Why Finance: the best answer to this classic interview question Finance interviewing season is here and whether you're applying for an analyst at an investment bank, or you are already in your finance career, this is the one question you need to know for every interview you will ever go on. Public finance originated under conditions of regular commodity-money exchange as a result of the development of the state and the state’s requirement for resources. Finance describes the management, creation and study of money, banking, credit, investments, assets and liabilities that make up financial systems, as well as the study … Outline 1.1 Basic concepts, ties and aspects 1.2 Linkages to economy of public sector 1.3 Public finance – causes of development 1.4 Development of fiscal theory . Public finance is the study of the role of the government in the economy. At graduate level, accounting and finance degrees become even more popular, with as much as 25 percent of all full-time postgraduate students in the UK enrolled on a FAME-related program. ), Oxford University Press, to which frequent reference is made in parts 1 and 2. This course is not based on a single text. the study of public finance has important political and administrative dimensions that have . It is the branch of economics that 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. Why study accounting or finance at graduate level? Study time requirements Approximately 2–3 hours. ... to public finance in developing countries. Students are, however, encouraged to purchase Jonathan Gruber (2011) Public Finance and Public Policy, 3 rd edition, Worth Publishers, which is used throughout the course, and perhaps also Nicholas Barr (2012) The Economics of the Welfare State, (5th ed. Revenue analysis and prescription needs to be . Public Finance the aggregate of economic relationships arising from the creation and use of centralized and decentralized monetary resources.

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