Prerequisite: MAT 540
Examines key financial institutions, processes and techniques relatingto public budgeting, revenue and expenditure. Covers analyticaltechniques appropriate for the analysis of revenue, spending anddebt issuance. Reviews stages of the budget process and relatedactors and analytical techniques using the federal budget process asa case study. Discusses performance-laden budget reforms,governmental accounting, debt management, and financial reporting.Reviews principles of taxation and evaluates major sources of revenueand their significance.