Overview
Aims
To acquire fundamental knowledge about the Romanian budget system and its importance for the economy;
To acquire abilities for using concepts, methods, tools and techniques specific for the budget system;
To understand the role, organization and operations of the public treasury.
Course contents
1. Distinctions about public budgets and budgeting. 2. The public sector and its importance. 3. The budget system (emphasis on Romanian case) 4. The budget process – general aspects 5. Budget formats and budget preparation 6. Budget approval: The role of the Parliament 7. Managing budget execution and control 8. Intergovernmental relations (special view on Romanian case) 9. Public deficit, debt and debt management 10. Municipal bonds 11. Public Treasury and its role on budget policy
Learning outcomes
To analyze critically the state influence through budgeting system; The abilities to develop plans and public budgets
Assessment
Exam – 60%; verification during semester (project) – 40%.