Performance Of Monetary Policy In The Economy

ABSTRACT

The purpose of this project work is based on the relative performance of monetary policy in the Nigerian economy. This work discussed the meaning of monetary policy is as combination of measures designed to regulate the value, supply and cost of money in an economy in consonance with the expected value of economies activities. The study shows further, the aims and objectives of monetary policy which includes price stability, maintenance of balance of payment equilibrium, promotion of employment, tackling inflation, output growth and sustainable development. The literature review shed more light on conceptual and evolutionary framework of monetary policy in Nigeria, review of monetary policy before and offer the structural adjustment programme (SAP), and appraisal of the performance of monetary policy in Nigeria were thoroughly discussed. also appropriate measures for managing inflation in the economy were also suggested from the research instruments and techniques, if was observed that there are leakages in velocity of money through corrupt practices in the system and diabolic means of creating cash flow which causes inflation, multiplicity of unemployment and low output growth. The research work, also showed the interplay between the gross domestic product (GDP) and other monetary policy variables (real exchange rate, real interest rate, money supply and liquidity ratio), and their respective contribution to the economy. In conclusion this project suggests total means of curling corruption using the various law enforcements in the country.

TABLE OF CONTENTS

Certification
Acknowledgement
Dedication
Abstract

 

CHAPTER ONE
1.1 INTRODUCTION

1.2 Background of the study
1.3 Statement of the problem
1.4 Objectives of the study
1.5 Statement of hypothesis
1.6 Scope and limitations of the study
1.7 Significance of the study

CHAPTER TWO
2.0 LITERATURE REVIEW

2.0.1 Conceptual definition of monetary policy
2.0.2 Evolution of the monetary policy framework in Nigeria
2.0.3 Review of the monetary policy before the Structural Adjustment Programme (SAP)
2.1 Theoretical literature review
2.1.1 Monetary policy under the Structural Adjustment Programme (SAP)
2.1.2 Nigeria monetary policy experience
2.2 Empirical literature review
2.2.1. Framework of monetary policy in targeting inflation
2. 2.2 An appraisal of the performance of monetary policy in Nigeria
2.2.3 Suggestion for dealing with inflation in Nigeria

CHAPTER THREE
3.0 RESEARCH METHODOLOGY

3.1 Model specification
3.2 Method of evaluation
3.2.1Unit root test
3.2.2Presentation of co-integration and error corrections
3.2.3 Diagnostic tests
3.3 Justification of the model
3.4 Research approach

CHAPTER FOUR
4.0 PRESENTATION OF DATA AND DISCUSSION OF RESULTS

4.1 Presentation of data
4.1.1 Unit Root Test
4.1.2 Co-integration Test
4.2 Economic Opinion, Interpretation/Appriori Criteria
4.3 Statistical Criteria of the Results
4.3.1 T-test
4.3.2 F-test
4.4 Economic Criteria
4.4.1 Test for Autocorrelation
4.4.2 Normality test
4.4.3 Test for multicollinearity

CHAPTER FIVE
5.0 SUMMARY
5.1 Conclusion
Recommendations
Bibliography

APA

Performance Of Monetary Policy In The Economy. (n.d.). UniTopics. https://www.unitopics.com/project/material/performance-of-monetary-policy-in-the-economy/

MLA

“Performance Of Monetary Policy In The Economy.” UniTopics, https://www.unitopics.com/project/material/performance-of-monetary-policy-in-the-economy/. Accessed 19 September 2024.

Chicago

“Performance Of Monetary Policy In The Economy.” UniTopics, Accessed September 19, 2024. https://www.unitopics.com/project/material/performance-of-monetary-policy-in-the-economy/

WORK DETAILS

Chapters:
5
Pages:
70
Words:
7899

Here’s a typical structure for Performance Of Monetary Policy In The Economy research projects:

  • The title page of Performance Of Monetary Policy In The Economy should include the project title, your name, institution, and date.
  • The abstract of Performance Of Monetary Policy In The Economy should be a summary of around 150-250 words and should highlight the main objectives, methods, results, and conclusions.
  • The introduction of Performance Of Monetary Policy In The Economy should provide the background information, outline the research problem, and state the objectives and significance of the study.
  • Review existing research related to Performance Of Monetary Policy In The Economy, identifying gaps the study aims to fill.
  • The methodology section of Performance Of Monetary Policy In The Economy should describe the research design, data collection methods, and analytical techniques used.
  • Present the findings of the Performance Of Monetary Policy In The Economy research study using tables, charts, and graphs to illustrate key points.
  • Interpret Performance Of Monetary Policy In The Economy results, discussing their implications, limitations, and potential areas for future research.
  • Summarize the main findings of the Performance Of Monetary Policy In The Economy study and restate its significance.
  • List all the sources you cited in Performance Of Monetary Policy In The Economy project, following a specific citation style (e.g., APA, MLA, Chicago).