The best universities in theoretical economics are Peking University, Renmin University of China, Fudan University, Wuhan University, Xiamen University, and Northeast University of Finance and Economics.
The best universities in applied economics are: Renmin University of China, Central University of Finance and Economics, Zhongnan University of Finance and Economics, Southwest University of Finance and Economics, Zhejiang University, Sun Yat sen University, Xi'an Jiaotong University.
Concept:
Economics is a theory that studies the laws of production, circulation, distribution and consumption of value. The research object of economics is the same objective law as that of natural science and other social sciences. Economy is the creation, transformation and realization of value. Human economic activities are activities that create, transform and realize value and meet the needs of human material and cultural life. Economics is a theory that studies the laws of human economic activities, that is, the laws of value creation, transformation and realization, that is, the laws of economic development. It is divided into political economics and scientific economics.