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Introduction to Islamic Economics Theory and Application.

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Bibliographic Details
Online Access: Full Text (via ProQuest)
Main Author: Askari, Hossein
Format: Electronic eBook
Language:English
Published: Newark : John Wiley & Sons, Incorporated, 2015.
Series:New York Academy of Sciences Ser.
Table of Contents:
  • Intro
  • Series Page
  • Title Page
  • Copyright
  • Dedication
  • Acknowledgments
  • About the Authors
  • 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
  • Summary
  • Key Terms
  • Questions
  • 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
  • Summary
  • Key Terms
  • Questions
  • Chapter 3: Institutional Framework and Key Institutions
  • Key Institutions
  • Summary
  • Key Terms
  • Questions
  • Chapter 4: The Islamic Economic System
  • Social and Economic Justice
  • Prohibition of Interest (Al-Riba)
  • Risk-Sharing Economic System
  • Role of the State
  • Summary
  • Key Terms
  • Questions
  • 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
  • Summary
  • Key Terms
  • Questions
  • Chapter 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
  • Summary
  • Key Terms
  • Questions
  • Chapter 7: Macroeconomic Equilibrium: Characteristics of an Islamic Economy1
  • Models of An Interest-Free Economy
  • Summary
  • Key Terms
  • Questions
  • Chapter 8: The Financial System
  • Notion of Risk Sharing
  • Building Blocks of the Islamic Financial System
  • Takaful (Islamic Insurance)
  • Summary
  • Key Terms
  • Questions
  • 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
  • Summary
  • Key Terms
  • Questions
  • Chapter 10: Fiscal Policy
  • Role of Fiscal Policy
  • Fiscal Policy in an Islamic Economy
  • Public Finance
  • Summary
  • Key Terms
  • Questions
  • Chapter 11: Monetary Policy
  • Role of Monetary Policy
  • Monetary Policy in an Islamic Economy
  • Summary
  • Key Terms
  • Questions
  • Chapter 12: Economic Development and Growth
  • Evolution of Western Economic Thought: From Smith to North and Sen1
  • Foundation and Framework of Development and Growth in Islam
  • Islamic Perspective on Financial Inclusion
  • Summary
  • Key Terms
  • Questions
  • Chapter 13: Economic and Social Welfare
  • Social Safety Net Provisions
  • Concept of Safety Net and Welfare

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