Hello and welcome back for our fourth episode on understanding public policy! In this episode we will spend time talking about agenda-setting and policy formulation. Both of these terms are pretty technical but at the core what we are covering is how we get a problem on the list of things we need to work on and the ways we come up with plans to address the problem. There are quite a few "breakdowns" in this chapter for both of these topics and I'd ask you to focus on those as you read and work through this podcast. In addition, please take your time with key concepts like public goods, externalities, and the punctuated equilibrium model. Email me anytime at [email protected] with questions or concerns and I will get back to you as soon as I can!