Markets with Frictions
Offered By: University of Wisconsin–Madison via Coursera
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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