AN EMPIRICAL ANALYSIS OF THE IMPACT OF MONETARY POLICY ON ECONOMIC DEVELOPMENT IN NIGERIA (1985–2014)

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ABSTRACT
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 policy from the period 1985 to 2011. The study revealed that the level of effectiveness of monetary policy is highly influenced by the Central Bank of Nigeria (CBN).

TABLE OF CONTENTS
Title page
Approval page
Dedication
Acknowledgement
Abstract

CHAPTER ONE: INTRODUCTION
1.1 Background of the study
1.2 Statement of the problem
1.3 Objectives of the study
1.4 Research questions
1.5 Research hypothesis
1.6 Significance of the study
1.7 Scope and limitation of the study

CHAPTER TWO: LITERATURE REVIEW
2.1 Literature review
2.2 Theoretical literature
2.3 Empirical literature
2.4 Limitation of the previous studies

CHAPTER THREE: RESEARCH METHODOLOGY
3.1 Introduction
3.2 Method of data analysis
3.3 Model specification
3.4 sources of data collection
3.5 justification of data collection
3.6 Evaluation technique

CHAPTER FOUR: PRESENTATION AND ANALYSIS OF RESULTS
4.1 Presentation and interpretation of results
4.2 economic a priori criteria
4.3 Statistical criteria (First-order test)
4.4 Econometrics criteria

CHAPTER FIVE: SUMMARY, RECOMMENDATIONS, AND CONCLUSION
5.1 Summary
5.2 Recommendations
5.3 Conclusion
Bibliography
Appendices

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AN EMPIRICAL ANALYSIS OF THE IMPACT OF MONETARY POLICY ON ECONOMIC DEVELOPMENT IN NIGERIA (1985–2014)

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