Problem solving. It’s like using ad hoc methods to find a solution for unwelcome issues. Think of it this way: it’s sort of like a puzzle. Like finding your way out through a maze. Like the complex network of paths, the forex market does have its obstacles, as well. Nobody likes problems. But whether we like it or not, this is the way life works. While we definitely can’t avoid these boulders (metaphorically speaking), we can look for ways to make them less troublesome. Markets with Frictions, offered by Wisconsin University, is probably the next best solution for forex traders.
As seen on Coursera,
Markets with Frictions by Randall Wright
This course explores markets with frictions. The goal is to sharpen our economic reasoning, add a few twists that you are unlikely to have seen in other courses, and apply the methods to interesting phenomena. This should improve the way you think analytically about the economy, and help address interesting issues that come up in the real world.
Just roughly a month- to be exact, it’s 6 months- forex traders will get the opportunity to learn this valuable information about the market. In spite of the fact that the forex course doesn’t discuss investment strategies in the stock market, Markets with Frictions will tackle important matters such as why do we use money?
In the forex market, it’s not just about making big bucks. It requires analytical strategies and the discussion of radical issues. If you understand how the forex market works, it will give you an extra edge over other competitors.
Here is all-inclusive information about Markets with Friction as first seen on Coursera.
About the Course
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?
Students should at some point have taken intermediate to advanced undergraduate courses in economics (intermediate microeconomics) and have minimal proficiency in algebra and calculus.
Like most courses, newbie forex traders will get a Statement of Accomplishment after completing this class. There is absolutely no need to purchase any reading materials for Markets with Friction. If you’re a serious learner or interested in learning out of the box, by all means go for it!
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