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Public financial management: revenue

M405

This module aims to introduce you to the theory and practice of public finance, with special reference to how governments raise and use revenues. It is concerned with taxation, borrowing and aid. There are economic principles that bear on the issues of financing public expenditure and these are covered in the module.

At the same time, however, we recognise that decisions on taxation, borrowing and aid are not taken solely with reference to economics but also to politics, and the module raises relevant political and social issues too. While the module has some emphasis on taxation in poorer countries, they are not its exclusive concern.

Topics covered

  • Unit 1 Introduction to Taxation
  • Unit 2 The Economic Theory of Taxation
  • Unit 3 Public Policy and Taxation
  • Unit 4 Tax Policy Issues in Developing Countries
  • Unit 5 Tax Policy Issues
  • Unit 6 Sub National government Revenues
  • Unit 7 Budget Deficits and National Debts
  • Unit 8 Foreign Aid and Debt Relief

Assessment

  • one three-hour unseen written examination in September/October (70%)
  • two tutor marked assignments (30%)