There is no division of disciplines between applied economics and theoretical economics abroad. Judging from the division of so-called applied economics and theoretical economics in China, Harvard Business School is good in both aspects, but it is more prominent than theoretical economics in the global ranking.

In theoretical economics, macroeconomics, global economics and development economics rank first in the world, microeconomics third in the world and econometrics fifth in the world. In applied economics, labor economics ranks first in the world, and public finance and industrial economics rank second in the world.