Nalanda University situated at Nananda, in Bihar is counted among the most prestigious universities all around the Globe. This university of eastern India provides a huge scope of learning both for graduate and under graduate students and attracts candidates form different parts of the world. They provide one of the best groups of faculties along with blissful infrastructure and very good placement opportunities to the students.

Paper Description:

Economics is that part of social science which deals with the production, consumption and distribution of materials and services. Public economics is a very important part of economics with focuses on acquiring knowledge on government policies and dealing with various norms of these policies. Standing on the frame work of welfare economics, public economics is used to upgrade social welfare.

Frequently asked questions:

There are very few questions that repeat it selves every year, as it covers a vast syllabus. But there are few important topics which should be taken care of. Some of these are;

Questions come on economical and social goals of public policies.

Brief description on public debt, fiscal policy of the developing country, etc;

What are the areas of economic activities of the government?

Distinguish between classical and modern theory of budget.

How utilize revenue sources for the well fare of publics or social welfares.

Discuss different act on public and government policies.

What is the role of authority in Public economics?

All these are few probable questions and some important topics.

Paper Pattern:

M.A in Economics-Part II-Public Economics (Paper XIV) Papers of Nalanda Open University is a single sectional subjective type paper. The paper comprises of only essay type questions and short notes. The paper consists of ten questions from which one have to attend five, in order to attempt full marks of the paper. There are options even in the short note section. The paper holds a total of 70 marks, where marks allotted to each question are same. The questions may or may not be having sub parts. The time given to complete the paper is 3 hours.

Recommended books:

• Modern Public Economics by Raghbendra Jha
• A Course in Public Economics by John Leach