What Is Business Economics?

Business economics is a discipline that specializes in studying the economic relations of business sectors and their development laws. Business economics as sectoral economics was created during the socialist construction of the Soviet Union after the October Revolution in Russia in the 20th century. At that time, the scope of research was limited to the Soviet Union and was called "Soviet trade economy." Soon after the founding of the People's Republic of China, it began to create business economics, which covers the study of Chinese commerce, and is called Chinese Socialist Business Economics. Socialist business economics is based on political economics and has developed an independent scientific system through in-depth study of economic activities in the commercial sector. But it is not limited to studying the general economic laws in business, but focusing on revealing the economic laws peculiar to business.

Business economics

Business is a developed form of commodity exchange with a long history. Business plays a vital role in the modern market economy. From a global perspective, the field of modern circulation has become the focus of competition among countries; from the actual situation of China's economic development, commerce is becoming the leading industry of the national economy. In this case, the study of modern business theory is very important for the cultivation of modern business talents. "Business Economics" focuses on big circulation, big market, and big trade. It is an important part of economics. "Business Economics" uses Marxism as a guide and uses the scientific methods of dialectical materialism and historical materialism to study the characteristics, rules, role of modern commodity economy, and development trends, focusing on the generality And essential questions. Through the study of "Business Economics", students will not only understand and master the relevant basic theories and operating laws, but also use the methods provided in this course to analyze the actual problems from a macro and micro perspective, and to learn the subsequent courses Lay a solid theoretical foundation. ^[1]

After the founding of New China, from the early 1950s to the mid 1960s,

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Since the 1990s,

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Socialist business economics has developed into an independent scientific system based on political economics and in-depth study of economic activities in the commercial sector. But it is not limited to studying the general economic laws in business, but focusing on revealing the economic laws peculiar to business. Business economics and

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1. Professional profile

Business economics is a traditional dominant discipline of our school. It has more than 60 years of historical accumulation and inheritance, and the discipline has accumulated a lot in terms of teachers, teaching and scientific research, and personnel training. In the adjustment of the national graduate professional directory in the 1990s, the Department of Business Economics of Renmin University of China and the Department of Industrial Economics merged into the newly established Department of Industrial Economics and became national key disciplines. In 2004, our school independently established a major in circulation economics, and in 2012 it was renamed as a business economics major.

Since the founding of the People's Republic of China, a number of outstanding scholars, including Professor Zeng Hongye, Professor Lin Wenyi, Sun Yefang, and Xue Muqiao, who have significant influence in China, have emerged in the discipline of business economics. At present, business economics with Professor Ji Baocheng as the subject leader has become the dominant discipline of Renmin University of China, and has taken the lead in domestic research in basic theory and personnel training. It is an important goal of our university to build business economics into a stable subject advantage, to make it have distinctive disciplinary characteristics, and to promote several research directions of business economics to have an international influence.

After many years of hard work, the major of business economics has made breakthrough progress in teaching and scientific research, teacher construction, and personnel training, and has formed the following advantages and characteristics in the domestic industrial economics and circulation economics community:

(1) Teaching and research. This discipline has a long-term teaching and scientific research foundation and accumulation. Over the past decade, this discipline has undertaken 28 scientific research projects at the provincial or ministerial level or above, and has received 13 social science funds (including 2 major projects of social science funds) and 6 natural science funds. Among them, a number of Excellent academic research results with disciplinary characteristics and academic influence. This discipline is structured on the solid economic research platform of Renmin University of China. The research direction spans multiple applied economic disciplines, including industrial economic theory, enterprise development theory, circulation economic theory, international trade theory, and commodity theory. In the interdisciplinary research, outstanding results have been achieved, especially the study of circulation theory and practice has always been at the leading domestic level.

(2) Faculty. Since the establishment of the discipline, a group of scholars with significant influence in China has emerged in the discipline of business economics at Renmin University of China. This discipline has a reasonable knowledge structure, age structure and professional and technical structure of the teaching staff, of which 85% of teachers have a doctorate degree, a foreign study and research background. Academic leaders in various research fields have considerable influence in subject construction, theoretical research, and business policy formulation.

(3) Talent training. This discipline has contributed tremendously to the training of teachers in the construction of trade and economic disciplines and the construction of high-level talents in business and economics in many universities across the country. Since the 1950s, in order to adapt to the regular construction of colleges and universities as soon as possible, many universities in China have selected and sent a number of teachers to the postgraduate courses of Renmin University of China. The construction of the school's trade and economic discipline and the training of teachers have played a significant role in promoting it. Over the past decade, this discipline focuses on the training of doctoral and master's degree students, with undergraduate training as the core, and has delivered a large number of multi-level professionals in business and economics for the national economic and social development and domestic trade circulation.

Starting from the 2012 academic year, this PhD program accepts graduate students in business economics and industrial economics.

