First, economic law is a domestic law. What people usually call economic law is actually domestic economic law relative to international economic law. Therefore, the study of economic law and its development law belongs to the category of domestic law.
Second, economic law is an applied law, which is closely related to social practice and has great practical value.
Third, economic law is an independent discipline. An independent discipline refers to a discipline with a specific research object. As the research object of economic law, economic law and its development law not only have a certain scope, but also can be separated from the research objects of other legal disciplines. Therefore, economic law is an independent legal discipline.
Fourth, economic law is a new discipline. Economic law is a young discipline in modern society and a new legal discipline. At the same time, it is also a rapidly developing discipline with broad development prospects.
Fifth, economic law is an important discipline. Judging whether a subject is important or not, and to what extent, does not depend on the subjective will of scholars in this subject and other disciplines, but on the actual situation in which he plays a role. In modern society, economic law plays a great role in strengthening the construction of economic legal system, maintaining social and economic order and promoting economic development. Therefore, economic law is an important legal subject.