Introduction to Islamic Econom (Hardcover)

· 제목 : Introduction to Islamic Econom (Hardcover) 
· 분류 : 외국도서 > 경제경영 > 경제학/경제일반 > 경제일반
· ISBN : 9781118732960
· 쪽수 : 256쪽
· 출판일 : 2015-02-09

Acknowledgments xi

About the Authors xiii

CHAPTER 1

Economic Systems 1

What Is an Economic System? 2

Current State of the Global Economic System 9

Islamic Economics Paradigm 19

Short History of Economic Thought in Islam 20

Summary 26

Key Terms 27

Questions 27

CHAPTER 2

Foundation of the Islamic Economic Paradigm 29

Meta-Framework and Archetype of Economic Rules 31

Implications of the Agent-Trustee Relationship 33

Significance of Rule Compliance 34

Impact of Scarcity 35

Rationality and Freedom of Choice 38

Individual Obligations, Rights, and Self-Interest 39

Central Notion of Justice 41

Shariah: The Law 44

Summary 47

Key Terms 47

Questions 48

CHAPTER 3

Institutional Framework and Key Institutions 49

Key Institutions 53

Summary 72

Key Terms 72

Questions 73

CHAPTER 4

The Islamic Economic System 75

Social and Economic Justice 76

Prohibition of Interest (Al-Riba) 81

Risk-Sharing Economic System 84

Role of the State 91

Summary 93

Key Terms 94

Questions 94

CHAPTER 5

Key Microeconomic Concepts 95

Defining Microeconomics 97

Issue of Needs versus Wants 100

Consumer Behavior 102

Theory of the Firm 105

Dynamics of Demand and Supply 112

Efficiency versus Equity 116

Market Models 117

Role of the State 121

Summary 123

Key Terms 124

Questions 124

CHAPTER 6

Key Macroeconomics Concepts 125

Principal Economic Agents 126

National Income 127

Consumption, Savings, Investment, and National Incomec Determination 135

National Income and Output Determination 143

Inflation 148

Unemployment 152

Open Economy: Trade in Goods and Services with Other Countries 154

Why International Trade Is So Central to Islam 156

Summary 162

Key Terms 163

Questions 164

CHAPTER 7

Macroeconomic Equilibrium: Characteristics of an Islamic Economy 165

Models of an Interest-Free Economy 166

Summary 184

Key Terms 185

Questions 185

CHAPTER 8

The Financial System 187

Notion of Risk Sharing 190

Building Blocks of the Islamic Financial System 191

Takaful (Islamic Insurance) 210

Summary 216

Key Terms 217

Questions 217

CHAPTER 9

Role of the State and Public Policy 219

Basic Roles of the State in All Economic Systems 220

Role of the State in the Islamic Economic System 224

Policy Instruments of the State in Islam 228

Economic Justice and Public Policy 230

Role of Public Policy 232

Summary 243

Key Terms 244

Questions 244

CHAPTER 10

Fiscal Policy 247

Role of Fiscal Policy 250

Fiscal Policy in an Islamic Economy 254

Public Finance 259

Summary 267

Key Terms 268

Questions 268

CHAPTER 11

Monetary Policy 271

Role of Monetary Policy 272

Monetary Policy in an Islamic Economy 277

Summary 303

Key Terms 304

Questions 305

CHAPTER 12

Economic Development and Growth 307

Evolution ofWestern Economic Thought: From Smith to North and Sen 307

Foundation and Framework of Development and Growth in Islam 312

Islamic Perspective on Financial Inclusion 322

Summary 330

Key Terms 331

Questions 331

CHAPTER 13

Economic and Social Welfare 333

Social Safety Net Provisions 335

Concept of Safety Net and Welfare 337

Empirical Evidence on SocialWelfare from Select Muslim Countries 339

Summary 359

Key Terms 360

Questions 360

CHAPTER 14

Economic State of Affairs in OIC Countries 361

Public Policy in the Islamic Economic System 362

Dimensions of Economic and Social Achievements in Muslim Countries 364

Summary 372

Key Terms 373

Questions 373

Glossary of Arabic Terms 375

Bibliography 381

Index 393