Essay: Brexit’s Impact On UK Business Cycle & Banking Business.
Main drivers of business cycle fluctuationsPart 1 (Max 1000 words in total, this part counts for 2/3 of the grade)
How is Brexit likely to affect the UK business cycle?
Suggested approach (feel free to deviate)
1) Focus on the main drivers of cyclical fluctuations. How is Brexit likely to affect them and why?
2) How would these affect the relevant macroeconomic indicators? Are there feedback effects?
3) Discuss possible policy responses a…
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