Introduction to Economics & Islamic Economics
About This Course
MEET YOUR INSTRUCTOR
Dr. Monzer Kahf
Islamic Economics & Finance Dept., Istanbul Zaim University
COURSE OVERVIEW
This course by Prof. Monzer Kahf introduces the participants to the fields of Economics and Islamic Economics. It explains all about the frameworks and basic concepts such as but not limited to: What is Economics? What is Political Economics? What is scarcity and what is the definition of “Mal” (i.e. money)? What is GDP? What is wealth and what is Added Wealth?
It explores economic activity in Islamic Thought as well as the various sources of economic studies. The fundamentals of Islamic Economics have been tackled here as well as the concept of ownership in both conventional economics and Islamic economics.
In addition, Prof. Monzer sheds light on the distribution of wealth and income; compares Islamic Banking to Conventional Banking while emphasizing the many advantages of Islamic Banking, and he concludes by showing how Islamic Finance can solve contemporary economic problems.
Curriculum
Unit 1 – Introduction
Introduction 00:4:43
Unit 2 – Frameworks & Basic Concepts
Unit 3 – Economic Activity in the Islamic Thought
Unit 4 – Sources of Economic Studies
Unit 5 – Fundamentals of Islamic Economics
Unit 6 – Ownership in Economics & Islamic Economics
Unit 7 – Distribution of Wealth & Income
Unit 8 – Islamic vs. Conventional Banking
Unit 9 – Advantages of Islamic Banking
Unit 10 – How Can Islamic Finance Solve Contemporary Economic Problems?
Your Instructors
Dr. Monzer Kahf
Professor of Islamic Finance & Economics