West Public Finance

Though West Public Finance (WPF) has a short history, at present it has become a very important branch of knowledge. It has been accepted that market has the ability to promote the growth of economy remarkably. In addition, it is noticed that market results in instability of economy and unfairness of distribution. Public finance, as a powerful tool of adjusting economy and stabilizing society, meets this kind of need. It is because of its economic and social attribute that WPF develops so rapidly and becomes a well-known branch of knowledge.

This course is made up of sixteen chapters. From chapter first to the third the basic theory and principles of WPF are presented. From chapter four to seven, it presents the concept and theory of expenditure. Chapter's eight to twelve present the concept and theory of tax. In thirteen, it presents the concept and theory of government bonds. In fourteen, it presents the concept and theory of government budget. From fifteen chapters to sixteen chapter, they present the concept and theory of public finance structure and policy.