Unit 2: Lessons Learned

Introduction

Students are expected to reflect on what they have learned about public budgeting and finance from their textbook each unit, including “take-aways” that will be useful in their future careers.

Directions

Students are expected to reflect on at least TWO lessons that they have learned from their readings in the textbook (Lee, Johnson, and Joyce) this unit and write 1-2 short paragraphs for each lesson learned. Comments should focus on the implications for public budgeting and finance based upon topics they have found especially relevant.

1) Add Title page and Reference page
2) Double-spaced, Times New Roman 12 font
3) Make sure to add citations and references formatted according to APA style.
4) DO NOT use direct quotes. Instead paraphrase and properly cite summarized information.
5) DO NOT repeat topics noted on your discussion board posts. Select two distinct topics that you or others have not noted on a post. Remember, there are two chapters per week to review.

Unit 2: Discussion

Unit 2: Overview – Government Economic Policy and Budget Cycles Describe fiscal policy and its relationship to the federal budget.

Unit 2: Case Study 1 Briefly describe the State of Virginia’s public-private partnership project. Why did Virginia decide to join with the private sector?