Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.


Markets with Frictions

University of Wisconsin–Madison via Coursera

This course may be unavailable.


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


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

    Eva-Maria Ojasalu completed this course, spending 3 hours a week on it and found the course difficulty to be medium.

    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 interactions...
  • Profile image for Adao Antunes
    Adao Antunes

    Adao Antunes completed this course, spending 1 hours a week on it and found the course difficulty to be hard.

    Very good instructor, with very clear subjects explanation. One pf the best. Unfortunately, the course is not anymor available at coursera-

Never Stop Learning.

Get personalized course recommendations, track subjects and courses with reminders, and more.