6IPFStudyGuide 财政学.pdf

Introductory Public Finance Study Guide for Final Alberto Batinti Shanghai University of Finance and Economics School of Public Economics and Administration a.batinti@ Final: Structure Three sections: total points = 100 Multiple choice (33) Problem solving (2) Essay Question (2) Time: 90 minutes No cut in points if you try to answer Closed book closed notes, but I will give you the formulas if you need any: you will not be asked to dervie the formulas A. Batinti - Fall 2014 Intro to Public Finance. Study Guide 2 Multiple Choice: Topics Demand function: compensated and not Empirical tools: when more appropriate to use one or the other? Difference in difference Instrumental variable Regression discontinuity Theory of causality: what is the difference between correlation and causation? What is the potential outcomes approach to the problem of causality? Some specifics on Chinese Tax systems Tax incidence (partial and general equilibrium) and burden of taxation Long and short run elasticities: what is the difference and how to use it? A. Batinti - Fall 2014 Intro to Public Finance. Study Guide 3 Multiple choice Optimal taxation: what is the main message of the Ramsey鈥檚 rule? Min Sum(DWL) given R (Government Requirement) Max SWF given R (government requirement) Some calculus: In several cases you will be given the demand and supply equations: How do you derive the equilibrium price and quantity? How do you derive the producer and consumer surpluses? How do you derive the de