Public Fiscal Management Course Syllabus

Course Description: Public fiscal management is the process of managing public funds and resources to ensure the efficient and effective use of government money. This online course provides an overview of public financial management systems, institutions, and capacity building in developing and emerging economies. Through this course, you will gain the conceptual tools and practical skills needed to analyze, understand and play a role in the public finance sector. Course Objectives:

• Understand the principles of public financial management
• Learn how governments acquire and spend public money
• Gain knowledge about budgeting, revenue policy, financial reporting, and audit compliance
• Develop skills for analyzing public finance data
• Learn how to make informed decisions about resource allocation
• Understand the importance of transparency in public financial management
• Analyze the impact of economic policies on fiscal management
• Explore different approaches to fiscal policy formulation
• Examine case studies related to public financial management
• Develop strategies for improving fiscal performance

Course Description: This course will provide an analysis of the economy as a whole including measurement and determination of Aggregate Demand and Aggregate Supply, national income, inflation, and unemployment. Learners will explore fundamental economic ideas and the operation of the economy on a national scale. Production, distribution, and consumption of goods and services, the exchange process, the role of government, the national income and its distribution, GDP, consumption function, savings function, investment spending, the multiplier principle, and the influence of government spending on income and output. This course takes both a short and long-term view of the economy and aims to help learners understand how modern macroeconomics applies to business cycles, economic growth, unemployment, and money. The course evaluates the scope for policy interventions to improve macroeconomic performance. Course Objectives:

• Become familiar with the range of perspectives and approaches found in macroeconomics
• Demonstrate an understanding of the basic analytical concepts that are essential for understanding the global macroeconomy
• Define and measure national income and rates of unemployment and inflation
• Identify the phases of the business cycle and the problems caused by cyclical fluctuations in the market economy
• Define money and the money supply
• Construct the aggregate demand and aggregate supply model of the macroeconomy and use it to illustrate macroeconomic problems and potential monetary and fiscal policy solutions
• Explain the mechanics and institutions of international trade and their impact on the macroeconomy
• Define economic growth and identify sources of economic growth

 

Finance Course Description: Finance is an essential part of any business, organization, or personal financial planning. This online course covers the fundamentals of finance, including financial statements, financial planning, time value of money, investment decisions, and risk management. You will learn how to analyze financial information and make informed decisions based on financial data. Through interactive lectures, readings, discussions, and assignments, you will develop your financial literacy and enhance your ability to make financial decisions. This course is ideal for students who are interested in pursuing careers in finance, accounting, or business, or anyone who wants to improve their financial knowledge and skills. Course Objectives:  

• Understand the basics of financial statements, including the balance sheet, income statement, and cash flow statement
• Analyze financial statements using ratios, such as liquidity ratios, profitability ratios, and debt ratios
• Understand the time value of money concepts, including present value, future value, and annuities
• Apply financial planning concepts, including budgeting, forecasting, and cash management
• Analyze different investment opportunities, including stocks, bonds, mutual funds, and real estate
• Understand risk and return concepts and apply them to investment decisions
• Evaluate different portfolio theories and diversification methods
• Understand financial derivatives, including options and futures
• Analyze different risk management strategies, including insurance and hedging
• Apply financial analysis techniques to real-world problems and make informed financial decisions