Public Budgets and Financial Management (PPMN90033)
Graduate courseworkPoints: 12.5Online
Overview
| Availability | Semester 2 - Online |
|---|---|
| Fees | Look up fees |
Public sector budget frameworks are premised on efficiency, effectiveness and the ethical use of taxpayer’s money. This subject considers how public managers and ministers work within these frameworks to balance at times competing objectives and political undercurrents, including accountability under legislation, the legislative committee process, and the audit process. The focus is on OECD countries and trends in budget and spending review cycles, the empowerment of finance ministries and audit institutions, the adoption of private sector practices, fiscal rules and principles, and intergenerational equity. In managing public expenditure this subject examines the design of tax and social welfare systems, how budgets are political and the interplay between governments and capital markets.
Intended learning outcomes
On successful completion of this subject, students should have:
- be able to explain how government is financed;
- be able to deconstruct and evaluate the macroeconomic framework underpinning public policy;
- be able to assess and critique different accountability and political processes;
- be able to identify, examine and appraise different budget models; and
- be able to design budget statements.
Generic skills
- be able to apply research skills and critical methods.
- be able to develop persuasive arguments.
- able to communicate oral and written arguments and ideas effectively.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
None
Corequisites
None
Non-allowed subjects
None
Recommended background knowledge
Political Science at Undergraduate level
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- 1,500-word budget paper (30%) due early in the semester.
- 1,500-word budget paper (30%) due mid-semester.
- 2,000-word budget paper (40%) due in the examination period.
Last updated: 3 November 2022
Dates & times
- Semester 2 - Online
Principal coordinator Scott Brenton Mode of delivery Online Contact hours 2 hours of online seminars per week for 12 weeks. Online seminars include recorded lectures and participatory activities. Total time commitment 170 hours Teaching period 24 July 2017 to 22 October 2017 Last self-enrol date 4 August 2017 Census date 31 August 2017 Last date to withdraw without fail 22 September 2017 Assessment period ends 17 November 2017 Semester 2 contact information
Time commitment details
170 hours
Additional delivery details
Entry into the Master of Public Policy and Management.
Last updated: 3 November 2022
Further information
- Texts
- Related Handbook entries
This subject contributes to the following:
Type Name Informal specialisation PD-ARTS Public Policy and Management Informal specialisation 150 Point Master of Public Policy and Management Informal specialisation 200 Point Master of Public Policy and Management Informal specialisation 100 Point Master of Public Policy and Management Informal specialisation Graduate Certificate in Arts (Advanced) - Public Policy and Management Specialisation (formal) Public Policy and Management Specialisation (formal) Public Policy and Management Informal specialisation Graduate Diploma in Arts (Advanced) - Public Policy and Management - Links to additional information
Last updated: 3 November 2022