Lecture note 1 public finance monetary economics econ344. Students in public finance are expected to read and annotate my lecture. Introduction a student applying for student loans is investing in his or her human capital. April 2000 march 2002 487 chapter public finance 1. View notes eae3 notes from eae 3 at kenyatta university.
Introduction to public finance download book free book centre. Eae3 notes public finance introduction lecture one. Public finance is the term, which has traditionally been used or applied to the packages of. Before we begin with the public finance, we would like to point out the major functions of a modern government. An individual cannot print his her own currency note to be acceptable in the market. Doc bus 8237 public finance lecture notes kabir hamid tahir. Download introduction to public finance download free online book chm pdf. This introduction to public finance is intended to be an elementary textbook. Public finance is that branch of general economics which deals with financial activities of the state or government at national, state and local levels. I do mostly public, but mixed with labor, macro, and some political economy. Introduction to public finance institute for social and economic.
Its the field of economics concerned with how the government raises money, how that money is spent, and the effects of these activities on the economy and on the society. Chapter 1 introduction to finance 15 to make sound. It is a study of income and expenditure of central. Nber working papers 19752018 tagged public economics 4676 papers. The purpose of this course is to provide an introduction to the theory and practice. Introduction as part of public finance, the budget allocation process is key to the governments roles of allocation, redistribution of resources, and economic stabilisation. On this page you can read or download public finance lecture notes n6 pdf in pdf format.
Introduction to public finance market failure, public goods and externalities income distribution and welfare macroeconomic stabilization, regulatory and control role topic 2 government revenues factors influencing the size of the government revenues the size, the composition and the dynamic of government revenues in ro and. Day 1 lecture 1 introduction lecture 2 macroscopic modeling lecture 3 mixed modeling workshop 1 the pagano. Typically, the income ofastudent isnotlargeenoughtocover living expenses, books etc. Public finance definition and scope public finance is the study of the role of the government in the economy due to the increased activities of the state.