Question

What is public finance? Discuss its scope

Answer 1

The word public refers to general people and the word finance means resources.So public finance means resources of the masses,how they are collected and utilized.Thus, Public Finance is the branch of economics that studies the taxing and spending activities of government.The discipline of public finance describes 

Answer 2

here's your answer

Public finance is the study of the role of the government in the economy.[1] It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones.

here your scope
The Scope of Public Finance: The scope of public finance is not just to study the composition of publicrevenue and public expenditure. It covers a full discussion of theinfluence of government fiscal operations on the level of overall activity, employment, prices and growth process of the economic system as a whole.
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