JAMB Economics · Section 5

Public Finance

Section E: Public Finance and Economic Development

Content items
8content items
Objectives
8objectives
Section topics
2section topics

Syllabus content and objectives

Official JAMB Economics outline · Section E: Public Finance and Economic Development

Content

Meaning and objectives of public finance.

Objective

Identify the objectives of public finance.

Content

Fiscal policy and its instruments.

Objective

Explain fiscal policy and its instruments.

Content

Sources of government revenue, including taxes, royalties, rents, grants, and aid.

Objective

Compare the various sources of government revenue.

Content

Principles of taxation.

Objective

Analyse the principles of taxation.

Content

Tax incidence and its effects.

Objective

Analyse the incidence of taxation and its effects.

Content

Effects of public expenditure on the economy.

Objective

Examine the effects of public expenditure on the economy.

Content

Government budgets and public debts.

Objective

Examine the types of budgets and their effects.

Content

Revenue allocation and resource control in Nigeria.

Objective

Highlight the criteria for revenue allocation in Nigeria and assess their impact.

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