Public Finance公共财政学-英文版 (复旦 Li Du).ppt

Public Finance Instructor : Dr. Li DuSchool of Economics,Fudan University E-mail:lidu@ Tel(O)PPT downloadable here 2/username:duli1972 Readings:Books Economics of the Public Sector,by Joseph E. Stiglitz,3rd edition Musgrave, R.A. and Musgrave P.B., Public Finance in Theory and Practice, McGraw-Hill Book Company, 1984,1989.(Chinese version: 《美国财政理论与实践》/中国财政经济出版社) Lectures on Public Economics, by Stiglitz, Joseph E. and Atkinson, Anthony B., McGraw-Hill Book Company, 1980. (Chinese version: 《公共经济学》/上海三联书店) 《现代公共财政学》/胡庆康、杜莉/复旦大学出版社 Readings:Journals 中国社会科学 经济研究 经济学动态 财贸经济 经济社会体制比较 中国经济问题 世界经济文汇 财政研究 税务研究 财经研究 财经理论与实践 税务与经济 财经科学 当代财经 涉外税务 Relevant websites China Ministry of Finance China National Bureau of Statistics  China State Administration of taxation U.S. The Treasury U.S. Internal Revenue Service U.S.Congressional budget office I Introduction Subjects Background Definition of “Public finance” The branch of economic theory concerned with the revenue-raising and spending activities of public sector,namely,the government. Subjects of “Public Finance” The finance of public sector. Public sector – the government Finance – revenue and expenditure Not just relate to money(financial), but to the use of real resources Another label:public sector economics Definition of government by economists Also an economic entity Characteristics in common with private sector——consuming——investing Distinct Characteristics in comparison with private sector To maximize the social welfare Collective decision-making Figure Different views on social welfare maximization Organic view of governmentfocus:the community“An activity of a citizen is desirable only if it leads to a just society Mechanistic view of governmentfocus:individuals“The government is for the benefit of individuals.Still different views… Branches for the mechanistic view of government Libertarians:minimal government Social democratssubstantial government intervention required