Home / Economics / A critical evaluation of monetary policy on the nigerian economy

A critical evaluation of monetary policy on the nigerian economy

 

Table Of Contents


Chapter ONE

1.1 Introduction
1.2 Background of Study
1.3 Problem Statement
1.4 Objective of Study
1.5 Limitation of Study
1.6 Scope of Study
1.7 Significance of Study
1.8 Structure of the Research
1.9 Definition of Terms

Chapter TWO

2.1 Overview of Monetary Policy
2.2 Historical Development of Monetary Policy
2.3 Theoretical Framework of Monetary Policy
2.4 Objectives of Monetary Policy
2.5 Tools of Monetary Policy
2.6 Effectiveness of Monetary Policy
2.7 Criticisms of Monetary Policy
2.8 Empirical Studies on Monetary Policy
2.9 Comparative Analysis of Monetary Policy
2.10 Current Trends in Monetary Policy

Chapter THREE

3.1 Research Design
3.2 Research Philosophy
3.3 Research Approach
3.4 Data Collection Methods
3.5 Sampling Techniques
3.6 Data Analysis Procedures
3.7 Ethical Considerations
3.8 Validity and Reliability

Chapter FOUR

4.1 Overview of Research Findings
4.2 Analysis of Data
4.3 Interpretation of Results
4.4 Comparison with Existing Literature
4.5 Implications of Findings
4.6 Recommendations
4.7 Areas for Future Research
4.8 Limitations of the Study

Chapter FIVE

5.1 Summary of Findings
5.2 Conclusions
5.3 Contributions to Knowledge
5.4 Practical Implications
5.5 Recommendations for Practice
5.6 Recommendations for Policy
5.7 Suggestions for Future Research
5.8 Conclusion and Reflections

Project Abstract

This study aims to analyze through the econometric methodology of the effects of monetary policy in the Nigerian economy. To achieve the above objective, the growth in production was chosen as the dependent variable, while the real exchange rate, real interest rates and inflation has been chosen as the independent variable. The ordinary least square was used in the regression estimate. According to the empirical results, we realized that the whole variables are insignificant in the t-test, but in f-test, we reject the null hypothesis and conclude that the slope coefficient are not simultaneously zero. We realized from the test battery there is a co integration between the explanatory band dependent variables for level of stationarity are the same. The implication of the result of the policy is that if the monetary and banking policies are effectively implemented, it will be compatible with the determination of the level of output growth in the economy



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