Credit Hours: 3 hours Course Instructor: Prerequisites: None Course

Credit Hours: 3 hours Course Instructor: Prerequisites: None Course

PUAD 6305 - ADMINISTRATION AND FISCAL POLICY
Credit Hours: 3 hours
Course Instructor:
Prerequisites: None
Course Objectives in relation to total curriculum
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The course will enable students to:
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Be familiarized with the relationship between economy and government action
Know the relationship between government action and individual and institutional
behavior
Reflect on the issues of transparency and accountability as they relate to the
budgeting process.
Understand the logic behind budgeting processes
Demonstrate ability to formulate and prove a hypothesis based on an analysis of
different socioeconomic variables.
Course Description
The process of planning, executing, and controlling government policies and financial programs.
Financial administration at local and state levels, and relationship to federal government. Financial
organization; budgetary procedures; government accounting; public debt; pre- and postintervention; appraisal and levying of taxes; administration of retirement funds; public debt;
federal aid.
Mayor Topics
The role of the state in market economy: the relationship between state activities and economy:
allowance, distribution, and stabilization. Managing demand – How does the magnitude of
aggregate demand affect the state? Why is this important? Managing supply – How does aggregate
supply affect the state? Why is this important? The process of budgeting – What constitutes “good
budgeting”? How is it measured? Budget and politics – relationship between technical and
political aspects. Classification and criteria. Public income: tax system, public debt, transfers.
Typical Texts and Readings
Balaguer Puig, Marc (2015). Principios de igualdad y mecanismos de asignación de recursos:
relevancia para el análisis de las políticas públicas. Revista Reforma y Democracia. No.
62.
Baumohl, Bernard (2015). The Secrets of Economic Indicators. New Jersey: Pearson.
Chen, Greg; Weikart, Lynee (2015). Budget Tools: financial methods in the Public Sector.
Thousand Oaks, CQ Press.
Gruber, Jonathan (2013). Public Finance and Public Policy. Part 1. New York: Worth Publishers.
Hyman, David H. (2014). Government Subsidies and Income Support for the Poor. In Public
Finance: A Contemporary Application of Theory to Policy. Connecticut: Cengage
Learning.
Interamerican Development Bank (2013). The Fiscal Institutions of Tomorrow. Washington,
DC: IDB. https://publications.iadb.org/handle/11319/390
John Forrester. The principal-agent model and budget theory, John Bartle (2001), Fiscal
Decentralization and Fiscal Disparity
Mikesell, John L. (2014) Fiscal Administration:Analysis and Applications for the Public Sector
(9th ed). Boston: Wadsworth.
Oficina de Gerencia y Presupuesto (2015-16). Documento de Presupuesto.
Pimenta, Carlos, Pessoa, Mario, Editores. (2015). Gestión financiera pública en América Latina:
la clave de la eficiencia y la transparencia. Washington, DC: Banco Interamericano de
Desarrollo. https://publications.iadb.org/handle/11319/7123
Pomales F. y C. Ramos de Pomales, Trayectoria histórica del desarrollo presupuestario en los
Estados Unidos y Puerto Rico
Russon Gilman, Hollie (2016). Democracy Reinvented: Participatory Budgeting and Civic
Innovation in America. Washington, DC: Brookings Institution Press.
Swain, John W.; Reed, B.J. (2010). Budgeting for Public Managers. New York: M.E. Sharpe.
Thomas and Cynthia Lynch. Philosophy, public budgeting, and the information age. Khan and
Hildreth (2002)
United Nations, World Economic Situation and Prospects 2015.
http://www.un.org/en/development/desa/policy/wesp/wesp_archive/2015wesp_full_en.pd
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Wolrd Bank (2010). Impact Evaluation in Practice.
http://elibrary.worldbank.org/doi/abs/10.1596/978-0-8213-8541-8
Yifu Lin, Justin (2009). Economic Development and Structural Change. The World Bank.
http://siteresources.worldbank.org/DEC/Resources/CairoSpeech.pdf