Explain how the endogenous growth models help us understand the role of finance in promoting
economic growth. Is the empirical evidence consistent with the theoretical prediction?
• The coursework is a research-intensive exercise and involves identifying and discussing the
relevant papers in the literature. It is expected that you read beyond the literature discussed
in the lectures.
• Your answer must be succinct and address the question closely. You should think of this
assignment as a memo or a briefing note, rather than a standard essay. Introduction and
conclusions are not required. It can take the form of a connected series of bullet points with
a brief – but to the point – explanation for each bullet point. Such bullet points should be
arranged in a logical sequence. You can use section titles, if you wish.
• Word limit: no more than 800 words (+/- 10%) for the main content. Bibliography,
diagrams/tables and appendices (if used), which are excluded from the word count, should
appear on additional page(s).
• Please pay attention to the proper format of citations and references.
Intended Learning Outcomes being assessed
• To understand both theories and empirical evidence concerning the relationship between
finance and growth;
• To understand, discuss and evaluate the functions performed by financial systems;
• To discuss the extent to which banking and stock market development can contribute to
economic growth and development.
• Engagement with both relevant theory and empirical evidence for the discussion;
• Engagement with both basic content from lecture and the extensive literature beyond
lecture notes relevant to the question;
• Identifying both simple correlation and causal relationship when addressing the empirical
• A focused, clear and in-depth analysis of the question.
Individual feedback will normally be provided via Moodle. Generic (class-level) feedback and grade
profiles will normally be posted on Moodle.
Students can use academic staff office hours for additional feedback on your work.
Preparing your coursework
1. Please use this file naming convention: StudentID_CourseCode_QuestionNo. e.g.
7299019_ACCFIN4029_1. If there is no question choice, use 1 as the default.
2. The file type must be .doc, .doxc, .xls, .xlsx or .pdf.
3. Include your student ID in your document, ideally in the header on each page with the
course code and title, e.g. 2489545_ACCFIN1003_Finance1.
4. The maximum file size limit on Moodle is 230MB
You won’t be penalised if you don’t follow this good practice on formatting, but it will help your
• Use a Sans Serif font in black, e.g. Arial, Avant Garde, Calibri, Helvetica and Geneva.
• Use font size 12.
• Use 1.5 or double line spacing.
• Align your text to the left margin.
• Add page numbers.
Referencing and bibliography
You should reference your sources appropriately and list these in a bibliography. The bibliography is
excluded from your word limit. You should use the ‘Harvard’ referencing system, as detailed below
for written coursework.
In the text, use the following referencing conventions:
• Smith (1999) argues that…. or
• It has been argued that……. (Smith, 1999).
• If you use a direct quote, use quotation marks and cite the page number as well as the
author and date, i.e. (Smith, 1999, p. 4).
• If you have two items by the same author in the same year, refer to one as ‘a’ and the other
as ‘b’, i.e. Smith (1999a) and Smith (1999b).
For more information, please refer to the University Library webpage.
You must adhere to the University’s rules regarding plagiarism which are based on the premise
that ‘all work submitted by students for assessment is accepted on the understanding that it is the
student’s own effort’. Penalties for plagiarism include an award of an H and a record of this being
held on your student record. More specifically, you must avoid plagiarism in the following forms:
• Copying from sources without ‘formal and proper acknowledgement’
• Inappropriate collaboration – working with other students to produce individual coursework
or copying work produced by another student
• Submitting work which you have obtained from another source, e.g. an essay mill
• Self-plagiarism – basing coursework on work that has already been submitted for