- 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. IMPACT OF CORPORATE GOVERNANCE ON DEPOSIT MONEY BANKS FINANCIAL PERFORMANCE IN NIGERIA
» Abstract This study is aimed at examining the impact of Corporate Governance on the performance of banks in Nigeria, attention was given to Zenith Ban...Continue Reading »Item Type & Format: Project Material - Ms Word | 68 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
2. EFFECT OF TRAINING AND DEVELOPMENT ON THE PERFORMANCE OF BANK EMPLOYEES IN NIGERIA (A CASE STUDY OF UNION BANK)
» Abstract Training in an organization generally serves as a pathfinder to development. It is through training that the employee’s skills can be d...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
3. THE IMPACT OF FINANCIAL STATEMENT ANALYSIS ON PERFORMANCE IN THE BANKING INDUSTRY
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY With the existence of so many banks and establishment of new ones into the banking industry, the ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
4. EFFECT OF GOVERNMENT POLICY ON COMMERCIAL BANKS LENDING ABILITY (A CASE STUDY OF UNION BANK DELTA STATE)
» CHAPTER ONE 1.0 INTRODUCTION This chapter deals with the back ground of the study, statement of problems, objectives of the study, research question, ...Continue Reading »Item Type & Format: Project Material - Ms Word | 62 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
5. HUMAN CAPITAL MANAGEMENT IN NIGERIAN DEPOSIT MONEY BANKS
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study There are many arts among men, the knowledge of which is acquired bit by bit by experience. For i...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
6. DETERMINANTS OF COMPENSATION SYSTEMS AMONG COMMERCIAL BANKS IN KENYA
» CHAPTER ONE INTRODUCTION 1.1 Background information In any profit oriented organization, employment relationship is seen as an exchange process where ...Continue Reading »Item Type & Format: Project Material - Ms Word | 58 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
7. A STUDY ON THE ACCEPTANCE AND ADOPTION OF THE CBN CASHLES POLICY IN PORT HARCOURT, NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY One of the prerequisites for the development of national economy according to Ajayi et al, 2006 i...Continue Reading »Item Type & Format: Project Material - Ms Word | 76 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
8. THE IMPACT OF MICROFINANCE BANKS ON ECONOMIC GROWTH OF NIGERIA
» CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY It would be observed that, despite the presumed developments in the Nigerian economy, the cou...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
9. ASSESSMENT OF THE IMPLICATION OF ELECTRONIC BANKING IN NIGERIA BANKS (A CASE STUDY OF DIAMOND BANK)
» CHAPTER ONE 1.1 BACKGROUND OF THE STUDY Before the emergence of modern banking system, banking operation was manually done which lead to a slow down i...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
10. THE EFFECTIVENESS AND CHALLENGES OF CBN CASHLESS POLICY ON RURAL BUSINESS DEVELOPMENT
» CHAPTER ONE INTRODUCTION 1.1 Background of the study The financial system of any economy is responsible for mobilizing savings for productive investme...Continue Reading »Item Type & Format: Project Material - Ms Word | 57 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT