Economic decisions made by governments influence every aspect of society—from taxation and public expenditure to economic growth, social welfare, and sustainable development. Economics of Public Finance offers a comprehensive and practical underst...

Economic decisions made by governments influence every aspect of society—from taxation and public expenditure to economic growth, social welfare, and sustainable development. Economics of Public Finance offers a comprehensive and practical understanding of the principles that govern the financial activities of the public sector.Written in a clear and systematic manner, this book explains the core concepts of public finance, including public revenue, taxation, government budgeting, fiscal policy, public debt, fiscal federalism, and the role of government in promoting economic stability and inclusive growth. It also examines contemporary issues such as the Goods and Services Tax (GST), digital public finance, public-private partnerships, and emerging fiscal challenges in both developing and developed economies.Designed for undergraduate and postgraduate students, competitive examination aspirants, educators, researchers, and policy enthusiasts, this book combines theoretical foundations with practical examples, case studies, and current policy perspectives to make learning meaningful and relevant.Whether you are studying economics, preparing for civil services, or seeking to understand how governments manage public resources, Economics of Public Finance serves as a reliable guide to one of the most significant branches of economic science.