An Islamic Approach to the Theory of Consumer Demand

Masudul Alam Choudhury
Additional contact information
Masudul Alam Choudhury: University College of Cape Breton

Chapter 2 in Contributions to Islamic Economic Theory, 1986, pp 23-32 from Palgrave Macmillan

Abstract: Abstract The theory of consumer demand is steeped in the postulate of economic rationality. This postulate states that, of all the consumption alternatives available to an individual, he chooses the one that maximises his gains. The same concept of economic rationality is extended to the case of the producer and the organisation as decision-makers.

Keywords: Utility Function; Demand Curve; Consumer Demand; Islamic State; Islamic Society (search for similar items in EconPapers)
Date: 1986
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07728-1_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349077281

DOI: 10.1007/978-1-349-07728-1_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().