This template enables you to display a list of all child categories for the one parent category and updates dynamically after you add more child categories to any existing or new parent category.
Update : Here’s another solution List Child Categories of Parent Category With Image
A member of WP Sites asked me this question which is the reason i worked out this solution and wrote the tutorial:
I would like to understand how I can add create a page displaying a list of specific subcategories. I’m using the Magazine Pro theme by StudioPress.
Here’s the code for logged in members: