There are different subject matters of public finance, which are as follow,
1.Public revenue:
Government revenue is one of the major component of public finance. It refers to the income or receipt of the government under this branch, we study the varies sources of public revenue along with the principles of public revenue. Here we also study how the government collect the revenue and what method government uses to collect the revenue.
2.Public Debt:
The government of a nation may take loan for various purposes from internal sources as well as external sources. Here we study the various sources of borrowing as well as the methods of public debt management. Here we also study the burden and incident of public debt as well as the various methods or redemption of public debt.
3.Public Expenditure:
Public expenditure is another important branch of public finance. It refers to the expenditure by the government in different sectors of economy. Here we study the various principles of public expenditures along with the effects of the public expenditure on different sectors of economy.
4.Financial Administration:
It refers to the management and administration of various fiscal instruments of the government to induce study economic growth in the country. Here we study how the financial mechanism is organize and administered by the government.
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