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Neglected Topics in Public Economics Courses

This is the draft of a chapter prepared for a forthcoming volume in memory of the late Amaresh Bagchi. The chapter focuses on important gaps in the coverage of typical undergraduate public economics courses if they are to remain relevant given the rapidly changing scope of the public sector the past 50 years. The chapter takes as its starting point topics not covered or inadequately covered in leading undergraduate public finance and public economics textbooks. Of the various topics identified, three topics are discussed in detail are economic principles of the government budget, non-tax revenues and the global fiscal commons. The discussion in each case focuses on definitions and principles - both theoretical and applied - rather than real world examples. Other topics identified but not discussed in detail include the choice between modes of intervention for public service delivery, the role of government in the information sector, and public financial management and administration.