'''Public finance and budget public finance introduction- Activity 1.'''

Activity - Discussion of objectives of public finance

Estimated Time

One period

Multimedia resources

Introduction to public finance, a presentation

Relevant local connections - people, places and materials

Discuss the topic with parents

Website interactives/ links

Karnataka state budget for the year 2013-14

Karnataka state budget 2014-15

Process

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

1. Why does an economy need public finance?
2. 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

Activity keywords

To link back to the concept page To link back to the concept page