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Reading 3 explains the operation of Demand and Supply analysis, and the sources of market failure are presented in Reading 4. The need for objectivity is emphasized; economics is the art of making judgements using evidence and logic.
The origins and the resolution of the climate change crisis are examined in Reading 5, where re-orientating academic research is considered as the essential problem we have to solve. The Appendix provides answers to the questions provided in the Readings, and provides a Bibliography in support of Reading 5.
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