THE IMPACT OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA

ABSTRACT

This extended essay examine the Impact of monetary policy in controlling inflation. The ways of combating inflation identified were through monetary policy open market operation (OMO), moral suation, minimum requirement, interest rate cash reserve requirement (CRR) liquidity ratio etc and fiscal policy approach-taxes, government expenditure and borrowing. The essay however discovers that combating inflation using either the monetary or fiscal policy approach is highly uncertain. The result may vary tremdously according to the level of economic development in a

country among other factors.

TABLE OF CONTENTS

Title page - - - - - - -- - - - i

Declaration - - - - - - - - - ii

Approval page- - - - - - - - - - iii

Dedication - - - - - - - - - iv

Acknowledgement - - - - - - - - v

Abstract - - - - - - - - - - vi

Table of content - - - - - - - - vii

CHAPTER ONE

1.0 Introduction - - - - - - - - 1

1.1 Background of the Study - - - - - - 2

1.2 Objectives of the study

1.3 Significance of the study - - - - - 6

1.4 Scope of the study - - - - 7

1.5 Limitation

1.6 Definition of terms - - - - - 8

CHAPTER TWO

Literature review- - - - - - - - 12

2.0 Introduction

2.1 Review of trend of though - - - - 14

2.2 Models/Theories or relevant concept

2.3 Current literature

2.4 Monetary policy instrument in curbing inflation

2.5 Summary

CHAPTER THREE

3.0 Introduction

5.1 Summum

5.2 Conclusion

5.3 Recommandations

References

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APA

YWH9nGq5c0006a088b224.87258818, C. (2018). THE IMPACT OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA. Afribary. Retrieved from https://beta.afribary.com/works/the-impact-of-monetary-policy-in-controlling-inflation-in-nigeria-7444

MLA 8th

YWH9nGq5c0006a088b224.87258818, CXRbMXY5c0006a08804a6.07849201 "THE IMPACT OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA" Afribary. Afribary, 29 Jan. 2018, https://beta.afribary.com/works/the-impact-of-monetary-policy-in-controlling-inflation-in-nigeria-7444. Accessed 24 Apr. 2025.

MLA7

YWH9nGq5c0006a088b224.87258818, CXRbMXY5c0006a08804a6.07849201 . "THE IMPACT OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA". Afribary, Afribary, 29 Jan. 2018. Web. 24 Apr. 2025. < https://beta.afribary.com/works/the-impact-of-monetary-policy-in-controlling-inflation-in-nigeria-7444 >.

Chicago

YWH9nGq5c0006a088b224.87258818, CXRbMXY5c0006a08804a6.07849201 . "THE IMPACT OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA" Afribary (2018). Accessed April 24, 2025. https://beta.afribary.com/works/the-impact-of-monetary-policy-in-controlling-inflation-in-nigeria-7444

THE IMPACT OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA

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