Economics and management undergraduate education has made significant contribution to China economic and social development by training a large number of talents. However，with its development，the shortcomings of undergraduate education in economics and management emerge gradually，which include prevail of cramming method of teaching，low correlation between theory and practice，lack of competence in specific fields and so on. At the root of these problems may be the influence of China’s traditional educational culture，the distinctiveness of economics and management undergraduate education，the formality of experimental and practical teaching methods，and the unmatched of current education mode and social requirements. Based on Constructivism Learning Theory and the Action-Oriented Teaching Theory，this article makes a specific and in-depth analysis of IMPM and CMPM project in order to apply new teaching modes and methods such as “Action-Think-Know-Learn” teaching mode，case study and group discussion，as well as the comprehensive teaching system combined experiments with practice to reform the current economics and management undergraduate education.