Read the following:
- Microeconomics (Krugman and Wells, 6th ed.) textbook:
- Chapter 5: Price Controls and Quotas: Meddling with Markets
- Chapter 16: Externalities
- Chapter 17: Public Goods and Common Resources
- Chapter 18: The Economics of the Welfare State
- Chapter 19: Factor Markets and Risk
Your course textbook can be accessed via the DART eBook link in the Getting Started module.