Course Economics Macro Islam

This course will provide an explanation to students about the concepts of Microeconomics and Macroeconomics, understand National Income in an Islamic Economic Approach, describe a closed economy without government policy, describe a closed economy with government policy, Describe the History of Money, analyze the IS-LM balance with an Islamic economic approach , analyzing economic balance using the aggregate demand and supply approach and analyzing inflation theory from an Islamic perspective and understanding the concept of monetary policy in Islam. Apart from that, this course also provides an understanding of the concept of fiscal policy in Islam, understanding the concept of the government as the Mother of all markets and understanding the concept of the government as a big saver, big buyer and big investor.

Program Objectives (PO)