Comparative Economic Theory

1. Front Matter

   Pages i-xvi

   PDF

2. Comparative Political Economy: Methodological Questions

   1. Front Matter

      Pages 1-1

      PDF

   2. New Visions: The Future Global Order

      • Masudul Alam Choudhury

      Pages 3-20

   3. The Process Centred World View

      • Masudul Alam Choudhury

      Pages 21-26

   4. Globally Interactive Systems

      • Masudul Alam Choudhury

      Pages 27-54

   5. From Economics to Political Economy: A Study of Methods

      • Masudul Alam Choudhury

      Pages 55-78

3. Microeconomic Perspectives with Postscripts

   1. Front Matter

      Pages 79-79

      PDF

   2. Consumer Demand

      • Masudul Alam Choudhury

      Pages 81-99

   3. Consumer Utility Function

      • Masudul Alam Choudhury

      Pages 101-113

   4. Pricing Theory of the Firm in Perfect Competition

      • Masudul Alam Choudhury

      Pages 115-128

   5. Production Function

      • Masudul Alam Choudhury

      Pages 129-144

   6. Monopoly and Imperfect Competition

      • Masudul Alam Choudhury

      Pages 145-159

   7. Market Failure Due to Public Goods and Externalities

      • Masudul Alam Choudhury

      Pages 161-172

4. Macroeconomic Perspectives with Postscripts

   1. Front Matter

      Pages 173-173

      PDF

   2. Macroeconomics and Economic Equilibrium

      • Masudul Alam Choudhury

      Pages 175-194

   3. Distribution of Income

      • Masudul Alam Choudhury

      Pages 195-210

   4. Generation of National Output

      • Masudul Alam Choudhury

      Pages 211-224

   5. Economic Growth

      • Masudul Alam Choudhury

      Pages 225-233

   6. Saving and Consumption Functions

      • Masudul Alam Choudhury

      Pages 235-252

   7. Investment Function

      • Masudul Alam Choudhury

      Pages 253-264

Comparative Economic Theory: Occidental and Islamic Perspectives seeks first to elucidate the nature and methodology of Islamic political economy as a process-oriented social economy guided by its cardinal epistemology of Oneness of God (Divine Unity). From this premise is then derived the episteme of unification of knowledge upon which is developed the methodological content of an extremely interactive, integrative and revolutionary world-view of political economy and a meta-theory of the socio-scientific order. Secondly, while laying out the building blocks of Islamic political economy and its much wider methodological implication for the socio-scientific order, this book offers a comparative study of occidental thought in the same areas. Thirdly, topics of microeconomics and macroeconomic theory are covered. This book concludes with chapters on methodology and an analytical postscript to show how the interactive, integrative and evolutionary world-view of knowledge-induced systems described by the Islamic political economy presents new visions of scientific thinking.

• Macroeconomics
• Marx
• Revolution
• economics
• economy
• equilibrium
• general equilibrium
• microeconomics
• theory of the firm

Policies and ethics