This course aims to provide students with the opportunity to discuss the complex theoretical and empirical issues and problems of public finance. Public finance is that subfield of economics that deals with the effects of government policy (in particular taxing of economic agents, spending of social resources to meet specific objectives, and financing of government debt) upon the overall economic, social, and institutional environment of a particular nation. Government policies are not like those of corporations or any other private institution of a society. Governments have unusual power, in that government has final say about the rules of contracts, resource allocation, and all manner of other social behaviors.
Fiscal management emphasizes on the detailed examination of the basic components of budgeting and fiscal management, as applied in public organizations. Topics covered include elements of the planning-control continuum, revenue and expenditure analyses in the public sector, cash management and investment strategies, fiscal analysis and planning techniques, the budget as a mechanism for planning and control, government responsibility for capital facilities planning, techniques of financial and managerial/cost accounting, development of fiscal management information and performance evaluation systems. The major tasks of fiscal planning and management will be simulated through a series of case studies and scenarios.
- Teacher: MONALOUFEL JASMIN
- Enrolled students: 7