Public Finance (4th Edition)

Author: Chen Gong
Publisher:
Publish Date: 2004-03-16
Features: This textbook is a core course material for undergraduate students in general universities, focusing on the transmission of fundamental theories and basic knowledge. It aims to standardize, refine, and simplify the content, primarily suitable for economics and business management majors, as well as public finance majors. In use, adjustments should be made to chapters and content based on the needs of different disciplines and teaching objectives, with selective emphasis on key topics. The textbook emphasizes the teaching of fundamental theories, basic knowledge, and basic management skills, striving for standardization, accuracy, and conciseness. Its content revolves around public expenditure and public revenue, with a basic framework of: Basic Theories (Introduction) – Public Expenditure – Public Revenue – Government Bonds – National Budget – Fiscal Policy. The entire book is divided into an introduction and 16 chapters of teaching content, broadly organized into seven parts.
Part I: Fiscal Theory (Chapter 1) elaborates on the fundamental theoretical issues of public finance, arguing the concept and functions of public finance from the perspective of the relationship between government and the market.
Part II: Public Expenditure (Chapters 2–6) discusses the basic theories of public expenditure, analyzes its scale and structure, and conducts specific analyses of expenditure items categorized as purchase-related and transfer-related expenditures.
Part III: Public Revenue and Taxation (Chapters 7–11) first examines the scale and structure of public revenue, then focuses on the principles of taxation, tax systems, tax reforms, and tax administration.
Part IV: Government Bonds (Chapter 12) emphasizes the principles of government bonds, their scale, and the bond market.
Part V: National Budget (Chapter 13) addresses issues related to the national budget, with a focus on the budget management system.
Part VI: Fiscal Balance and Fiscal Policy (Chapters 14–15) covers fiscal balance, fiscal deficits, and fiscal policy.
Part VII (Chapter 16) analyzes fiscal issues in an open economy, including international taxation, tariffs, export rebates, foreign debt, and fiscal and monetary policies in an open economy.