- Public finance overview
Course description:
Conduct basics of public finance overview, theory, and practice. The training provides a political-economic analysis of the federal government. Modern democratic governments directly control more than a third of gross national product (GDP) and influence much of the rest through their fiscal and regulatory policies. In analyzing the public sector, we note that the public sector economics is different from the private sector. In private sector economics, or market economy, each person makes her choice; in public sector economics, one choice applies for all.
Learning outcome
On successful completion of this module, the trainee will be able to:
* To enable the trainee to understand the basics of public finance.
To Identify the Critical point objectives of all five major components of PF (Tax revenue, expenditure controls, national budget, national debt, and deficit/surplus). This is first-class before joining the Public finance certification program.
- Public economics: Two weeks
This course provides students with the knowledge required to understand government operations in relation to the market economy. In the theory of supply and demand, students explore the pricing mechanism, price elasticity, and the effects of price controls on markets.
Efficiency is examined in connection with the competition and again in connection with equity, and market failure is considered as a reason for government intervention. Cost-benefit analysis is examined in the context of selecting among public investment alternatives. The course also assists students in addressing issues connected with local public goods and economic development.
- Economic principles of public policy: Two weeks
This course will introduce students to key economic concepts such as scarcity, efficiency, monopolies and cost-benefit. Students will practice applying these principles to the range of decisions that public sector executives have to make in order to understand the trade-offs inherent in any public policy or program.
- Critical issues of public finance: Two Days
The Course, Critical Issues in Public Finance will consider contemporary issues affecting the fiscal state of local governments. Covered will be issues that have distressed municipalities; the policies/initiatives that seek to rectify such including privatization/public-private partnerships; reformation of municipal finance reforms; sustainable education funding alternatives; and tax policies aimed at promoting economic growth
Course Features
- Lectures 0
- Quizzes 0
- Duration 4 weeks
- Skill level All levels
- Students 0
- Certificate Yes
- Assessments Yes
