Why do financial intermediaries existnbsp in your answer


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)

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Finance Basics: Why do financial intermediaries existnbsp in your answer
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