Introduction to Islamic economics : theory and application /
Gain deeper insight into the principles and theory of Islamic economics Introduction to Islamic Economics: Theory and Application provides an overview of the organizing principles and fundamentals of an Islamic economy. With deep discussion of the characteristics, rationale, key institutions, object...
Κύριοι συγγραφείς: | , , |
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Μορφή: | Ηλ. βιβλίο |
Γλώσσα: | English |
Έκδοση: |
Singapore :
John Wiley & Sons Singapore,
[2015]
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Σειρά: | Wiley finance series.
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Θέματα: | |
Διαθέσιμο Online: | Full Text via HEAL-Link |
Πίνακας περιεχομένων:
- Introduction to Islamic Economics: Theory and Application; Contents; Acknowledgments; About the Authors; 1. Economic Systems; What Is an Economic System?; Traditional Economic Systems; Pure Market (Capitalist) Economic System; Mixed Market (Capitalist) Economic System; Mixed Socialist Economic System; Command (Planned) Economic System; Current State of the Global Economic System; Growing Income and Wealth Disparities; Instability of Economic and Financial Systems; Neglect of Human Welfare Dimension of Economic Development; Irrational Assumption of Rational Self-Interest
- Negative Impact on EnvironmentIslamic Economics Paradigm; Short History of Economic Thought in Islam; Summary; Key Terms; Questions; 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; Summary; Key Terms; Questions; 3. Institutional Framework and Key Institutions; Key Institutions; Property
- Contracts and Contractual ObligationsTrust; Markets: The Code of Conduct; Risk Sharing; Wealth Accumulation and Utilization; Wealth Distribution and Redistribution; Work and Work Ethics; Competition and Cooperation; Summary; Key Terms; Questions; 4. The Islamic Economic System; Social and Economic Justice; Equality of Opportunity; Justice in Exchange (Economic Transactions); Distributive Justice; Prohibition of Interest (Al-Riba); Risk-Sharing Economic System; Role of the State; Summary; Key Terms; Questions; 5. Key Microeconomic Concepts; Defining Microeconomics; Issue of Needs versus Wants
- Consumer BehaviorTheory of the Firm; Production Cost; Risk and Profit-Sharing Feature; Dynamics of Demand and Supply; Equilibrium; Role of Markets; Efficiency versus Equity; Market Models; Role of the State; Summary; Key Terms; Questions; 6. Key Macroeconomics 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
- Classical Theories of International TradeImplications of Islamic Teachings for International Trade and Economic Integration; Summary; Key Terms; Questions; 7. Macroeconomic Equilibrium: Characteristics of an Islamic Economy; Models of an Interest-Free Economy; Closed Economy Model; Open Economy Model; Summary; Key Terms; Questions; 8. The Financial System; Notion of Risk Sharing; Building Blocks of the Islamic Financial System; Islamic Banking System; Two-Tier Mudarabah; Two-Windows Model; Wikala Model; Liabilities; Assets