# Business Degree Program in China - Quantitative Economics

1. Introduction

Quantitative Economics, used to being called economic mathematics method, is the economic discipline based on the qualitative analysis of economic theory, using mathematical methods and computational techniques to study the economic quantitative relations and the change regularity.

The research scope of quantitative economics expands from the theoretical research to the various application researches, serving the plan, management, forecast and decision-making of the enterprise and the country. It uses mathematical methods, in addition to the elementary and advanced mathematics; there are linear algebra, mathematical programming and other modern mathematics. It adopts the computing tools, the electronic computer combining modern communication technology.

2. Research Content

1) The concept, characteristics and the role of economic quantitative relations;

2) The general theory and methodology of economic quantity analysis;

3) Optimal planning and management of the national economy;

4) The application of economic control theory;

5) The evaluation of the investment effect and the demonstration of the investment plan;

6) The organization and management of economic information and the establishment of the automation system and the application of the production layout, commodity circulation, national reserve and so on.

3. Research Objects

Study the economic quantitative relations and the change regularity. It studies the economic quantitative relations through the economic mathematics model, characteristic of quantitative economics. The position of quantitative economics in the system of economic science is equivalent to the position of mathematics in all sciences. Because of its special economic model, it studies the relationship between economy and quantity, which provides a general analysis method and methodology for the deepening of other economic subjects. In this sense, quantitative economics is a methodology subject.

In theory, reveal the regularity of the change of the quantity relation of economy, and to provide the method of economic quantity analysis for the economic research and the economic work in the methodology. Quantitative economics has its own basic principles, principles and methods of using and solving problems, and it is also a subject of Applied Economics. In the application, improve the economic planning, management, forecasting and decision-making, is the purpose of the development of this discipline.

5. Theoretical Basis

Theoretical economics is the basis of quantitative economics. The development status of theoretical economics has a great influence on the development of quantitative economics. And the occurrence of quantitative economics makes the general law revealed by economic theory become specific, quantitative, experienced, can be used in the actual economics and different theoretical perspectives through quantitative economics can verify that it reflects the extent of the actual. Quantitative economics from the aspect of the theory of economics based theory into actual economic work in specific programs, measures and suggestions and so on, is between economic theory and economic practice bridge, medium, converting agent.

The main method of quantitative economics is economic mathematical model, including economic system analysis, econometric analysis, input-output analysis, cost benefit analysis, optimal planning and analysis, computer simulation and so on. Abide by a series of principles and principles should be in the study and use of these economic quantitative analysis methods, such as based on the qualitative analysis to quantitative analysis, the connection of production and technology to unify with the society and economy, the role of mathematics and computer to have the correct evaluation and so on. System theory, control theory, information theory and modern mathematics are the basis of the methodology of quantitative economics.

6. Similar Programs

Quantitative economics and mathematics, social economic statistics, system science, technology economics

7. Training Direction

Train professional talents who master the advanced economic analysis method and the basic knowledge of economics, able to skillfully use analysis method (mathematical methods, statistical methods and calculation method) to conduct qualitative and quantitative analysis on economic problems.

8. Main Courses

Mathematical analysis method, advanced mathematical statistics, Advanced Macroeconomics, Advanced Microeconomics, senior econometrics, mathematical programming theory and method, advanced time series analysis, game theory and its application, advanced finance theory, dynamic optimization, higher probability theory, econometrics in financial market, stochastic process, corporate finance, industrial organization theory, growth theory topics, etc.