Public Finance - Course Outline

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Course Title : Public Finance

Course Description : The integration of tile implementation of fiscal policies in public finance,
fiscal administration, and revenue management; with special attention to
taxation and revenue administration, governmental budgeting, theoretical
considerations on the design of tax system, and the determination of the
size of the public sector.
References : Philippine Public Finance 2005, Eduardo Z. Romualdez, Angel O.
Yoingco Aotoneo, Antonio O. Casem JR.; Updated Budget Operations
Manual, Department of Budget and Management. June 2005; Treasury
Operations Manual, Bureau of Local Government Finance; National
Internal Revenue Code.

Week 1 Briefing and Overview


I. Introduction to Fiscal
Administration
1. Definition
2. Sectors: Public and Private,
their Roles in Economic
System
3. Development of Public
finance Theories of Fiscal
Policies
4. Development of Public
Finance: Issues and Problems
5. Constitutional and Legal
Framework of Public Finance
Week 2 II. Taxation and Revenue
Operations 1. Taxation
2. Patterns of Revenue
3. Tax Structure Change During
Development
4. The Philippine Tax Structure
5.The Philippine Tax
Performance
6. Problems and Issues in
Taxation and Revenue
Administration
Week 3 III. Government Budgeting
1. Introduction - Budget Cycle
2. Orientation in Budgeting
3. Line-Item Budgeting
4. Performance Budgeting
5. Planning, Programming and
Budgeting System
6. Zero base Budgeting
7. Issues and Problems
Week 4 IV. Public Debt Management
(Sovereign Debt)
1. Theories in Public
Borrowings
2. Global Finance Structures:
Impact on the Philippine
External Debt
3. System for Public Debt
Management
4. The Bureau of Treasury and
the Management of the
National treasury
5. Bangko Sentral ng Pilipinas
6. The Impact of External Debt
and Adjustment Policies on
the Realization of the right
to Development as a Human
Right

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