The fees for bachelor’s degree of Economics is different for different universities. It ranges between RMB 18,000 to RMB 49,750 per year. That is, Rs.1,80,000 to 4,97,500 Indian rupees.
The cost of living in China is in between RMB 2,000 to RMB 3,000. That is, 20,000 to 30,000 INR per month and thus 2,00,000 to 3,00,000 per year. Hence, the total living cost goes up to 8 to 12 lacs for the duration of 4 years.
The Master in Economics course lasts for 2 to 3 years and the fees for the master’s program are in between RMB 23,000 to RMB 99,160 per year. That is between 2,30,000 to 9,91,160 per year.
Thus, the total cost for studying a Bachelor’s degree will be around 30 - 35 lacs and the total cost for studying a Master’s degree in Economics will be around 18 to 40 lacs.