ABSTRACT This study contributed to the debate on the relationship between military expenditure and economic growth in less-developed economies by investigating the trend; causal relationship and the effect of military expenditure on economic growth in five selected sub-Sahara African Countries namely:- Angola, Cameroon, Kenya, Nigeria and South-Africa; for the period 1986 to 2014. The study employed the Error Correction Mechanism (ECM) using time se...
ABSTRACT: The research on welfare implication of determinants affecting aggregate consumption expenditure was conducted by taking Rwanda as an area of study, period 1995- 2015. The researcher’s main purpose was to evaluate the impact of gross domestic product, lending interest rate, inflation rate and exchange rate on consumption expenditure in economy. To achieve the desired objectives, the researcher analyzed how independent variables of the Gross consumption expenditure (GDP, Lending Int...
ABSTRACT The behavior of stock market returns is a central issue to the theory and practice of asset pricing, asset allocation, and risk management. The supporters of the Efficient Market Hypothesis claim that stock price indices are basically random and as such any speculation based on past information is fruitless. These papers investigate the Random Walk (RW) behavior of stock market return of Rwanda. The naïve random walk model was estimated using Ordinary Least Squares (OLS) method ove...
The study set out to investigate the effect of welding and fabrication business on the poverty status of welders in Makurdilocal government area. The study adopted a simple random sampling techniqueselect 60 respondents. Data was collected through a structured questionnaireand was analyzed in frequency tables and percentages and a logistic regressionmodel was used for test of hypothesis. The findings also shows that majority ofthe welders performed between 6 to 15 jobs monthly. The study also...
ABSTRACT The term unemployment can be defined as an economics condition marked by the fact that individual actively seeking jobs remain unhired. Unemployment is expressed as a percentage of the total available work force. The level of unemployment varies with economics conditions and other circumstances. This is mostly seen in graduate of various institutions of learning especially in under developed nations like Nigeria. The study was designed to investigate the impact of unemployment...
CHAPTER ONE INTRODUCTION 1.1Background of the Study Following the fluctuation of the naira in 1986, a policy induced by the structural adjustment programme (SAP), the subject of exchange rate fluctuation has become a topical issue in Nigeria. This is because it is the goal of every economy to have a stable rate of exchange with its trading partners. In Nigeria, this goal was not reached in spite of the fact that the country embarked on devaluation to promote export and stabilize the rate of e...
ABSTRACT This study presents the impact of some selected non-oil export on the growth and development of Nigeria. Times series data gotten from Central Bank of Nigeria (CBN) statistical bulletin spanning between 1986 and 2013 were adopted.Gross Domestic Product (GDP) is used as proxies for growth and development of Nigeria, while non-oil export revenue (NONX) is used as proxies for non-oil export. Ordinary least square method (OLS) econometric technique through the application of E-views soft...
One of the most difficult tasks of man throughout his history on earth has been his quest to understand himself, his relationship with his fellowmen and the environment in which he lives. In this apparent unending endeavor of man to change himself from a state he consider bad to good, and from good to better. mso-fareast-font-family:Calibri;mso-fareast-theme-font:minor-latin;mso-ansi-language: EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA">It is of truism that man’s primary...
Introduction and Background The computer service industry can be broken down into several categories ranging from reseller to consultant. Entré Computers / Executive Business Machines Inc. (EBM) was a sales and service organization for typewriters at its inception in 1972. However, as the corporate market shifted its needs from typewriters to word processors to personal computers, so did EBM change its product line to meet that demand.
Since the mid 1960s, Pacific Asia has had a remarkable rate of economic growth. This growth has been sustainable and faster than all other regions of the world (see fig. 1). This region consists of twenty-three economies but it was just eight who caused most of this amazing growth. The eight were Hong Kong, the Republic of Korea, Singapore, Taiwan, China, (the “Four Tigers”) Japan and the newly industrialised economies (NIEs) of south-east Asia, Indonesia, Malaysia, and Thailand. The eigh...
The manager of Quality Parts Company has been contemplating installing an automated ordering system to help control inventories and to "keep the skids filled." (She feels that two days of work in front of a workstation motivates the worker to produce at top speed.) She is also planning to add three inspectors to clean up the quality problem. Further, she is thinking about setting up a rework line to speed repairs. Although she is pleased with the high utilization of most of her equipment and ...
The article Digital Technology and Institutional Change from the Gilded Age to Modern Times: The Impact of the Telegraph and the Internet describes the difficulties that exist when trying to create an accurate economic model showing responses to new, economy changing, technologies. The author Ronnie Phillips mainly focuses on institutional economics and, by showing the history of other technological advances, the need for institutional analysis. He explains how the challenge is to explain soc...
ABSTRACT This work provides empirical evidence on the effect pension reforms have on the Nigerian capital market. Using data spanning 2004-2014 and a five variable model, market capitalization was regressed on total pension assets, number of workers registered on pension scheme, GDP per capita, and turnover ratio. Total pension assets and number of workers registered on pension scheme were employed as proxies for pension reform. Results from the Ordinary Least Square (OLS) estimation as well ...
INTRODUCTION: This report presents a quantitative desk analysis on secondary data sieved from materials such as Deep Dive Report, STS Baseline Studies, Unicef Report 2013 and Product Prototype Report of Water Easy Toilet (WET) to establish the potential sales and suppliers’ revalidation in Enugu, Ekiti and Jigawa State. This report presents detailed actual situational analysis of the existing suppliers and other prospective sanitation businesses in Ekiti and Enugu States. The repor...
EVOLUTION OF MICROECONOMICS Microeconomics is the study of the behaviour of individuals and small impacting organisations in making decisions on the allocation of limited resources. The modern field of microeconomics arose as an effort of neoclassical economics school of thought to put economic ideas into mathematical mode.