B.COM SYLLABUS -MONEY AND PUBLIC FINANCE

I B.COM II Semester
C201- Paper: Money and Public Finance 

Chapter 1: Money 10 Hrs 1.1 Nature, Definition and Functions of Money. 1.2 Circular flow of money ñ with Govt. sector and Foreign Sector. 1.3 Measurement of changes in the value of money. 1.4 Index numbers, types, method of construction of price index numbers, difficulties and uses with simple sums. Chapter 2: Public Finance 10 Hrs 
 2.1 Meaning 
 2.2 Difference between Public Finance and Private Finance 
 2.3 Objectives of Public Finance 
 2.4 Components of Public Finance 
 2.5 Public Revenue and Public Expenditure 
 2.6 Role of Public Finance in Developing Economy. 
 Chapter 3: Deficit Financing 10 Hrs 
 3.1 Meaning ñ Role and methods of Deficit Financing 
 3.2 Adverse Effects of Deficit Financing. 
 3.3 Safe Limits and Rating Agencies of Deficit Financing. 
 3.4 Fiscal Policy ñ Objectives, fiscal Policy and Economic Development. Chapter 4: Public Debt 08 Hrs 
 4.1 Meaning ñ Public and Private Debt. 4.2 Types ñ Burden on internal, external, effects of public debt on production, distribution and consumption. 4.3 Redemption methods of public debt. Chapter 5: Government Budget 10 Hrs 5.1 Meaning, Types ñ Revenue and Capital budget ñ Surplus and Deficit budget. 5.2 Economic component of Budget. 5.3 Functional classification of Budget. 5.4 Impact of budget on the economy.


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