020323200 INTRODUCTION TO ISLAMIC MACROECONOMICS THEORY ( 3 Crd.Hrs )

Pre-Requisites : 020311010

The purpose of this course is the analysis of the change in macroeconomic factors under Islamic rulings and values; the most important of these factors are: consumption, investment, aggregate demand and aggregate supply, in addition to balance and Islamic employment theory in a non-interest-bearing zakat economy. Additionally, this course discusses inflation in terms of its most important causes, possibilities of occurrence and handling using Islamic economic rules. Moreover, the course covers business cycles, their causes and consequences, Islamic assessment, financial and monetary policies in an Islamic economy, assessment of position tools and development of Islamic tools.