LOCAL GOVERNMENT FINANCE AND MANAGEMENT | Makerere University Courses

Course Code:

COX 4130

Course Credit Units:

3

Semester:

Semester 1

Year of Study:

Year 4

Undergraduate or Graduate Level:

Undergraduate Level

Academic Programs:

Bachelor Of Commerce External

College:

College of Business and Management Sciences

School:

School of Business

Course Description & Objectives:

The course covers all aspects of Local Government finance and accounting such as Local Government finance, capital investment decision in local authorities, decentralization, and accounting for Government grants. Objectives of the course are to:

Appreciate the need for application of fiscal decentralization, resource mobilization, and establishment of local revenue systems.
Analyze policy and administrative options related to the major revenue sources available to local government and intergovernmental grant options.
Design fiscal decentralization strategies, and enact management changes needed to understand the theory and practice of public finance and administration as applied to issues of local government finance.

Learning Outcomes:

Upon completion of this course, students will be able to complete the following key tasks:

Describe the portfolio management policy and determination of a portfolio management policy,
Discuss the relationship between risk and return especially for a two- asset portfolio
Describe operations of financial and capital markets
Discuss the theory of efficient market hypothesis

Carry out an environmental and situational analysis