Upper-second class essays may explain main the stages of a financial crisis, without addressing specific characteristics in relation to economies.  Events in economies around the world will be considered, though without a convincing or persuasive rationale.  Graphical and visual depictions may drawn generic and/or descriptive conclusions without honing in on specific inferences.  Bibliographies may be limited to course texts and/or general subject matter without recourse to specialist research such as that produced by central banks.  A correct structure may be offered, but with a weak overall argument and poor standards of presentation.
Lower second essays will include generic errors in describing and/or defining financial crises and references to other economies may be vague and/or absent altogether.  Numerical data might be included, but without reference to the question.  A correctly presented structure and format may be offered, perhaps with a weak set of supporting references.
Third-and-below essays will regurgitate material from the internet, including Google and Wikipedia searches.  Stages of financial crises will not be explained and/or not at all, together with irrelevant examples of developments in the financial markets.  Numerical data may be of a poor standard or omitted altogether and a limited bibliography may be included.  Spelling, grammar and linguistic standards may be poor and lacking attention.