Frankly‚ to know more about Islamic economic‚ lets briefly look at differentiation between Islamic economic and conventional economic. The first different is the role of moral values. Basically‚ conventional economics is more concern towards behavior and preferences of individuals as given. However‚ Islamic economics more concern on individual and social improvement throughout the moral elevation. This moral evaluation or known as uplift moral aims to the changes of individual and preferences of
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Definitions; Basic economic problem – Capital capital goods‚ or real capital are those already-produced durable goods that are used in production of goods or services. Command economy – economy where supply and price are regulated by the government rather than market forces Division of labour - Division of labour is the specialization of cooperative labour in specific‚ circumscribed tasks and like roles Enterprise- simply another name for a business. Free market economy - is an economy in
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10:00 10:50 MARMARA UNIVERSITY DEPARTMENT OF ECONOMICS 2013 - 2014 ACADEMIC YEAR SPRING SEMESTER FIRST YEAR 11:00 12:00 13:00 11:50 12:50 13:50 MONDAY SOC 1002 SOCIOLOGY Dr. Zeynep BEŞPINAR A106 TUESDAY 14:00 14:50 15:00 15:50 ECON 1006 RESEARCH METHODS IN ECONOMICS Prof.Dr. Fatma DOĞRUEL A106 ACC 1002 FINANCIAL ACCOUNTING Asst. Prof. Müge SALTOĞLU A106 WEDNESDAY ECON 1002 INTRO. TO ECONOMICS II Prof. Nesrin SUNGUR ÇAKMAK A106 THURSDAY
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Competition Corruption Is a Barrier to Development in Pakistan Syed Izatullah Department of Electronic Engineering BUITEMS Quetta syedizatullah@yahoo.com Outline I. INTRODUCTION 1. What is Corruption? A. The abuse of power for private gain is called corruption B. Corruption is authority plus monopoly minus transferency 2. Corruption in different away of life A. Bribery B. Nepotism C. Fraud D. Embezzlement E. Political Corruption F. Administrative Corruption 3. Causes of Corruption in society
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..........................4 (CAPITILISM ECONOMIC SYSTEM) CHAPTER 3 ...........................................................................11 (SOCIALISM ECONOMIC SYSTEM) CHAPTER 4 ..........................................................................14 (MIXED ECONOMIC SYSTEM) CHAPTER 5 ………..……………………………………………………………….16 (ISLAMIC ECONOMIC SYSTEM) CHAPTER 6 ………..……………………………………………………………….24 (COMPARISON BETWEEN THE ISLAMIC ECONOMIC AND OTHER ECONOMIC SYSTEM) 1. DIIFFERENCE BETWEEN ISLAM
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ECONOMICS conimists- 16th and 17th centuries. hysiocrats (farmers) ercantalists (traders) Father of Economics/ Father of the classical school of economic thought- Adam Smith (In 1776‚ he wrote ’An enquiry into the nature and causes of the Wealth of Nations’) According to Smith‚ self interest was an invisible hand which would work for the common benefit of the community. The Great Depression of 1929 was a phase in which supply exceeded demand. John Maynard Keynes (a British economist)
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and foremost‚ both of these terms mentioned are sub-categories of economics itself. As the names of ‘micro’ and ‘macro’ imply‚ microeconomics facilitates decisions of smaller business sectors‚ and macroeconomics focuses on entire economies and industries. These two economies are mutually dependent‚ and together‚ they develop the strategy for the overall growth of an organization. They are the two most important fields in economics‚ and are necessary for the rise in the economy. Microeconomics focuses
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John Hicks "An economy consists of nothing else but an enormous cooperation of workers or manufacturer to make things and do things which clients want." The Vital Functions of an Economy:- Production‚ consumption and growth are vital factors of economics. Economies might differ in the organization but all perform these three functions which are discussed below. 1. Productions:- The First vital process of an economy is manufacture which must go on incessantly. "Production comprises any action‚ and
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Investment within a country can be seen as a vital component in terms of promoting economic prosperity. This essay is going to outline the importance of investment in terms of current and future economic activity by examining the effect of investment on growth and employment. The importance of the ability of the South African government to differentiate between private and public investment will be addressed by the use of a graph illustrating the investment rates of the private and public sectors
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CORRUPTION IN INDIA : AN EMPIRICAL STUDY Over five thousand citizens of India were interviewed in the house to house survey carried out to assess the citizens perceptions on corruption prevalent in ten sectors‚ Education‚ Health‚ Police (Law & Order)‚ Power‚ Telephone (Communication)‚ Railways (Transport)‚ Land & Building Administration‚ Judiciary‚ Taxation and Ration (Public distribution system). An estimated sum of Rupees (Rs.) 26‚768 crores are extracted from citizens who interact with
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