Dual Theories of the Firm

Masudul Alam Choudhury

Chapter 7 in Methodological Dimension of Islamic Economics, 2019, pp 199-238 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The general theory of evaluation of the objective function of wellbeing (maslaha) in the light of the epistemology of unity of knowledge with maqasid-choices and using the method of circular causation has been laid down in the previous chapters. The same method and the underlying idea meeting the Tawhidi analytical methodology has also been particularized for special problems of economics. Therefore, the building blocks of this theory will not be treated henceforth. What will be accomplished is the application of the Tawhidi theory of unity of knowledge with the method of evaluation of the wellbeing function subject to circular causation relations…

Keywords: Epistemic and Economics; Economic Theory; Economic Analysis; Applications; Comparative Economics (search for similar items in EconPapers)
JEL-codes: F63 N01 P26 P51 (search for similar items in EconPapers)
Date: 2019
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