ANALISIS PENGARUH KEBIJAKAN MONETER TERHADAP PERTUMBUHAN EKONOMI TAHUN 2010 – 2020

Abstract

ABSTRACT RAHMA ISYA, NPM: 71190311034, Title: MONETARY POLICY ANALYSIS OF ECONOMIC GROWTH IN INDONESIA 2010 – 2020, Supervised by Ms. Dr.Milla Naeruz.SE.M.Si as advisor I and Mr. M.Sahnan.SE.,MM as advisor II, Thesis: 2023 This study is entitled an analysis of monetary policy on economic growth in Indonesia in 2010 – 2020. The purpose of this study is to determine the effect of inflation, interest rates, the money supply on economic growth. In this study, secondary time series data were used for the period 2010 – 2020 sourced from the Central Bureau of Statistics, Bank Indonesia, and the Ministry of Finance. The method used is a quantitative method. The results of this study indicate that based on the t-test variable X1 (inflation) is not significant to variable Y (economic growth) and has a negative effect. Variable X2 (interest rates) is not significant to variable Y (economic growth) and has a negative effect. Variable X3 (money supply) is significant to variable Y (economic growth) and has a significant influence. Based on the results of the F test results of processing the data, that F count > F table or 4.504 > 2.798. So it is known that in the F test it can be concluded that the hypothesis is accepted or in other words inflation (X1), interest rates (X2) and the total money supply (X3) simultaneously affect economic growth (Y). And based on the R2 test, the R square value is 0.827, which means that the variable has an effect of 82.7%. Keywords: Monetary Policy, Inflation, SBI Interest Rate, Money Supply, Economic Growth