The difference between government economics and public economics

(1) In the discipline system, traditional finance cannot unify the resource allocation of market mechanism and non-market mechanism to Pareto efficiency, and ignores the market mechanism as the premise of studying government economic behavior. In government economics, a theoretical model combining the two is established. (2) Traditional finance regards government decision-making as an established fact, and studies national will and government decision-making as exogenous variables. In government economics, the state (government) is an organizational system, the will of the state and the decision-making of the government are determined by a set of political procedures, and the economic effects of political procedures are analyzed by neoclassical analysis methods. (3) Traditional finance focuses on the form and process of government revenue and expenditure, especially fiscal revenue. Government economics attaches great importance to the study of the influence of government finance on the national economy, and especially emphasizes the economic analysis of government expenditure, because government expenditure is the cost of government behavior and can better reflect the intention of government decision-making and behavior.