? For the first question (How has the Financial Crisis (2007- ) affected the Economy?), you are free to focus on a topic which relates to this particular crisis. The ‘Economy’ can be the UK or a country which with you are familiar. As an example you may be interested to focus on topics such as: real estate; bank collapse; LIBOR problems; country debt etc… You can determine yourself what period of time you are interested in studying (but it needs to start from 2007).
? For the second question, please use the article: “Market Discipline, public disclosure and financial stability”, by Sowerbutts, R. and Zimmerman, P. (2016) in: The Handbook of Post Crisis Financial Modelling. E. Haven et al. Eds. Palgrave MacMillan. See library for the book (it is available in e-book and hardcopy). You must in your answer to the second question identify the four requisites for effective market discipline and from those four conditions you identified, then answer the second question (Has a break-down in market discipline played a role in the triggering of the financial crisis?).
1. Besides the reference to Sowerbutts and Zimmerman (2016) (see above, Section II), your reference list needs to contain at least TWO more references from “The Handbook of Post Crisis Financial Modelling”. E. Haven et al. Eds. Palgrave MacMillan.
2. References used in your essay need to be actively used. So do not list a reference in the reference list without actively using that reference in your text.
3. All essays must contain the structure of: I. Introduction; II. A title of your choice which refers to the main part of your essay. This can extend in many additional sections (for instance: section II.1.; II.2. etc…). Peruse the model essay. You also need a section: III. Conclusion. Please peruse the essay – “Northern Rock: How A System of Financial Growth Brought the Bank to its Knees” as an essay which gives a good example of a basic structure.
Please note again: you can have as many sections as you want in the main body of the paper. But please do remember that you do need to answer two questions in this essay.
