An Analysis of the Relationship Between Theoretical Economics and Applied Economics
Year: 2024
Type: article
Abstract: With the increasing enhancement of China's economic strength, various theoretical aspects related to economics have garnered widespread attention from all sectors of society. Clarifying the concepts of theoretical economics and applied economics, and understanding the relationship between the two, has become a primary focus in numerous developmental fields today. Comparatively, any theoretical research requires consideration of practical outcomes. However, during the study of economic theories, deviations inevitably arise due to multiple influencing factors, and the content related to theoretical economics has not been highly emphasized, ultimately leading to problems in economic activities. Therefore, mastering the relationship between theoretical economics and applied economics to promote orderly economic activities has become an important direction for economic endeavors. This paper delves into the relationship between theoretical economics and applied economics, analyzes their significance within the field of economics, identifies current issues, and proposes effective strategies to promote the balanced development of both, aiming to provide valuable references for economic research and practice.
DOI: 10.54097/0xw51376
Author: Luyue Wu
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4404550619