Prerequisites: 90-736, Public Finance This is a companion course to Public Finance, 90-736, and is designed to deal with the expenditure side of the public sector budget in a series of modules. It has been conceptualized as a blending of private finance and public expenditure principles. The course is divided into 3 modules. In Module 1, the course develops the essential techniques of private sector evaluation principles. In Module 2, special problems which arise in the evaluation of public sector projects are discussed; a variety of evaluation techniques and applications especially suited to public sector projects are then examined. In Module 3, evaluation at a high level of aggregation is dealt with through the use of generational accounting and macro-economic models. These models are examples of aggregate long and short-term public evaluation problem areas typically dealt with by national governments.
