Since time immemorial, Changsha has been the seat of numerous ancient academies and schools that up offer quality education to the local people. Hanan Medical University is an example of these institutions and students have joined such schools due to the good study environment the city facilitates.

There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

The china higher education for a couple of years has been voted as one of the best among the Asian countries. This country has over 150 both public and private owned universities distribution on all provinces of china. The higher education is research based.

A bachelor's degree is given to students who fulfill the necessary requirements given by the college or university they are attending. The requirements include three to seven years of focus on a subject, typically referred to as a major or concentration.