Class notes
Class notes ISB 551 Islamic Economics: Principles and Analysis
Good luck in Islamic Economic (ISB 551) Love from student ISBA new syllabus
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
Seller
Follow
Content preview
ISLAMIC MACROECONOMICSFISCAL POLICY
, FISCAL POLICY
Fiscal policy is the use of government expenditures and
revenues to help nations achieve desirable macroecono
objectives.
It involves deliberate or automatic changes in governm
spending levels and taxation to stimulate aggregate de
and economic activity levels.
Classical economists assert that markets function best w
minimal government intervention. It was suggested tha
markets would generally regulate themselves when free
coercion
, FISCAL POLICY
FRAMEWORK
Most of scholars agree that there are no objection
use of fiscal policy to fulfil macroeconomics goals
Objectives of fiscal policy in an Islamic economy d
from those in conventional economies
Framework of fiscal policy in Islamic economy m
reflect the philosophical foundations of Islam –
attention to a more holistic nature of well-being -
material and spiritual
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Qonly. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67866 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now