1. Public Finance — Meaning, Nature, Scope, Importance and Difference Between Private and Public Finance, 2. Private Goods and Public Goods, 3. Principle or Doctrine of Maximum Social Advantage, 4. Government budget—preparation and classification, 5. Sources of public revenue, 6. Taxation, 7. Satisfaction of Public wants—the Benefit Approach— The Ability to Pay Approach, 8. Incidence, Impact and Shifting of Tax, 9. Effects of Taxation, 10. Theories of Increase in Public Expenditure, 11. Classification of Public Expenditure, 12. Effects of Public Expenditure on Production and Distribution, 13. Public Debt–Classification, Effects, Burden, Repayment and Management, 14. Fiscal Policy : Stability and Economic Growth, 15. Indian Public Finance : Sources of Income-Expenditure of Central Government, 16. Main Sources of Income and Expenditure of State Governments, 17. Indian Tax System, 18. Public Expenditure in India, 19. Indian Federal Finance, 20. Comparative Cost Theory and Opportunity Cost Theory of International Trade, 21. Reciprocal Demand Analysis, 22. Terms of Trade, 23. Free Trade and Protection, 24. Tariffs and Non-Tariffs Methods, 25. Balance of Payments : Concept, Importance, Causes of Disequilibrium and Policies to Reform of Balance of Payments, 26. Foreign Trade of India  and Foreign Trade Policy.