Understanding Macroeconomics for Islamic Economic Development

Authors

  • Muhammad Alashari

Keywords:

Organizational Psychology, consumer, Islam, Shariah, Muslim, welfare, debt, GDP, immigration, human capital, Iran, China, sanctions, export, import, economic growth, currency, inflation, deflation, exchange rate, macroeconomics, human capital

Abstract

This paper discussed modern macroeconomics vis-à-vis Islamic economics. A description is given of the relevant macroeconomic fields under relevant headings and then discussed, scrutinized and Islamic perspective offered. The paper believed that capitalist macroeconomy is unsustainable and detrimental to human welfare and environment and that Islamic model is the best model to sustain human welfare, environment and economic growth and the only option we have to replace capitalist system of economy.

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Published

2020-12-15

How to Cite

Alashari, M. (2020). Understanding Macroeconomics for Islamic Economic Development. Journal of Organizational Psychology, 20(6). Retrieved from https://articlearchives.co/index.php/JOP/article/view/4670

Issue

Vol. 20 No. 6 (2020)

Section

Articles