---
type: syllabus
topic: pubc
topic_title: Public Choice
topic_url: 'https://liberty-lighthouse.vercel.app/topics/pubc/'
canonical_url: 'https://liberty-lighthouse.vercel.app/topics/pubc/syllabus/'
markdown_url: 'https://liberty-lighthouse.vercel.app/topics/pubc/syllabus.md'
---
# Public Choice — Syllabus

## Books

1. Fault Lines — Raghuram Rajan
2. That Which Is Seen, and That Which Is Not Seen — Frédéric Bastiat

## Academic Papers

1. [The Use of Knowledge in Society](https://www.econlib.org/library/Essays/hykKnw.html) (1945) — Friedrich Hayek
2. [Cost Overruns in Infrastructure Projects](https://sites.krieger.jhu.edu/iae/files/2020/10/Cost-Overruns-in-Infrastructure-Projects-10-04-2020.pdf) — Bent Flyvbjerg, Johns Hopkins
3. CD Deshmukh Memorial Lecture (2017) — Vijay Kelkar, on the marginal cost of public funds

## Legal Statutes

1. Article 311, Constitution of India
2. Prevention of Corruption Act, 1988
3. Punjab Preservation of Subsoil Water [Act, 2009](https://agri.punjab.gov.in/sites/default/files/Pb_preservation_of_Subsoil_Act%2C2009.pdf)

## Reports

1. [Public Enterprises Survey 2023-24](https://dpe.gov.in/en/public-enterprises-survey-2023-24) — Department of Public Enterprises
2. [State of State Finances 2023-24](https://prsindia.org/budgets/discussionpapers/state-of-state-finances-2023-24) — PRS Legislative Research
3. [Flash Report, March 2024](https://mospi.gov.in/sites/default/files/publication_reports/Flash_Report_March_2024.pdf) — Ministry of Statistics and Programme Implementation, on central project overruns
4. [Research on incumbency and turnover in Indian elections](https://carnegieendowment.org/research/2024/05/india-election-incumbent-candidates?lang=en) — Carnegie Endowment
5. Department of Personnel and Training report (2017), on disciplinary action against IAS officers

## Articles & Blog Posts

1. [A Market Failure Framework for Evaluating Public Sector Undertakings](https://blog.theleapjournal.org/2026/05/a-market-failure-framework-for.html) — Arjun Krishnan, LEAP
2. [BMS Holds Protests Pan-India Against Govt's Privatisation Policy](https://psuwatch.com/latestnews/bms-holds-protests-pan-india-against-govts-privatisation-policy) — PSU Watch
3. [Subsidy Bill Shoots Up in 2023-24 to Rs 5.62 Lakh Crore](https://www.deccanherald.com/business/union-budget/subsidy-bill-shoots-up-in-2023-24-to-rs-562-lakh-crore-1186847.html) — Deccan Herald
4. [Delhi Elections 2025: Who Is Offering More Money, Freebies](https://www.livemint.com/elections/assembly-elections/delhi-elections-2025-who-is-offering-more-money-freebies-woman-students-elderly-pension-aap-bjp-or-congress-11737624472180.html) — Livemint
5. [Incumbency and Churn II: India's First-Time MPs More Than Its Most Peers](https://www.business-standard.com/elections/lok-sabha-election/incumbency-and-churn-ii-india-s-first-time-mps-more-than-its-most-peers-124053001221_1.html) — Business Standard
6. [Explained: How Free Farm Power Drains Punjab's Coffers and Water Reserves](https://indianexpress.com/article/explained/explained-how-free-farm-power-drains-punjabs-coffers-and-water-reserves-5870813/) — Indian Express
7. [In Relief to Truckers, Govt Opens Highway Repair Shops, Dhabas](https://www.hindustantimes.com/india-news/in-relief-to-truckers-govt-opens-highway-repair-shops-dhabas/story-XGuG3yuEbNWPZpIYziUIZM.html) — Hindustan Times
8. [How IAS Officers Can Let Off Their Colleagues Officially](https://timesofindia.indiatimes.com/blogs/masala-noodles/how-ias-officers-can-let-off-their-colleagues-officially/) — Times of India
9. [ODF Status: Claims vs Reality — Swachh Bharat Mission](https://www.orfonline.org/expert-speak/odf-status-claims-vs-reality-swachh-bharat-mission) — ORF