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

Masudul Alam Choudhury

Chapter 8 in Methodological Dimension of Islamic Economics, 2019, pp 239-273 from World Scientific Publishing Co. Pte. Ltd.

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

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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