Public FinanceⅠ
TeachersSONG YU
Grade, SemesterYear 2 1st semest [Department of Regional Economics, Faculty of Economics]
CategoryMajor Course: Local Government and Administration
Elective, CreditsElective 2credit
 Syllabus Number8C206

Course Description

Our life is highly involved with public finance. We pay taxes and also receive services provided by the government and local authorities. In simple words, taxes are the income for the public finance, while providing the service to the public are the expenses to the public finance.
In this course, students will study DP1 and DP2.

Course Objectives

This session is to establish the basic knowledge of Public Finance, and to develop your understanding about maintaining the sustainability of the public finance, by studying financial issues.
Besides, combine your study with Public FinanceⅡ, students can cultivate thinking skills. Public Finance I is more focusing on independent thinking, which includes personal tests, questions and answers, while Finance II is more targeting at team work including group research and discussions.

Grading Policy

Opinion(20%),Lesson tests(30%),Term test(50%)

Feedback:
A quiz will be given after each lecture, and a commentary will be given before the next class.
We will announce the points for the regular exam in advance and provide feedback on the scoring points and answer examples via the LMS.

Textbook and Reference

KindTitleAuthorPublisher
Textbook(2005)“Public Finance”金澤史男有斐閣ブックス
References(2007)『財政のしくみがわかる本』神野直彦岩波ジュニア新書566

Requirements(Assignments)

Preparation:About 1 hour
Please prepare with textbooks according to the content of each class. We recommend that you organize the results you have prepared in a bulleted list or sentence.

Revision:About 1.5 hours
Review the textbook against the printed content. Create an incomplete lecture assignment.

Note

・ If you are interested in tax and local finance, it is recommended that you implement it at the same time as "The Tax" and "Public FinanceⅡ".
・ Details of grade evaluation and examinations will be explained in the first lecture. Students who wish to attend the course must attend.

Schedule

1Guidance and Introduction
About Public Finance
2Development of Public Finance
3The role of finance
4Fiscal democracy
Budget
5Budget
A government budget bill
6Tax system
Tax reform
7Expense theory
Japanese government spending
8Government bond
Fiscal deficit
9Government bond
Fiscal crisis
10Fiscal investment and loan
11Social security1
Medical care
Pension
12Social security2
Public assistance
Social welfare
13Fiscal policy
Economic fluctuation
14Fiscal policy
Fiscal reconstruction
15Characteristics of Japanese finance
Summary