On the application of world Economics in practice

Abstract

The importance of world economics is becoming more and more prominent in today’s surging wave of globalisation. As an interconnected and interdependent complex system, the world economy, its operating laws and theoretical knowledge constitute the core content
of world economics. Economic activities among countries cannot be separated from the guidance of world economics. From the macro level,
world economics provides a theoretical basis for countries to formulate foreign economic policies and participate in international economic
competition, and helps countries to find their own position in the global economic pattern, so as to achieve stable economic development.
Based on this, the following discussion on the use of world economics in practice is for reference.