As fossil energy is increasingly depleted, promoting the integration of renewable energy into the grid and improving its utilization rate has become an irresistible development trend in China’s power industry. However, the volatility of wind power increases the difficulty of economic dispatch in power systems. With the rising participation of wind power in the system, the complexity of traditional microgrid dynamic scheduling problems has increased, transforming into a dynamic economic scheduling problem for wind power thermal power hybrid microgrids. Starting from the concept and research significance of economic dispatch, this article analyzes the current research status of microgrid economic dispatch as well as the impact and influencing factors of wind energy grid connection on it. It summarizes the research performed by scholars in two aspects: scheduling models and solving algorithms in static dispatch, as well as how to deal with wind power randomness in dynamic dispatch and how to balance environmental protection while ensuring economic maximization. Finally, the existing problems in current research were summarized and future development directions were prospected. This research has important application prospects in improving the economy of the system and protecting the ecological environment.