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1. (a) Outline the causes of the 2008 financial crisis in the UK. (50%) (b) What policies has the UK Government put into place to reduce the impact of the crisis? (20%) (c) Were they effective? (30%) 2. (a) Explain the rationales for European Monetary Union (EMU)? (40%) (b) Outline the reasons why TWO Euro-zone members have suffered from sovereign debt crises in recent years? (HINT: reasons differ somewhat for different nations). (40%) (c) Why are heavily-indebted member-states a thre ...

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Tags: United Kingdom Guildford Economics Economics Economics University of London Economics - L101  


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