Our Archives

Call 08068929770 or 08122972656 for any enquiries.

Project Topic:

THE RELATIONSHIP BETWEEN MONEY SUPPLY AND LEVEL OF NATIONAL INCOME IN NIGERIA

Project Information:

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 35 ::   Attributes: Data Analysis, abstract, table of content
::   167 people found this useful

Project Body:

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.

TABLE OF CONTENT

CHAPTER ONE

1.0              Introduction

1.1       Background of the study

1.2              Statement of the problem

1.3              Objective of the study

1.4              Significance of the study

1.5              Limitation of the study

1.6              Definition of terms

CHAPTER TWO

2.0              Review of related literature

2.1       Theoretical literatures

2.2              The quantity theory of  money

2.3              Objective of the monetarist theory

2.4              Effect of an increase in money supply

2.5              Empirical literature

2.6              Factors that influence the level of money supply in an economic

CHAPTER THREE

3.0              Research design and methodology

3.1       Sources of data

3.2       Location of the data

3.3              Methods of data collection

 

CHAPTER FOUR

4.0              Findings

CHAPTER FIVE

5.0              Conclusion

5.1       Recommendations

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.

1.2              STATEMENT 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.

1.3              OBJECTIVE 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.

1.4              SIGNIFICANCE OF STUDY

This research work on the relationship between money supply and the level of national income in Nigeria would be of immense value t the central bank of Nigeria (CBN). The result of the research would enable the central ban of Nigeria to reform it’s primary function more effectively especially of regulating the amount of money in circulation.

This research work would enable the CBN to successfully and most efficiently carry on this function in accordance with the prescribed goals, aims or objectives of the government.

Moreover, Nigeria government or the ministry of finance, policy makers and even other researcher has a lot to gin from this research. It would also benefit students, scholars and the generality of the people who offer going through the various views and theories about the role of money supply on the economic achieving.

1.5              DEFINITION OF TERMS

Money supply simply means the total amount of money in the economy at a given point in time.

National income is the sum of all payments to factor of production. It includes compensation of employees, rent, interest and profit. It is also known as Gross National product (GNP) or Gross Domestic product (GDP).

In the other hands, National income is defined as collective wealth of a nation.

Project Department:

MORE BANKING AND FINANCE FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS


Get The Complete Project »

Instantly Share this Project On Social Media:

CLOSELY RELATED BANKING AND FINANCE FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS

A CRITICAL ANALYSIS ON THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 72 ::   Attributes: Questionnaire, Data Analysis  ::   296 engagements

ABSTRACT This project work is carried out to examine the contribution of micro finance banks to the development of Small and medium scale enterprises in Nigeria. The Brass micro finance bank is used a...Continue reading »

A STUDY ON THE ACCEPTANCE AND ADOPTION OF THE CBN CASHLES POLICY IN PORT HARCOURT, NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 76 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   226 engagements

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY One of the prerequisites for the development of national economy according to Ajayi et al, 2006 is by encouraging a payment system that is secu...Continue reading »

A STUDY ON THE IMPACT OF BUDGETARY CONTROLS ON THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIDELITY BANK PLC)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 80 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   233 engagements

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY AND PROFILE OF THE ORGANIZATION Following the uncertainties prevailing in the Nigerian business environment today, managers and stakeholders mu...Continue reading »

ANALYZING PERFORMANCE APPRAISAL TECHNIQUES IN UNION BANK NIG PLC

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   693 engagements

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY In any evaluation of the condition necessary for the growth and survival of an organization, the role of performance appraisal is a strategic f...Continue reading »

AUDIT INDEPENDENCE: ENHANCING ACCOUNTABILITY AND TRANSPARENCY IN CORPORATE ORGANIZATIONS

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 71 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   241 engagements

CHAPTER ONE INTRODUCTION 1.1. Background of the study The subject of transparency and accountability in modern day corporate organizations has continued to receive attention as never before. It has b...Continue reading »

CREDIT MANAGEMENT AND ISSUES OF BAD DEBTS IN COMMERCIAL BANKS IN NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 68 ::   Attributes: Questionnaire, Data Analysis,Abstract

The article on this topic (credit management and issues of bad debts in commercial banks in Nigeria) is an extract from literature review of the project material. The complete project work would be ma...Continue reading »

What are you looking for today?

TESTIMONIALS:

  • 1. Rita Eze from abia state university said "thank you so much for your sincerity; i will tell my friends about you guys.".
    Rating: Very Good
  • 2. JULIET from UNIMAID said "I THANK YOU GUYS FOR BEING HONEST.....I WILL TELL MY FRIENDS ABOUT YOU GUYS. THANKX SO MUCH".
    Rating: Excellent
  • 3. Lilian Terdoo from BSU said "i have nothing to say but thanx for being honest. i appreciate u guys...".
    Rating: Very Good
  • 4. Demien Johnson from UNN said "Uniprojectmaterials is a blessing to researchers. my job was eased up by you guys. your jobs have good quality and was delivered on time to me. Thanks a million times".
    Rating: Very Good
  • 5. Patience from unilag said "i was having difficulties handling my dissertation of 12000 words. until i stumbled on uniprojectmaterials, my work was ready in three days with high quality write up and excellent data analysis, i will tell all my friends about u guys. Mr Donald is a very nice person, he should be in charge of the phone. he attended to me very well. God bless. ".
    Rating: Excellent
  • 6. James Ike from College of Education, Gindiri said "Great delivery. Una dey try wella!!!".
    Rating: Excellent

Paper Information

Format:ms word
Chapter:1-5
Pages:35
Attribute:Data Analysis, abstract, table of content
Price:₦3,000
Get The Complete Project »

Best Selling Projects

Our Archives