BPA3101 Local Government Finance

The aim of this course is to introduce the students to the fundamentals of public financial   management   methods   and   processes.   It   also   aims   at encouraging you to acquaint yourself with the nature and scope of public financial management. 

Course Objectives
This course is intended to help students: 

• Appreciate the need for application of fiscal decentralization, resource mobilization, and establishment of local revenue systems.
• Analyze policy and administrative options related to the major revenue sources available to local government and intergovernmental grant options.
• Design fiscal decentralization strategies, and enact management changes needed to understand the theory and practice of public finance and administration as applied to issues of local government finance.

Learning Outcomes 
Upon completion of this course, students will be able to complete the following key tasks: 

• Describe the portfolio management policy and determination of a portfolio management policy,
• Discuss the relationship between risk and return especially for a two- asset portfolio
• Describe operations of financial and capital markets
• Discuss the theory of efficient market hypothesis