Contemporary Business Analysis

Your term two written assignment will be an essay selected from the titles below and must comply with the general instructions
for the submission of assignments. It must be submitted on the date as stated in the course calendar. Failure to comply with this
instruction may result in a grade of zero.

Your essay should be a maximum of 2000 words in length (excluding tables and diagrams). Please note that your assignment will
be down-graded for excessive quoting, the absence of a bibliography, and unreasonable length. You should use Macroeconomic
analysis when addressing these questions. NB this is not group work. If your work looks like someone else?s, we WILL
SUSPECT plagiarism which, if found to be the case, may result in an automatic failure of the YEAR.

We will endeavour to turn around assignments in quick time. However, we are concerned not to give those who have submission
date extensions an advantage in seeing comments on marked scripts before submitting theirs so this may influence when we
return scripts.
1. Using illustrative examples, assess the use and usefulness of conventional and unconventional monetary policy
instruments in the pursuit of macroeconomic goals.
Financial Update 13/14 Monetary Policy Instruments
FT Forward guidance only works if you do it right July 7, 2013 3:15 pm
FT European central bankers learn harsh lesson from Federal Reserve July 5, 2013 8:32 pm
FT We are all forward guiders now July 4, 2013 5:09 pm by Gavyn Davies

2. Examine the implications of the UK experiencing stable output.
Financial Update 13/14 Output Gap

3. Assess why bond yields might rise on the news of a more robust US economy.
Financial Update 13/14 Output Gap
FT US bond yields soar on robust jobs growth as QE tapering expected July 5, 2013 7:01 pm
FT The Long View: ECB comes to the market?s rescue again July 5, 2013 2:01 pm