- The Complete Research Material is averagely 52 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦6,000
Get the complete project »
ABSTRACT
This research work is intended to evaluate the relationship between money supply and national income in Nigeria during the period over view. View about the important of money in the working of the economic varies greatly. In particular, the means by which money affects income and output and the extent of the changes in money supply affect the economy is the issue of such controversy.
Monetary policy deals with discretional control of the money supply by the monetary authorities in order to achieve desired economic good (of price stability, full employment equilibrium and/increased production output). The policy aims at achieving some specific objectives by influencing the quantity of money or the financial system liquidity.
Such objectives include the following\ to find out in quantitative terms, the actual relationship between money supply and national income in Nigeria during the year overview.
The broad aim of these specific objectives is to make appropriate policy recommendations.
From works consulted and data gathered the searcher found out that issues of monetary policy have tended to divided economist into monetarism and Keynesians. The researcher further discovered that there are expansionary and contra dictionary monetary measures, for controlling depression and inflation respectively.
Further, it was also observed that money supply was a determinant factor in economic activity in Nigeria. The research work was conducted using multiple regression and statistical of variance procedure.
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Views about the important of money in the working of the economy vary greatly. In particular, the means by which money affects income and output and the extent to which changes in money supply (that is money stock ) affect the economy are two issues that have given Nise to a major debate between two group of economists distinguished by their adherence to two conflicting bodies of economic theory called Keynesians and Monetarism.
The debate has been long and complicated and has progressed through several stages over the years. This debate is important implications for the effectiveness of monetary policy and the importance of monetary policy relative to fiscal policy, in affecting income, output, employment and the rate of inflation.
The relationship between the stock of money and the level of income and output is fundamental to the monetarism and Keynesians debate.
1.2STATEMENT OF PROBLEM
There have been a thousand and one views on the relationship between money supply and certain macroeconomic variables such as national income, price, and levels.
The controversy on the on the rule of money vis-à-vis national income and price level has been going on for quite a long time before the great depression of 1930s, economists believed that increases in the quantity of money would lead to increases in the price level (inflation).
However, during he great depression group of economists emerged. They held that the important factor caused income and employment to fluctuate is investment.
Thos group of economists believed hat money is not an important determinant of the level of economic activity while a separate group with a contrary view believed that money is an important determinant of level of economic activity. They also believed that once there is unemployment in the economy, increase in money supply. Leads to increases in the level of income. This group of economist supported their assertion with a lot of empirical evidence, base on the above analysis, a lot of question arose.
These question include, is money supply an important determinant of economic activity in Nigeria?
Furthermore, is there any relationship between money supply and level of national income in Nigeria? The above research questions form the problem of this research therefore; an attempt would be made to ascertain the effects of money supply on the Nigerian economy.
1.3OBJECTIVE OF THE STUDY
The specific objectives of this research include the following: To find out whether or not there was a relationship between money supply and the level of national income in Nigeria during the period under review. The study also intended to investigation and discover which of the views about the monetary theory holds in the Nigerian context. It also ascertains to find out which of the monetary aggregates affects economic more than the others in Nigeria.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR BANKING FINANCE FINAL YEAR PROJECT RESEARCH TOPICS
-
1. PROBLEM AND PROSPECT OF GYELESU MICROFINANCE BANK
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY A microfinance institution is a semi formal organization. It can be non government al or communit...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
2. THE IMPACT OF INTERNALLY GENERATED REVENUE OF THE DEVELOPMENT OF THE LOCAL GOVERNMENT IN NIGERIA WITH CASE STUDY OF NDOKWA WEST LOCAL GOVERNMENT AREA
» CHAPTER ONE INTRODUCTION 1.0 BACKGROUND OF THE STUDY Nigeria has three tires of government in line with the federal system of government. The federal ...Continue Reading »Item Type & Format: Project Material - Ms Word | 50 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
3. THE EFFECT OF EXCHANGE RATE IN BALANCE OF PAYMENT OF NIGERIA ECONOMY
» CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY In any nation, there arem basically four objectives or goal of micro economics policies. i. H...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
4. THE CONSOLIDATION OF THE NIGERIAN BANKING INDUSTRY IMPLICATION FOR THE NIGERIAN ECONOMY
» CHAPTER ONE 1.1 BACKGROUND OF THE STUDY Banking institutions require adequate capital to function effectively. This can be explained from the Fact tha...Continue Reading »Item Type & Format: Project Material - Ms Word | 112 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
5. AN ASSESSMENT OF LOAN DEFAULTS AND ITS IMPACTS ON PROFITABILITY IN ECO BANK PLC
» ABSTRACTThis research work titled “An Assessment of Loan Defaults and its Impact on Profitability†with special references to Eco Bank Nig...Continue Reading »Item Type & Format: Project Material - Ms Word | 56 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
6. IMPACT OF SALES PROMOTION ON THE BUYING BEHAVIOUR OF CUSTOMER IN KADUNA STATE (A CASE STUDY OF KADUNA STATE MTN OFFICE)
» CHAPTER ONE INTRODUCTION 1.1 Background to the Study One of the primary objectives of every business is to increase the sale of its products in ord...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
7. IMPACT OF COMPUTERIZATION IN A BANKING INDUSTRY (A CASE STUDY OF UNITED BANK FOR AFRICA)
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF STUDY Alvin Tofler, one of the most successful of contemporary popularizes has proclaimed the arrival of an...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
8. LOAN SYSNDICATION IN BANKS (A CASE STUDY OF INTERNATIONAL MERCHANT BANK PORT – HARCOURT)
» ABSTRACT The study was undertaken to find out how IMB manages its loan syndication, a proper loan syndication management would have a significant impa...Continue Reading »Item Type & Format: Project Material - Ms Word | 77 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
9. BANK FRAUD AND IT EFFECT ON BANK PERFORMANCE IN NIGERIA
» Abstract Fraud is an epidemic dimension that has eaten deep into the banking sector as well as the entire economy. Itsdevastating effect manifests its...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
10. THE IMPACT OF EFFECTIVE CREDIT MANAGEMENT ON THE PROFITABILITY OF FIRST BANK OF NIGERIA PLC
» CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE ESSAY Credit generally denotes loans and advance made either directly by a credit (lender) or a deb...Continue Reading »Item Type & Format: Project Material - Ms Word | 38 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT