ICSE Class 10 Answered
What is the relationship between public finance and economics?
Asked by Topperlearning User | 27 Apr, 2015, 01:40: PM
Expert Answer
Public finance is considered to be a branch of economics. In the economy, public finance involves raising and spending of funds by the government authorities. The principles of economics are considered in the formulation of policies for the public revenue and public expenditure. Hence, public finance and economics are interrelated.
Answered by | 27 Apr, 2015, 03:40: PM