This course deals with how governments tax and spend. Students become familiar with the theoretical, empirical, and practical tools and methods used to create and analyze government budgets, as well as the flow of public resources. The course examines public revenues and expenditures within the context of fiscal federalism, in addition to budgeting and resource management and the social, economic, and political forces that shape the fiscal environment within which governments (particularly state and local governments) operate. The course builds on the conceptual framework developed in NURP 5001 (Economics for Management and Public Policy) and is required for all Urban Policy Analysis and Management students. This course is only offered in the fall.