This page presents an excerpt of the available research material, including the Preliminary Pages, Table of Contents, Abstract, Chapters One to Five, and References. It provides a comprehensive overview of the study, enhancing readability and accessibility for students, and researchers seeking complete material on “A Critical Evaluation of Monetary Policy on the Nigerian Economy”.
I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Economics for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on A Critical Evaluation of Monetary Policy on the Nigerian Economy provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.
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
1.1 Introduction
… As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the Aim and Objectives of the study. Others are Significance of the study, Scope of work, Research hypothesis and questions, Limitation of the study and Definition of technical terms.…
