I have started learning some basics of Category Theory.Currently i am trying to understand the concept of Direct limit and Inverse Limit but i find this concept really hard to digest.
Could some one explain me with some details the good idea to think about Direct Limit and Inverse limit in practice?
I have knowledge of subjects like Module Theory,Galois Theory,Commutative Algebra(at the level of Atiyah Macdonald),Basics of Lie Algebra and of course elementary topics like Group theory and field theory etc.