Introduction to Public Finance: – Definitions and scope of public finance – Objectives and functions of public finance
Public Revenue: – Taxation principles and types of taxes – Tax administration and policy – Non-tax revenue sources (e.g., fees, fines, grants)
Public Expenditure: – Budgeting process and principles – Expenditure classification and control – Public procurement and contracting
Fiscal Policy: – Role of fiscal policy in economic stabilization – Budget deficits and debt management – Fiscal federalism and intergovernmental fiscal relations
Financial Management and Reporting: – Financial management principles for public organizations – Financial reporting standards and practices – Auditing and accountability in public finance
Public Investment Management: – Capital budgeting and project evaluation – Public-private partnerships (PPPs) and infrastructure finance – Risk assessment and management in public investments
Governance and Ethics: – Ethical considerations in public finance management – Transparency, accountability, and anti-corruption measures – Institutional frameworks for good governance
Case Studies and Practical Applications: – Analysis of real-world public finance issues
Simulation exercises and group projects
Policy analysis and recommendationsThese topics provide a foundation for understanding the principles and practices of public finance management.
Depending on the program, there may be additional electives or specialized courses focusing on areas such as international public finance, environmental finance, or social welfare policy.
