-
An Empirical Analysis Of The Impact Of Monetary Policy On Economic Development In Nigeria (1985–2011)
CHAPTER ONE -- [Total Page(s) 2]
Page 2 of 2
-
-
-
1.4 OBJECTIVES OF THE STUDY
This study seeks to achieve the following objectives;
I. To determine the impact of monetary policy on inflation in Nigeria.
II. To empirically examine the effectiveness of monetary policy on economic stability in Nigeria.
III. To analyze the contributions of monetary policy towards promoting growth and development of the Nigerian economy.
1.5 RESEARCH HYPOTHESIS
The hypothesis to be tested in the course of this research work is stated below;
H1 = Monetary policy has significant impact on inflation in Nigeria.
H2 = Monetary policy has no significant impact on inflation in Nigeria.
1.6 SIGNIFICANCE O THE STUDY
This study is significant in the following ways;
I. It would provide an objective view of the effectiveness of the monetary policy in Nigeria.
II. It would provide an economic basis upon which to examine the effect of monetary policy on the Nigerian economy.
III.
It would provide policy recommendations to the policy makers on ways to
make the Nigeria economy vibrant through the monetary policy.
1.7 SCOPE OF THE STUDY / LIMITATION OF THE STUDY
This
study will focus on major growth and development components which are
vital parts of monetary policy. The study will also empirically examine
the effectiveness of monetary policy in the Nigerian economy. Factors
that affect smooth execution of the project include inadequate finance
and short time.
CHAPTER ONE -- [Total Page(s) 2]
Page 2 of 2
-
-
ABSRACT - [ Total Page(s): 1 ]One can hardly find a country without monetary policy. As a matter of fact, monetary policy has gained a solid ground in the Nigerian economy. However, in light of various economic problems in Nigeria, it would seem the benefits of monetary policy are yet to be fully harnessed. The purposed of this study is to analyse the impact of monetary policy with Nigeria being the case study. With regards to the data analysis, regression analysis was applied. The study covers the effectiveness of monetary ... Continue reading---
