The effect of monetary policy on economic growth in nigeria
Table Of Contents
Chapter ONE
INTRODUCTION
- 1.1Introduction
- 1.2Background of Study
- 1.3Problem Statement
- 1.4Objective of Study
- 1.5Limitation of Study
- 1.6Scope of Study
- 1.7Significance of Study
- 1.8Structure of the Research
- 1.9Definition of Terms
Chapter TWO
LITERATURE REVIEW
- 2.1Overview of Monetary Policy
- 2.2Historical Development of Monetary Policy in Nigeria
- 2.3Theoretical Framework of Monetary Policy
- 2.4Objectives of Monetary Policy
- 2.5Instruments of Monetary Policy
- 2.6Effect of Monetary Policy on Economic Growth
- 2.7Empirical Studies on Monetary Policy and Economic Growth
- 2.8Challenges in Implementing Monetary Policy in Nigeria
- 2.9Comparison of Monetary Policy in Nigeria with Other Countries
- 2.10Summary of Literature Review
Chapter THREE
RESEARCH METHODOLOGY
- 3.1Research Methodology Overview
- 3.2Research Design and Approach
- 3.3Data Collection Methods
- 3.4Sampling Techniques
- 3.5Data Analysis Plan
- 3.6Research Variables and Measurements
- 3.7Ethical Considerations
- 3.8Limitations of the Research Methodology
Chapter FOUR
DATA PRESENTATION AND ANALYSIS
- 4.1Data Analysis and Interpretation
- 4.2Descriptive Statistics
- 4.3Regression Analysis Results
- 4.4Hypothesis Testing
- 4.5Discussion of Findings
- 4.6Comparison with Previous Studies
- 4.7Implications of Results
- 4.8Recommendations for Policy and Practice
Chapter FIVE
SUMMARY, CONCLUSION AND RECOMMENDATIONS
- 5.1Conclusion and Summary
- 5.2Summary of Findings
- 5.3Contributions to Knowledge
- 5.4Practical Implications
- 5.5Recommendations for Future Research
Project Abstract
<p> The purpose of this project is based on the effect of monetary policy on economic growth in Nigeria. This work discussed the meaning of monetary policy as monetary management techniques put in place by the government through the central bank to control money stock in order to influence broad macro-economic objectives. The data used is a secondary data collected from central bank of Nigeria statistical bulletin between the periods of 1981 to 2014, and multiple regression analysis of ordinary least square (OLS) were used. The variables of the model includes GDP Growth as the dependent variable and broad money supply, interest rate, and monetary policy rate as the independent variables. The result shows that money supply is statistically significant, which means that money supply influences growth positively in Nigeria. On the other hand, interest rate and monetary policy rate are statistically insignificant showing that interest rate and monetary policy rate are negatively influences economic growth in Nigeria. Government should increase its expenditure on productive sectors to boost economic growth alongside with monetary policy. <br></p>Project Overview
<p> </p><p><strong>Background Information</strong></p><p>Monetary policy are monetary management techniques put in place by the government through the central bank to control money stock that is supply of money in order to influence broad macro-economic objectives which include price stability, high level of employment, sustainable economic growth and balance of payment equilibrium. These broad objectives are achieved through the use of appropriate instruments, depending on which objective the policy formulated want to achieve on the level of development of the country.</p><p>Over the years, the major goals of monetary policy have often been the two later objectives namely: Inflation targeting and exchange rate policy. These objectives have dominated the Central Bank of Nigerian’s monetary policy focus based on the assumption that these are essential tools of achieving macroeconomic stability (Ajayi, 1999).</p> <br><p></p>Blazingprojects Mobile App
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