Unit 6: Market Failure and the Role of GovernmentAP MicroeconomicsWhat Is Market Failure?Types of Market FailureKey EquationsGovernment SolutionsUnit Exam WeightUnit 6 topicsUnit 6 overview6.1Socially Efficient and Inefficient Market Outcomes6.2Externalities6.3Public and Private Goods6.4The Effects of Government Intervention in Markets6.5Income Inequality and the Lorenz Curve6.6Tax Policy and Income Distribution6.7Market Failure and Government Failure← Previous5.5 The Minimum Wage and Labor MarketsNext →6.1 Socially Efficient and Inefficient Market OutcomesPractice AP Microeconomics questions →