The Analytics of the Islamic Macroeconomic System

Masudul Alam Choudhury
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Masudul Alam Choudhury: University College of Cape Breton

Chapter 6 in The Principles of Islamic Political Economy, 1992, pp 157-190 from Palgrave Macmillan

Abstract: Abstract The purpose of this chapter is to set up the theoretical foundations of the Islamic macroeconomic system. From the formalisation of the macroeconomic order we will evolve the study of the expenditure and monetary sectors as part of our goal of studying the Islamic financial sector.

Keywords: Money Supply; Social Welfare Function; Money Demand; Profit Sharing; Apply Perspective (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-22439-5_7

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DOI: 10.1007/978-1-349-22439-5_7

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