• THE IMPACT OF EXCHANGE RATE ON THE NIGERIA ECONOMIC GROWTH


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    • ABSRACT - [ Total Page(s): 1 ]Exchange rate is the price of one currency in terms of another currency.Exchange rate s This exchange rate is also used to determine the level of output growth of the country. Over the years, Nigeria has adopted various exchange rate regime ranging research work is centered on the impact of exchange rate on the Nigeria economic growth with special emphasis on the purchasing power of the average Nigeria and the level of international trade transaction. To do this, the classical linear regression model is applied and the ordinary least square econometric technique is also used to estimate the im ... Continue Reading

         

      CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONE1.0 INTRODUCTION1.1 BACKGROUND OF THE STUDYThe exchange rate is perhaps one of the most widely discussed topics in Nigeria today. Macroeconomic policy formulation is a process by which the agencies responsible for the conduct of economic policies manipulate a set of instrumental variables in order to achieve some desired objectives. In Nigeria, these objectives include achievements of domestic price stabilit6y, balance of payment equilibrium, efficiency, equitable distribution of income and economic growth and development. Economic growth refers to the continuous increase in a count ... Continue Reading