Fiscal Theory and Policy Core Knowledge Study Guide
This guide systematically outlines the core framework of fiscal theory and policy, delving into the sources of fiscal revenue, principles of taxation, and the structure and functions of fiscal expenditure. It thoroughly explores key theoretical concepts such as the objectives of fiscal policy, tools, and the multiplier effect, and extends to real-world issues such as budgetary management, policy coordination, and budgetary practices, aiding learners in constructing a comprehensive fiscal economic analysis framework.
The Core Composition of Fiscal Income and Tax Principles
Sources of fiscal revenue (taxes, government bonds, state-owned asset gains, etc.)
Principles and Principles of Taxation (Fairness, Efficiency, Tax Neutrality, etc.)
The taxation principles and impact of the main tax categories (income tax, value-added tax, consumption tax, etc.)
Reform and Development of the Tax System
Structural and Functional Positioning of Fiscal Expenditure
Structure and Function of Fiscal Expenditure (Economic Construction Expenditure, Social Welfare Expenditure, Administrative Management Expenditure)
The Core Theory and Practical Application of Fiscal Policy
Fiscal Policy: Goals and Tools (Government Purchases, Tax Policy, Transfer Payments, etc.)
The Multiplier Effect of Fiscal Policy (Government Purchases Multiplier, Tax Multiplier, etc.)
Fiscal Policy's Crowding Out Effect and Its Reasons
Fiscal Deficit and Government Debt Management
The Lags and Effect Assessment of Fiscal Policy
Fiscal Policy Coordination and Practical Expansion
Coordination and cooperation between fiscal policy and monetary policy
- Core Differences and Complementarity Between Fiscal and Monetary Policies
- The Applicable Scenarios and Coordination Logic of the Dual Easing Policy Combination
- The Regulatory Objectives and Implementation Effects of the Dual-Tight Policy Combination
- The Application Strategy and Advantages of a Loose-Tight Policy Combination
International Comparison and Analysis of Fiscal Policy Differences
- Differences in the Goals of Fiscal Policy Among Different Countries
- Difference in Tool Selection of Fiscal Policy Between Developed Countries and Developing Countries
- Institutional and Economic Factors Behind International Differences in Fiscal Policy
- Necessity and Pathway of International Fiscal Policy Coordination