'''Public finance and budget public finance introduction- Activity 1.'''
Activity - Discussion of objectives of public finance
Materials/ Resources needed
Prerequisites/Instructions, if any
Relevant local connections - people, places and materials
Discuss the topic with parents
Karnataka state budget for the year 2013-14
Students can be divided into teams and each team can study the reasons for public financing, one could be based on the nature of finance - allocation, distribution and stabilisation. Students can also find information on current practices on these three aspects in the Karnataka State Budget. The videos of discussions on national budgets can provide diverse and conflicting opinions of different goals of public finance
What questions can you ask
- Why does an economy need public finance?
- In what ways does the state government perform 'distribution' through public finance?
Evaluation – (questions for assessment of the child)
The presentation by the student teams and discussions can help assess their understanding of the goals of public finance. All students must have the chance to speak and share their ideas
To link back to the concept page To link back to the concept page