Effects of fluctuation oil price towards consumer / Siti Aishah Mohd Nordin

Mohd Nordin, Siti Aishah (2011) Effects of fluctuation oil price towards consumer / Siti Aishah Mohd Nordin. [Student Project] (Unpublished)

Abstract

Purpose – Fluctuations of oil price and petroleum products have had different effects on great economic variables. The aim of this paper is to investigate the effect of oil price fluctuation on the consumer’s income level, cost of goods and services and consumer inflation in Malaysia.
Design/methodology/approach – The effects of oil volatility and fluctuation give good and bad impacts to consumer. Use exploratory design in order to answer all why and what questions for this study. All data had been run into SPSS software and data was used during the period 1990-2009. Besides that, oil price from Ron97 are used as a sample because it ore fluctuate and depends on global market price.
Findings – While research results support previous studies about the relationship between the consumer’s income levels, cost of goods and services and consumer inflation. There are significant relationship between consumer’s income level, cost of goods and services and oil price. Therefore, the relationship between consumer inflation and oil price is insignificant.
Research limitations/implications – The paper has considered oil price fluctuation on all industries in Malaysia. There a have complication during getting all the data because there are low accuracy of the figure. Besides that, this study will give good implications to other researcher as a reference.
Originality/value – So far, several studies have been conducted in different countries regarding the subject of the study.

Metadata

Item Type: Student Project
Creators:
Creators
Email / ID Num.
Mohd Nordin, Siti Aishah
2009439722
Contributors:
Contribution
Name
Email / ID Num.
Thesis advisor
Zakaria, Shahsuzan
UNSPECIFIED
UNSPECIFIED
Yusoff., Mohd Zahari
UNSPECIFIED
Subjects: H Social Sciences > HB Economic Theory. Demography > Price
H Social Sciences > HB Economic Theory. Demography > Consumption. Demand (Economic theory)
H Social Sciences > HD Industries. Land use. Labor > Petroleum industry and trade
H Social Sciences > HF Commerce > Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling
Divisions: Universiti Teknologi MARA, Johor > Pasir Gudang Campus > Academy of Language Studies
Programme: Bachelor in Business Administration (Hons) Finance
Keywords: Malaysia, Fluctuation Oil Price, Consumer’s Income Level, Cost of Goods and Services, Consumer Inflation
Date: 2011
URI: https://ir.uitm.edu.my/id/eprint/40987
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