Assessment 2: Essay (30%)
Overview
Students are required to write a short essay demonstrating an understanding of issues and concepts covered in the unit.
Details
Essay topic
It has been suggested that financial innovation is central to economic growth and prosperity and that, consequently, financial system regulators should resist over-regulation that might thwart innovation. On the other hand, certain financial innovations have been blamed for taking us to the brink of disaster in recent times. The global financial crisis has required extraordinary measures by governments to avert and continues to impose costs on real economic performance around the globe. Should the potential benefits of financial system innovation deter regulators from imposing restrictions on the activities of financial institutions?
? Note: Internet searches of the World Wide Web using a search engine such as Google can sometimes be a useful starting point but do not substitute for surveying the scholarly literature on the topic.
There is a 1,200 word limit on the final version. The word limit does not include the abstract, title page or reference list. You need to read and re-read your essay. It’s a good idea to ask a friend or relative to read it as well. Make sure there are no spelling or grammatical errors. If in doubt consult a style guide. The Economist provides a brief guide at http://www.economist.com/research/styleGuide/ and a classic style guide by W Strunk is available at http://www.bartleby.com/141/.
Make sure there is a title page, an abstract (not more than 200 words), introduction, body, conclusion, and a reference list. Complete the Assignment Cover Sheet and attach it to the hard copy that you hand to your tutor.
Marking criteria and standards
Criterion
Argument in the form of an academic essay.
Marking guide
Most/all relevant points from appropriate literature; uses appropriate structure and format, makes a convincing case.
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Assessment 2: Essay (30%) Overview Students are required to write a short essay demonstrating an understanding of issues and concepts covered in the unit. Details Essay topic It has been suggested that financial innovation is central to economic growth and prosperity and that, consequently, financial system regulators should resist over-regulation that might thwart innovation. On the other hand, certain financial innovations have been blamed for taking us to the brink of disaster in recent times. The global financial crisis has required extraordinary measures by governments to avert and continues to impose costs on real economic performance around the globe. Should the potential benefits of financial system innovation deter regulators from imposing restrictions on the activities of financial institutions? ? Note: Internet searches of the World Wide Web using a search engine such as Google can sometimes be a useful starting point but do not substitute for surveying the scholarly literature on the topic. There is a 1,200 word limit on the final version. The word limit does not include the abstract, title page or reference list. You need to read and re-read your essay. It’s a good idea to ask a friend or relative to read it as well. Make sure there are no spelling or grammatical errors. If in doubt consult a style guide. The Economist provides a brief guide at http://www.economist.com/research/styleGuide/ and a classic style guide by W Strunk is available at http://www.bartleby.com/141/. Make sure there is a title page, an abstract (not more than 200 words), introduction, body, conclusion, and a reference list. Complete the Assignment Cover Sheet and attach it to the hard copy that you hand to your tutor. Marking criteria and standards Criterion Argument in the form of an academic essay. Marking guide Most/all relevant points from appropriate literature; uses appropriate structure and format, makes a convincing case.