Course info

8.  Learning Outcomes

 Knowledge and Understanding

 Having successfully completed the module, students should be able to:

    
to explain budget processing in MTEF.

 cognitive/Intellectual skills/Application of Knowledge

 Having successfully completed the module, students should be able to:

i.     Explain Canons of public finance.

 Communication/ICT/Numeracy/Analytic Techniques/Practical Skills

Having successfully completed the module, students should be able to:

    i.Justify measures taken in regards to public finance.

        General transferable  skills

 Having successfully completed the module, students should be able to:

 i.Understand the language of public finance.

           9.Indicative Content

 Definition, scope, characteristics, and importance of public finance,Main objectives of public finance, fiscal operations of the government, meaning of fiscal policy, , objectives and fiscal instruments ,

ernment revenue;  canons and characteristics of tax system, taxable capacity, tax revenues and tax rate, laffer curve, the principle of maximum social advantage, The canons of public expenditure; the effects ; Wagner’s law and Welfare state,The role of public expenditure in stabilization of national, Government expenditure theories, models and programmes, Public goods and social cost benefit analysis, effects of taxation on the economy, Rwanda perspective on public finance.