<p>Disclosed are a toner and a manufacturing method thereof. The disclosed toner comprises: a core unit including a first binder resin having a weight average molecular weight of Mw_1; a first shell unit including a second binder resin having a weight average molecular weight of Mw_2 and surrounding the core unit; and a second shell unit including a third binder resin having a weight average molecular weight of Mw_3 and surrounding the first shell unit wherein the Mw_1, the Mw_2 and the Mw_3 satisfy a formula (Mw_2 < Mw_1 < Mw_3).</p>
