OIC ACCREDITATION CERTIFICATION PROGRAMME FOR OFFICIAL STATISTICS

SYLLABUS

GOVERNMENT FINANCE, FISCAL

AND PUBLIC SECTOR STATISTICS

ORGANISATION OF ISLAMIC COOPERATION

STATISTICAL ECONOMIC AND SOCIAL RESEARCH

AND TRAINING CENTRE FOR ISLAMIC COUNTRIES
1 Syllabus – Government Finance, Fiscal and Public Sector Statistics

TEXTBOOK DESCRIPTION

Title Government Finance, Fiscal and public sector statistics

Prerequisites None
Overview This textbook will familiarize learner with the basic topic of Government
Finance and public sector statistics and ready them for effective
academic and professional practice in the process of statistical research.
Primary topics include Government Revenue, Expenditure, Public Debt
and Social security.
These broad topics have been formed into five units upon which the book
is organised. Each unit builds on the last, ushering learner along a path
from rudimentary exposure to high-level application and analysis.
Required Skills Participants must have Some basic knowledge of macroeconomics.

LEARNING OBJECTIVES

 To develop learners understanding on Government Finance and public sector Statistics.

 To give the learner a clear sense of how Government collect revenue and expense for the
welfare of general public.
 To foster the learner’s theoretic and practical understanding of economic and functional
classification of expenses.
 To familiarize learner with social security and different social security scheme provided by
the Government

CONTENT

The textbook will cover the following:

UNIT 1 – INTRODUCTION
1.1. What is Government Finance? Distinction between private and Government Finance.
1.2. Defining Institutional unit and Institutional sector.
1.3. Sectorization of public sector.

UNIT 2- GOVERNMENT REVENUE

2.1 Defining Revenue

2.2 Revenue Receipt
2.3 Tax revenue vs non tax revenue
2.4 Detail classification of Revenue

UNIT 3- GOVERNMENT EXPENDITURE

3.1 Meaning and nature of Government Expenditure

2 Syllabus – Government Finance, Fiscal and Public Sector Statistics

3.2 Detail Economic Classification of expense

3.3 Detail functional classification of expense

UNIT 4 PUBLIC DEBT

4.1 Meaning of Public debt

4.2 Interpreting Deficit, Surplus and debt
4.3 Public debt vs Private debt
4.4 Why public Debt?
4.5 Public debt and inflation
4.6 Public debt vs taxation

UNIT 5 SOCIAL SECURITY

5.1 Social Security Schemes

5.2 Other employment related Social Insurance Scheme
5.3 Defined-benefit Pension Scheme
5.4 Defined-Contribution Pension Scheme

RESOURCES
–

ESSENTIAL READING

1. Government Finance Statistics Manual 2014, International Monetary fund

2. Public Finance. HL Bhatia, 26th edition.

The following are possible alternatives to the main text

1. Public Finance and public policy. Jonathan Gruber, Third edition

2. Public Finance. Harvey S.Rosen. International edition

3 Syllabus – Government Finance, Fiscal and Public Sector Statistics