1. To understand the various aspects of Public Finance.
2. To determine the role and objectives of Fiscal Policy.
• Meaning and classification of Public Expenditure;
• Reasons for the growth of Public Expenditure;
• Effects of Public Expenditure;
• Trends in Public Expenditure in India.
• Subsidies in India
• Government budget : Meaning & Purpose
• Types of Government Budget :Legislative & Executive; Multiple & unified; Conventional & Cash; Revenue & Capital; Incremental & Zero base; Development & Non Development ; Economic and Functional classification of the Budget;
• Concept of budget deficit – Revenue deficit, Budget deficit, Fiscal deficit, Primary deficit
• Introduction to the concept of – Gender Budgeting
• Analysis of previous Budgets of India and Rajasthan
• Fiscal Policy – meaning, objectives and instruments;
• Limitations of Fiscal Policy;
• Deficit Financing-Meaning, Role and Effects.
1. Tyagi, B.P., Public Finance, Latest edition, Jain Praksash Nath & Company, Meerut. 2. Bhatia, H. L., Public Finance, Recent Edition, Vikas Publication, New Delhi.
1. Musgrave, Richard A. (1959), Theory of Public Finane, McGraw Hill, Kognakhusa, Tokyo. 2. Musgrave, R. A. and P. B. Musgrave, 1980, Public Finance in Theory and Practice, McGraw Hill, Kogakusha, Tokyo. 3. Dalton, Huge, Principles of Public Finance, 1971, Rontledge and Hegan Paul Limited, London. 4. Herber, B. P., Modern Public Finance, 1976, Richard D Iruin, Homewood. 5. Datt., Ruddar and K.P.M. Sundaram, Indian Economy, 2001, S. Chand & Company Limited, New Delhi. 6. Ganguly S., Public Finance, 1999, The World Press Private Ltd. Calcutta. 7. Andley and Sundaram, Public Finance, Latest edition, Ratan Prakashan, Agra. 8. Mithani, D. M.; (1998), Modern Public Finance, Himalaya Publishing House, Mumbai.