Fiscal Administration | 
| Author: John Mikesell Publisher: Wadsworth Publishing Category: Book
List Price: $189.95 Buy Used: $65.00 You Save: $124.95 (66%)
New (22) Used (28) from $65.00
Rating: 5 reviews Sales Rank: 70890
Media: Hardcover Edition: 7 Pages: 704 Number Of Items: 1 Shipping Weight (lbs): 2.7 Dimensions (in): 9.3 x 7.5 x 1.4
ISBN: 0495007404 Dewey Decimal Number: 336 EAN: 9780495007401 ASIN: 0495007404
Publication Date: May 16, 2006 Availability: Usually ships in 1-2 business days
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| Editorial Reviews:
Product Description Ever wonder how federal finance really works? FISCAL ADMINISTRATION shows you how public budgets operate and lets you crunch the numbers yourself. And with the latest data from the US federal budget, including its breakdown, you can see for yourself how policymakers allocate money. Plus, each chapter includes stories for discussion from the private sector as well as from public finance. Run the numbers and debate the financial policies with FISCAL ADMINISTRATION.
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| Customer Reviews:
How To Do IT November 5, 2008 Fred Thompson (Salem, OR United States) This is a simple, clear, practical public finance text. It describes the basic processes of taxing, borrowing (and investing public funds), and spending, carefully delineating capital budgeting and operational budgeting from cash budgeting, their purposes and functions. My students, both in our executive program and regular MBA students find it much more approachable and useful than the other public finance texts I have used, in part because it relentlessly focuses on administrative matters. The text is also sensitive to jurisdictional issues in fiscal management -- federal. state. local.
The questions at chapter ends are thought provoking and challenging without being overwhelming. I provide Excel set-ups for the problems I use, which allows students to perform a greater number of exercises in a timely manner and also for me to grade their work more easily. I'd also like to see more attention to mean variance analysis, which is one of the main integrating ideas in financial management, but otherwise I am quite pleased with this text and recommend it highly.
Good September 29, 2008 Anitazyy (Gainesville, FL USA) Almost perfect!The book is new,and reaches me on time. I find that the question marks printed in the book are all inverted,anyway, it doesn't affect reading.
Poorly written, almost impossible to read September 3, 2007 Daniel Gardner (Austin, TX United States) 1 out of 1 found this review helpful
This book is written so poorly I can barely get through it. Mikesell goes on and on with run-on sentences, excessive details that get in the way of the concepts, and very poor organization of the concepts. He shifts styles, meanders off topic, and fails to get to the point. He also uses very few graphs or illustrations. Instead, he includes large tables of numerical data (rather than a chart, like a pie, line, or bar graph, that would bring out the important message).
Even though it's in the 7th edition, it reads like a rough first draft. It needs major revision. In order to get through it, I skim for the ideas and skip a lot of the text. When I try to "read" it (i.e. every word), I get so bogged down, I can't move forward and I don't retain much. Mikesell obscures the main concepts in a haze of excess words, unhelpful information, and pervasive use of the passive voice.
Unfortunately, I have to use this book for my graduate Public Financial Management course. If you have the choice, find something better.
One of the best books around August 14, 2007 Budgeteer1 (DeKalb, IL, USA) 0 out of 1 found this review helpful
Although big (and pricey) this book contains very good illustrations and explanations of financial and budgeting concepts and principles. A must have for serious students in graduate programs.
Mikesell continues to lull people to sleep... has he learned? May 26, 2006 Matthew S. Worner (Alexandria, VA) 5 out of 9 found this review helpful
Public Budgeting Systems by Robert D. Lee, Philip G. Joyce, and Ronald Wayne Johnson is written more clearly... if you have a choice, buy this book. The problem with Mikesell is that he has to write 200 pages (six chapters) to explain the concept of revenues in the budget process. Too many trees were wasted in the development of this book. Lee, Joyce, and Johnson can do this in 40 pages.
The greater majority of my Public Budgeting Systems class at George Mason University feels that the Mikesell book is written in a manner to lull oneself to sleep... the benefit is that one could read the book rather than using drugs to induce sleep.
However, if you are required to purchase the Mikesell book, you should go to the Amazon UK web site and complete your transaction there... you can save yourself about 70 to 80 dollars.
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