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AN EMPIRICAL ANALYSIS OF THE IMPACT OF MONETARY POLICY ON ECONOMIC DEVELOPMENT IN NIGERIA (1985–2011)

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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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