Part A : Public Finance

1. Meaning and Scope of Public Finance 2. Public Goods Vs. Private Goods 3. The Principle of Maximum Social Advantages, 4. Market Failures and Role of Government 5. Public Expenditure : Meaning, Classification and Principles 6. Public Expenditure in India 7. Sources of Public Revenue : Canons of Taxation and Characteristics of Good Tax System 8. Taxation : Nature, Objective and Structure (Classification) 9. Benefit and Ability to Pay Principle of Taxation 10. Impact and Incidence of Tax 11. Taxable Capacity 12. Effects of Taxation on Economy 13. Sources of Revenue of Central Government 14. Sources of Revenue of State Governments 15. Public Debts : Classification, Sources and Effects 16. Redemption of Public Debts 17. Kinds of Public Budget 18. Preparation and Passing of Budget in India 19. Normative Approach and Theory of Fiscal Policy 20. Public Deficit : Concept and Alternative Measurement 21. Principle of Budget Planning or Fiscal Policy22. Fiscal Policy and Economic Development 23. Public Debt Management 24. Fiscal Federalism in India and Finance Commission 25. Features of Indian Tax System and Reforms 26. Deficit Financing.

Part B : History of Economic Thought

UNIT - I Early Period

1. Mercantilism 2.The Psysiocracy

UNIT - II The Classical Tradition

3.Adam Smith, 4. Thomas Robert Malthus, 5. David Ricardo, 6. Karl Marx, 

UNIT - III The Marginalist School

7.William Stanley Jevons, 8. Walras, 9. Marshall, 10. Arther Cecil Pigou, 

UNIT - IV Indian Economic Thoughts

11.Kautilya, 12. J. B. Say, 13. Mahatma Gandhi, 14. Amartya Sen.