Financial Markets and Institutions
Essay question: write an essay addressing the following question
Why do financial intermediaries exist? In your answer, discuss theories of financial intermediation, transactions costs and asymmetric information
Word limit: no more than 2,500 words (excluding references)
Guidance:
- You are expected to read around the topic, using a range of sources such as textbooks, journal articles, financial press etc... to support the points/arguments made in your essay
- It's important to reference your essay, providing a reference list/bibliography at the end of the essay.
- Any referencing system is acceptable provided the essay is referenced consistently throughout. However, I generally recommend using the Harvard Referencing System.
- For further guidance on how to go about completing this essay, please refer to the tutorial sessions held in week 18 (slides available on Blackboard in the 'Assignment' folder)