This course build on the foundation
students were exposed to in public sector economics. It is primarily concerned
with the study of fiscal policies of governments and the role of Central Bank
in their formulation and implication. How to use fiscal policy and taxation to
achieve macroeconomic objective of price stability, growth, full employment and
balance of payment equilibrium are examined. The Nigerian system of income tax Administration- structure and procedures,
returns, assessments, appeal, postponement, collection; with reference to all
necessary legislation. Other topics include: types of taxes,
benefits of taxes, efficiency of taxes, incidence of taxes, theories of tax
shifting, public expenditure and the management of public debt. Fiscal
federalism.
- Lecturer: Monday Ogbeifun