2. Main research directions and research contents

(1) Market system and market operation

Take Ji Baocheng and Wang Xiaodong as the leaders. Adhering to the original research tradition of "commodity circulation system development", this research direction incorporates new research objects, research perspectives, and academic concepts, and focuses on the reconstruction, standardization, planning, operation, and development of macro markets. The research focus involves decisions Market operation laws and factors, new market macro-control system, market order regulation, market supply and demand adjustment, market operation mode conversion and mechanism correction, and establishment and improvement of market system.

(2) Industrial development and strategic industries

Take Xu Jiabin as the leader. This research direction combines the original two major research directions of "Enterprise Development and Industrial Selection" and "Industrial Adjustment and Industrial Integration", introduces management ideas into the theory of industrial organization, and practical problems encountered in the integration of industrial mergers and acquisitions. As an entry point, the strategic thinking of "realizing industrial development in industrial integration and adjustment and establishing strategic industries in industrial selection" is emphasized.

(3) Industrial organization and market competition policy

Take Chen Yijun and Cai Rongsheng as the leaders. This research direction forms a completely new cross-research on the market, and uses the perspective and methods of industrial organization research to explore new ideas for resolving the contradiction between the market and the industrial structure. This study systematically analyzes the development of China s market monopoly and the focus of antitrust policies by studying the transformation of basic contradictions in industrial organizations in different economic times and the changes in market competition policies in various countries.

(4) Market monitoring and circulation innovation

Take Ma Longlong and Liu Xiangdong as the leaders. This research direction extends and expands the original "commercial operation mechanism innovation" research, and leads to the more specific and more strategic value of the consumer goods market and distribution industry. Through monitoring, analysis and forecasting of the consumer goods market, and The in-depth discussion on the operation of the circulation industry has discovered the evolution law of the circulation industry that realizes self-optimization and upgrading while active in the consumer goods market and meeting consumer demand.

3. Professional training goals

(1) The training goals of graduate students are positioned on industry analysts, government officials, and policy analysts (including the collection of policy-making basis and empirical analysis of policy effects). Graduates are required to master the basic methods of industrial analysis and be familiar with the industrial economy. And the basic theories of the circulation economy, and have a deep understanding and understanding of the formulation and implementation of industrial and market policies. Renmin University of China is committed to cultivating talents who are proficient in micro-management technology and skills, but also have the vision and market consciousness of the mid- and macro-industries. For the large multinational corporations, industry analysis agencies of securities companies, and government departments, they are delivering composite senior talents with a macro-micro analysis perspective .

(2) The goal of training doctoral students is to further highlight the theoretical foundation and the cultivation of innovative thinking based on the master's training goals, to strengthen their theoretical cultivation and academic vision, and to find theoretical breakthroughs with the assistance of their tutors to form theoretical expertise. The PhD in Industrial Economy and Circulation Economy should become the maker of the development strategy of an enterprise group, the industry analyst of an industry association or economic organization, or the decision maker of national industry and market policy formulation. The research they do during school and the work they do after graduation will have an impact on an industry or the entire economic system at the industrial level.

4. Teachers of this major

There are a total of 19 teachers in the academic disciplines of the two majors, including 8 professors and 3 associate professors; all key young teachers (16) under 55 years of age have doctorates and senior titles, of which 85% have a background of studying abroad; Academic leader Professor Ji Baocheng has served as the president of the People's University of China, a member of the Academic Degrees Committee of the State Council and a member of the disciplinary review team (convenor of the Applied Economics Discipline Group); other academic leaders who have led the five major research directions also have academic backgrounds, social influences, and academic reputation And other aspects are in a dominant position in China.

5. Foreign academic exchanges

The two majors have actively carried out academic exchanges. In the past five years, they have participated in 8 international theoretical seminars in related fields, organized 2 large-scale domestic theoretical seminars, and sponsored international academic seminars on "WTO, China, and Asian economies"; and Achieved horizontal exchanges and cooperation with other market monitoring units such as the Ministry of Commerce, the Ministry of Science and Technology, the Statistics Bureau and the Grain Bureau.

6. Major professional courses offered

The discipline of circulation economics provides basic theoretical courses such as "Western economics", "econometrics", and "mathematical analysis methods" for graduate students. It makes full use of the comprehensive advantages of our university in domestic economic management and other disciplines, laying a foundation for the cultivation of outstanding graduate students. Strong theoretical foundations in economics and management; providing basic courses in disciplines such as "circulation economics", "industrial economics", and "international economics", providing theoretical guidance and empirical platforms for graduate students to carry out special research in this subject area; Specialized courses such as "Research on the main documents of circulation economics", "Top topics of market circulation theory", "Research on commodity circulation system", "Retail and wholesale strategic management", etc., to improve the knowledge structure of circulation economic research; "," Economic and social policy "and other policy courses, strengthen the perspective of policy analysis of circulation economy research, focus on creating" distribution industry economics "interdisciplinary courses, and strengthen the theoretical comprehensive application ability of circulation economy research.

(1) Economics of circulation

(2) Industrial Economics

(3) International Economics

(4) Research on commodity circulation system

(5) Retail and Wholesale Strategic Management

(6) Study of the main literature of circulation economics

(7) Frontier topics of market circulation theory

(8) Frontier topics of international trade policy

(9) Economic and social policies