Chapter_01 导论.ppt

Information Textbook: Public Finance, (Eighth Edition) Harvey S. Rosen, Ted Gayer． 清华大学出版社 Supplementary material: 财政学（第六版）陈共 Email: personalfinance06@ P.S.:catandmouse Time for QA: Wed. 16:00-18:00 am. Location: Room 412 Information Hours Credits: 36hs.; 2cs. Exam: Mid-term examination（？）; Final exam: Closed book examination Overall Performance: Classroom Perf.10%+ Mid-term(Homework)20%+ Final Results 70% Classroom Performance: Attendance+Classroom Questions CHAPTER 1 INTRODUCTION Defining the Field of Study Public Finance – the field of economics that analyzes government taxation and spending policies Public Sector Economics-see definition above Public Economics-see definition above What is not part of public finance Public Finance and Ideology Organic view of government Mechanistic view of government The Legal Framework Federal government Federal Constitutional provisions Article 1, Section 8 Article 1, Section 9 16th Amendment 5th Amendment The Legal Framework State governments Federal constitutional provisions 10th amendment The State constitutions Local governments Derive power to tax and spend from the States Fiscal independence of local governments The Size of Government How to measure the size of government Number of workers Annual expenditures Types of government expenditure Purchases of goods and services Transfers of income Interest payments Budget documents Unified budget Regulatory budget State, Local, and Federal Government Expenditures (selected years) Changes in the Real Value of Debt Inflation tax Doing Research in Public Finance Public Finance journals International Tax and Public Finance Journal of Public Economics National Tax Journal Public Finance Public Finance Quarterly General-interest journals American Economic Review Journal of Econ