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Macroeconomic Theory in Mainstream and Tawhidi Islamic Economic (TIE) Perspectives

In: Methodological Dimension of ISLAMIC ECONOMICS

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  • Masudul Alam Choudhury

Abstract

The following sections are included:Nature of macroeconomic analysisGeneral flows of goods and services according to macroeconomics with ethical valuationCritical issues of consumption, savings, and investment functionsExercise 1Further extensions of the problems of sustainability of the Keynesian general equilibriumGeneralized system model of evolutionary ethico-economic equilibrium in TIEApplications of Differential Evolution in Chemical EngineeringThe form of the generalized model of evolutionary system learning in aggregative TIEExercise 2Exercise 3Adverse effect of bank-savings on potential real outputThe nature of the generalized system of evolutionary equilibrium modelThe example of generalized system of evolutionary equilibrium model in the vector of variables, (θ, Z, Tr, y, r/i)[θ]Exercise 4Exercise 5ConclusionReferences

Suggested Citation

  • Masudul Alam Choudhury, 2019. "Macroeconomic Theory in Mainstream and Tawhidi Islamic Economic (TIE) Perspectives," World Scientific Book Chapters, in: Methodological Dimension of ISLAMIC ECONOMICS, chapter 8, pages 239-273, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813276024_0008
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    Keywords

    Epistemic and Economics; Economic Theory; Economic Analysis; Applications; Comparative Economics;
    All these keywords.

    JEL classification:

    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • N01 - Economic History - - General - - - Development of the Discipline: Historiographical; Sources and Methods
    • P26 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Property Rights

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