First lecture outlines theoretical background of fiscal policy and describes basic fiscal indicators related to budget balance. The second lecture explains recent tendencies in public debt in advanced countries, possibilities how to stabilize/reduce debt burden and outlines various forms of institutions in fiscal policy.

Reference textbook:

Bénassy-Quéré, A. et al. Economic Policy : Theory and practise. Oxford University Press, 2010. Chap. 3

Further reading:

Debate among "consolidators versus stimulators", see e.g. https://wwww.dailynewssegypt.com/2010/07/21/consolidators-versus-stimulators/ , https://www.economist.com/economics-brief/2016/08/11/where-does-the-buck-stop , https://www.economist.com/schools-brief/2013/09/28/sovereign-doubts