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University of Wisconsin–Madison

Markets with Frictions

University of Wisconsin–Madison via Coursera

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The classical economic theory of markets cannot account for some important issues, such as the coexistence of unemployment and vacancies; credit market rationing; or bubbles in asset prices. This course will explore markets with frictions, shedding light on these issues and other fundamental questions such as: What is a bank, and why do we use money?


Taught by

Randall Wright

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5.0 rating, based on 2 Class Central reviews

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  • Profile image for Eva-Maria Ojasalu
    Eva-Maria Ojasalu
    Determine the friction coefficient. Choose a coefficient of friction equal to 0.13. Multiply these values by each other: 250 N * 0.13 = 32.5 N. If it talks to your hart you may consider ideas of endless scope. Such as Economy, Population and intera…
  • Profile image for Adao Antunes
    Adao Antunes
    Very good instructor, with very clear subjects explanation. One pf the best. Unfortunately, the course is not anymor available at coursera-
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