The purpose of the course is to introduce students to the general principles underlying the role of the government in the provision of social or public goods. This course discusses the functions of public and business finance in Kenya fiscal institutions, the theory of private and public goods, fiscal expenditures and growth over time, public expenditure valuation methods including cost-benefit analysis, the structure of government revenue, taxation and tax system in Kenya, principles of taxation, types of taxes, merits and demerits, tax incidence and tax burden, the economics of public debt, government budget and budget process and working capital management