To get you started concentrate on two distinct chapters in the Schiller textbook. See chapter 4 for an analysis of the problems of individual markets. See chapter 10 for an analysis of problems in the aggregation of markets.
--Identify and summarize the dynamics involved in both kinds of market failure presented.
--How are these different economic breakdowns similar and different?
--Using your knowledge from all of the textbook chapters, what are the best ways to solve these economic problems and why?
Please write down around 500 words.