cost control;
• Academia & Research: Further study at the PhD level or teaching/research positions at universities and research institutions.

Related Programs

• Theoretical Economics
• Finance
• International Economics and Trade
• Quantitative Economics
• Industrial Economics

Top 10 Universities Offering the Master’s Program in Applied Economics in China

1. Peking University
2. Tsinghua University
3. Renmin University of China
4. Fudan University
5. Nankai University
6. Shanghai University of Finance and Economics
7. Xiamen University
8. Central University of Finance and Economics
9. University of International Business and Economics
10. Dongbei University of Finance and Economics

Evaluation of the Applied Economics Major

The Applied Economics major is an ideal choice for young individuals who enjoy data analysis, are interested in real-world socio-economic issues, and aspire to contribute to effective policy solutions. This field combines theoretical depth with high practicality, making it particularly suitable for the current trends of digital transformation and globalization.

The above provides an overview of the Master’s program in Applied Economics. Visit the “Major Search” section to explore more details about study programs in China!

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