View Economics View All Subject Public Economics Topic-Wise Notes Public Economics and Public Goods 1. Public Finance & Shift to Public Economics 2. Major Fiscal Functions 3. Allocation of Resources between Public & Private Goods: Samuelson's Pure Theory of Public Goods (Partial & General Equilibrium Analysis), Principle of Maximum Social Advantage Public Expenditure 1. Principles and Effects of Public Expenditure 2. Hypothesis of Public Expenditure: Hypothesis of Public Expenditure( Wagner, Peacock-Wiseman and Colin Clark 3. Causes, Pattern and Growth of Public Expenditure in India Public Revenue 1. Tax Revenue and Non-Tax Revenue 2. Classification of Taxation - Benefits Principles (Bowen & Lindahl Model) 3. Ability to Pay Principle 4. Incidence and Shifting of Taxation 5. Theories of Tax Shifting 6. Laffer Curve 7. Composition of Taxes by Levels of Government Public Debt and Public Budget 1. Public Debt Vs Private Debt 2. Sources of Public Debt, Burden of Public Debt, Repayment of Public Debt 3. Concept & Implications of Deficit Financing 4. Consolidation and Corrective Measures - FRBM Act 5. Budgetary Procedure in India Fiscal Federalism 1. Principles of Federal Finance 2. Major issues in Centre-State Financial Relation in India 3. Transfer of Grants: Types of Grants 4. Finance Commission 5. Co-operative Federalism 6. NITI Aayog Subjective Q&A Public Economics and Public Goods 1. Public Finance & Shift to Public Economics 2. Major Fiscal Functions 3. Allocation of Resources between Public & Private Goods: Samuelson's Pure Theory of Public Goods (Partial & General Equilibrium Analysis), Principle of Maximum Social Advantage Public Expenditure 1. Principles and Effects of Public Expenditure 2. Hypothesis of Public Expenditure: Hypothesis of Public Expenditure( Wagner, Peacock-Wiseman and Colin Clark 3. Causes, Pattern and Growth of Public Expenditure in India Public Revenue 1. Tax Revenue and Non-Tax Revenue 2. Classification of Taxation - Benefits Principles (Bowen & Lindahl Model) 3. Ability to Pay Principle 4. Incidence and Shifting of Taxation 5. Theories of Tax Shifting 6. Laffer Curve 7. Composition of Taxes by Levels of Government Public Debt and Public Budget 1. Public Debt Vs Private Debt 2. Sources of Public Debt, Burden of Public Debt, Repayment of Public Debt 3. Concept & Implications of Deficit Financing 4. Consolidation and Corrective Measures - FRBM Act 5. Budgetary Procedure in India Fiscal Federalism 1. Principles of Federal Finance 2. Major issues in Centre-State Financial Relation in India 3. Transfer of Grants: Types of Grants 4. Finance Commission 5. Co-operative Federalism 6. NITI Aayog
