FIN350 Discussion 8. Principles of Public Finance

Public Finance
Name
Institution
Public Finance
Public finance is the study of the government’s expenditure and revenue in all government offices. During this course, my view on federal funding has shifted, and my economics understanding has invoked new thoughts and ideas. I have learned that the government is at the helm of distributing all the revenues received from citizens and other sources to the various public offices to serve the people in that country. Contrastingly, there is less done by the municipal officers to help the people as they deserve. I have understood why business people are always complaining in various states; it is because of the lack of proper public finance management.
There are three main concepts that I have picked from this session, which are vital in my public finance understanding. Public finance involves the allocation ...