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.

 

 


Level of Study: 400 Level