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  • Public Expenditure: Essence, Purpose, Effects and Classification

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    Rukon Zaman
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    Public expenditure can be classified into government consumption expenditure, government investment expenditure, and transfers. It forms aggregate demand and circulates in the income-expenditure economy. Factors like Wagner's law, displacement effects, social and demographic shifts, inflation, technology, and politics influence public spending levels over time. The impacts of public expenditure are analyzed through microeconomic lenses like income effects, substitution effects, and by identifying who ultimately benefits in the short and long-run from a supply-side or demand-side perspective.

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    IT is a slide show on public expenditure

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    Public expenditure

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    Public expenditure can be classified into government consumption expenditure, government investment expenditure, and transfers. It forms aggregate demand and circulates in the income-expenditure economy. Factors like Wagner's law, displacement effects, social and demographic shifts, inflation, technology, and politics influence public spending levels over time. The impacts of public expenditure are analyzed through microeconomic lenses like income effects, substitution effects, and by identifying who ultimately benefits in the short and long-run from a supply-side or demand-side perspective.

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    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
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    9 views5 pages

    Public Expenditure: Essence, Purpose, Effects and Classification

    Uploaded by

    Rukon Zaman
    Public expenditure can be classified into government consumption expenditure, government investment expenditure, and transfers. It forms aggregate demand and circulates in the income-expenditure economy. Factors like Wagner's law, displacement effects, social and demographic shifts, inflation, technology, and politics influence public spending levels over time. The impacts of public expenditure are analyzed through microeconomic lenses like income effects, substitution effects, and by identifying who ultimately benefits in the short and long-run from a supply-side or demand-side perspective.

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    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
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    of 5

    Public Expenditure

    Sheikh Jafar Emran


    Public Expenditure
    • Essence
    • Purpose
    • Volume
    • Resources
    • Effect
    Classification of Public Expenditure
    • Government Expenditure(G)
    1. Consumption Expenditure(CG)
    2. Investment Expenditure(IG)
    • Transfer(Tr)/Negative taxes
    Macroeconomic Relations
    • Income-expenditure circulation
    • Forming Aggregate Demand(AD)
    Wagner’s law
    Displacement effect
    Social and Demographic factors
    Inflation tendency and higher cost of services
    Technological changes
    Political interest and influence
    Variation of Effect/Impact
    • Microeconomic Relations
    Income Effect
    Substitution Effect
    Actual recipient of Public Expenditure
    Short run-Supply Side
    Long run-Demand Side

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