Theoretical Economics

If you are passionate about exploring the fundamental laws of economic systems, enjoy academic research, and aspire to work in policy-making institutions or teach at universities, then Theoretical Economics is the ideal program for you to pursue in China.

Program Overview

The Master of Theoretical Economics is a first-level discipline within the field of economics. It focuses on studying the fundamental operational laws of economic systems and the theoretical relationships between economic variables. The program emphasizes systematic study of Marxist political economy alongside cutting-edge theories from modern Western economics, aiming to cultivate strong analytical and innovative research abilities in students.

Training Objectives

This program aims to nurture economic professionals with high ethical standards, strong academic integrity, and deep theoretical knowledge. Graduates should possess a solid foundation in economic theory, be proficient in modern analytical tools and economic modeling, demonstrate competent computer and foreign language skills, and be prepared for careers in higher education, research, government agencies, and financial institutions.

Who is suitable for this major?

• This major is ideal for individuals who:
• Enjoy theoretical thinking, analysis, and abstracting economic issues
• Have clear academic aspirations and wish to engage in in-depth research or teaching
• Desire to work in academic environments, policy institutions, or international organizations
• Can proficiently read and understand specialized literature in English or Chinese and use economic analysis software
• Have studied or possess a solid foundation in microeconomics, macroeconomics, econometrics, and advanced mathematics

Study Mode and Duration

• Standard duration: 3 years; maximum duration: 5 years
• Years 1-2: coursework phase; Year 3: research, internship, thesis writing, and defense
• Mid-term assessment conducted at the end of the third semester
• Outstanding students may apply for early graduation

Curriculum Structure

Professional Practice

• Academic Activities: Participate in lectures, forums, seminars; deliver academic presentations each academic year
• Social Practice: Engage in volunteer service, surveys, assistant roles to develop social responsibility and practical skills
• Research Papers: Submit one academic paper per academic year

Training Approach

The program emphasizes:

• Integration of broad theoretical foundation and research competence
• Combination of theory, practice, and research
• Diverse teaching methods (heuristic, seminar-based, case-based)
• Supervisor responsibility system for personalized mentoring
• Innovation-oriented, research-driven educational model

Research Directions

1. Political Economy: Combines Marxist and Western economics for macro-policy and public administration.
2. Economic History: Studies institutional change and economic evolution using historical and analytical tools.
3. Western Economics: Focuses on market mechanisms, government intervention, and economic policy design.
4. World Economy: Analyzes global economic operations, international trade, and transnational strategy.
5. Population, Resources, and Environmental Economics: Addresses sustainability challenges through economic research.

Degree Conferment

Graduates who meet all academic requirements and pass the thesis defense will be awarded a Master’s degree in Economics (Theoretical Economics).

Career Development

• Academic: University lecturer, researcher, PhD continuation
• Policy: Research institutes (e.g., CASS, DRC), government departments (e.g., NDRC, Ministry of Finance)
• International: World Bank, IMF, Asian Development Bank
• Finance: Macroeconomic analyst, investment researcher, financial institutions
• Consulting & Industry: Strategic departments, economic consulting, data analysis roles

Related Majors

• Applied Economics
• Finance
• Quantitative Economics
• Development Economics
• Political Economy

Leading Universities in China

1. Renmin University of China
2. Peking University
3. Fudan University
4. Nanjing University
5. Nankai University
6. Zhejiang University
7. Beijing Normal University
8. Wuhan University
9. Northwest University
10. Tsinghua University

Evaluation of the Theoretical Economics major

Theoretical Economics is a highly foundational and academic discipline within the field of economics. This major cultivates sharp logical thinking, theoretical analysis skills, economic modeling capabilities, and the ability to explain economic phenomena through scientific reasoning. It provides an ideal theoretical foundation for those who wish to pursue research, teaching, or careers in policy-making institutions, macroeconomic research organizations, or prepare for doctoral studies.

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

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