Financial market and institutions

It is an 70-minute in-class assessment. It consists of three questions related to a topic we will have studied during the course.

The three discussion questions will cover 30 or 40 marks each, totaling 100 in all. It will be assessed based on the completeness of the answer, clearness of explanations, clarity of arguments and other criteria set for each specific question  Students should make the link from theories of financial markets that we cover in class to real life market developments and policy measures.

Why were banks reluctant to lend to each other and customers after the Global Financial Crisis hit?