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University of Wisconsin–Madison

Markets with Frictions

University of Wisconsin–Madison via Coursera

This course may be unavailable.

Overview

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

Reviews

5.0 rating, based on 2 Class Central reviews

Start your review of Markets with Frictions

  • 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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