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Principles of Islamic economics

Bibliographic Data

ID10280264
AuthorsMasudul Alam Choudhury (0000-0002-7824-9514, corresponding author)
Year1983
Volume19
Issue1
Pages93-103
Publication date1983-01-01
Open AccessNo
TypeARTICLE
VenueMiddle Eastern Studies (JOURNAL)
Journal identifiersISSN: 0026-3206 • E-ISSN: 1743-7881
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/00263208308700535
OpenAlexW3194215847
LanguageEN
Citations received7
References cited1

The objective of economic analysis has changed significantly since the nineteenth century. One can associate three major foci of development in it.1 In the first half of the nineteenth century economic analysis was concerned with the problem of distribution. After 1870 it became concerned with the problem of optimal allocation of resources among competing ends. Finally, since the rebirth of macroeconomic theory in the hands of Keynes, economic science has concerned itself with the problems of economic policy relating to employment, the generation of aggregate demand for goods and services and price stabilisation. In short, modern economics has been preoccupied by the idea of one goal — the satisfaction of the economic man, Marshall’s homo economicus, based on total, free and perfect competition

Aggregate demand · Classical economics · Competition (biology · Distribution (mathematics · Economic analysis · Economic science · Economics · Homo economicus · Islam · Islamic economics · Macroeconomics · Monetary policy · Neoclassical economics · Positive economics · Islamic Finance and Banking Studies · Islamic Studies and History · Philosophy

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Citations per year0.39
Citation span2008 - 2024 (17)
Highly citedNo

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