PA 5305: Public Finance and Budgeting

Description

Students will demonstrate both knowledge and comprehension of the foundational theories and methodological tools used in public finance and budgeting. Students will apply their knowledge and comprehension and make use of finance and budgeting methodological tools, such as cost-benefit and cost-effectiveness analysis in the application of finance and budgetary theory to practice, create, and oversee public sector fiscal processes. Students will evaluate a real budget and identify important budget items that public managers must consider in preparation and presentation of a budget. The usefulness of finance and budgeting theoretical constructs and methodological tools will be applied to solve real-world public finance and budgetary case studies.

Outcomes

1. Assess the relationship of historical and contemporary finance-budgeting theory to real-world public administration issues.
2. Discuss the ethical implications on the budget process at the federal, state, and local levels.
3. Compare contemporary financial management practices at the federal, state, and local levels.
4. Identify political factors that influence and determine financial management practice in the public arena.
5. Evaluate a model budget.
6. Consider the impact of citizen influence on the budgetary process at various levels of governance.
7. Describe the impact of budgetary deficiencies on public agencies.
8. Apply practical methods to reconstructing finance and budgeting techniques.

Prerequisites

1. ORG 5000

Textbook(s)

* Disclaimer: Textbooks listed are based on the last open revision of the course. Prior revisions and future revisions may use different textbooks. To verify textbook information, view the course syllabus or contact Student Services at students@waldorf.edu