Applications
Transcendence bases are a useful tool to prove various existence statements about field homomorphisms. Here is an example: Given an algebraically closed field L, a subfield K and a field automorphism f of K, there exists a field automorphism of L which extends f (i.e. whose restriction to K is f). For the proof, one starts with a transcendence basis S of L/K. The elements of K(S) are just quotients of polynomials in elements of S with coefficients in K; therefore the automorphism f can be extended to one of K(S) by sending every element of S to itself. The field L is the algebraic closure of K(S) and algebraic closures are unique up to isomorphism; this means that the automorphism can be further extended from K(S) to L.
As another application, we show that there are (many) proper subfields of the complex number field C which are (as fields) isomorphic to C. For the proof, take a transcendence basis S of C/Q. S is an infinite (even uncountable) set, so there exist (many) maps f: S → S which are injective but not surjective. Any such map can be extended to a field homomorphism Q(S) → Q(S) which is not surjective. Such a field homomorphism can in turn be extended to the algebraic closure C, and the resulting field homomorphisms C → C are not surjective.
The transcendence degree can give an intuitive understanding of the size of a field. For instance, a theorem due to Siegel states that if X is a compact, connected, complex manifold of dimension n and K(X) denotes the field of (globally defined) meromorphic functions on it, then trdegC(K(X)) ≤ n.
Read more about this topic: Transcendence Degree