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" Introduction to Islamic economics : "
Hossein Askari, Zamir Iqbal, Abbas Mirakhor
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BL
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| Record Number
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640983
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| Doc. No
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dltt
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| Main Entry
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Askari, Hossein
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| Title & Author
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Introduction to Islamic economics : : theory and application /\ Hossein Askari, Zamir Iqbal, Abbas Mirakhor
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| Series Statement
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Wiley finance
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| Page. NO
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xiii, 256 pages :: illustrations ;; 24 cm
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| ISBN
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9781118732960
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: 1118732960
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| Bibliographies/Indexes
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Includes bibliographic references (pages 381-391) and index
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| Contents
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Chapter 1. Economic systems -- What is an economic system? -- Current state of the global economic system -- Islamic economics paradigm -- Short history of economic thought in Islam -- Chapter 2. Foundation of the Islamic economic paradigm -- Meta-framework and archetype of economic rules -- Implications of the agent-trustee relationship -- Significance of rule compliance -- Impact of scarcity -- Rationality and freedom of choice -- Individual obligations, rights, and self-interest -- Central notion of justice -- Shariah: the law -- Chapter 3. Institutional framework and key institutions -- Key institutions -- Chapter 4. The Islamic economic system -- Social and economic justice -- Prohibition of interest (Al-Riba) -- Risk-sharing economic system -- Role of the state -- Chapter 5. Key microeconomic concepts -- Defining microeconomics -- Issue of needs versus wants -- Consumer behavior -- Theory of the firm -- Dynamics of demand and supply -- Efficiency versus equity -- Market models -- Role of the state -- Chapter 6. Key macroeconomic concepts -- Principal economic agents -- National income -- Consumption, savings, investment, and national income determination -- National income and output determination -- Inflation -- Unemployment -- Open economy: trade in goods and services with other countries -- Why international trade is so central to Islam -- Chapter 7. Macroeconomic equilibrium: characteristics of an Islamic economy -- Models of an interest-free economy -- Chapter 8. The financial system -- Notion of risk sharing -- Building blocks of the Islamic financial system -- Takaful (Islamic insurance) -- Chapter 9. Role of the state and public policy -- Basic roles of the state in all economic systems -- Role of the state in the Islamic economic system -- Policy instruments of the state in Islam -- Economic justice and public policy -- Role of public policy -- Chapter 10. Fiscal policy -- Role of fiscal policy -- Fiscal policy in an Islamic economy -- Public finance -- Chapter 11. Monetary policy -- Role of monetary policy -- Monetary policy in an Islamic economy -- Chapter 12. Economic development and growth -- Evolution of Western economic thought: from Smith to North and Sen -- Foundation and framework of development and growth in Islam -- Islamic perspective on financial inclusion -- Chapter 13. Economic and social welfare -- Social safety net provisions -- Concept of safety net and welfare -- Empirical evidence on social welfare from select Muslim countries -- Chapter 14. Economic state of affairs in OIC countries -- Public policy in the Islamic economic system -- Dimensions of economic and social achievements in Muslim countries
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| Subject
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Economics-- Islamic countries
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| Subject
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Economics-- Religious aspects-- Islam
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| Subject
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Islam-- Economic aspects
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| Dewey Classification
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330.0917/671
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| LC Classification
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HB126.4.A85 2015
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| Added Entry
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Iqbal, Zamir
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Mirakhor, Abbas
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