The science of economics at Renmin University of China has enjoyed high reputation in the country. The school of economics was among the first ones to confer master degree and doctoral degree in political economy, national economics, and world economics, to host post-doctoral studies in economics, to establish "the Training Center of Economic Talents", which triumphantly ranked as No.1 overall in the country. The institute of China’s reform and development, as an affiliate of the school, is on the list of the "A Hundred National Research Bases of Humanity and Social Science", and was among the first ones to confer PhD degree with a major in theoretical economics in the country. In a review on teaching and research quality assessment conducted by the Ministry of Education in 2002, the school’s subjects of political economy, western economics, and national economics were listed as "the National Fundamental Subjects", with the first two ranked on the top.