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Markets with Frictions

Offered By: University of Wisconsin–Madison via Coursera

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Economics Courses Finance Courses Market Dynamics Courses Unemployment Courses

Course Description

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

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