POSITIVE ECONOMICS, NORMATIVE ECONOMICS AND ISLAMIC ECONOMY

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BAKHTIARY S.

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Journal: NAMEH-YE-MOFID Year:2000 | Volume:6 | Issue:3 (23) Page(s): 99-108

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Information Journal Paper

Title

POSITIVE ECONOMICS, NORMATIVE ECONOMICS AND ISLAMIC ECONOMY

Author(s)

BAKHTIARY S. | Issue Writer Certificate

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Abstract

To begin with, this article takes a brief look at the western concept of economy and how it developed then, it examines the debates and disputes among the economists on the distinction between positive as well as normative economics since its development and in this regard it gives a special emphasis to the role of values and value principles.After that the concept of economy in Islamic texts has been dealt with and it has been concluded that concepts such as scarcity, choice, and scarce resources management which underlie the current definitions of economics can be inferred from them.With regard to Shahid Sadr’s view that there is a distinction between the economics and an economic school of thought and that Islam has an economic school of thought rather than economics, it reflects the same futile distinction between normative and positive. Acknowledging the difference between a school of thought and a science, the article concludes that the economic school of Islam can and should orient the economics and Muslem economists and provide them with the necessary guidelines.

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APA: Copy

BAKHTIARY, S.. (2000). POSITIVE ECONOMICS, NORMATIVE ECONOMICS AND ISLAMIC ECONOMY. NAMEH-YE-MOFID, 6(3 (23)), 99-108. SID. https://sid.ir/paper/3701/en

Vancouver: Copy

BAKHTIARY S.. POSITIVE ECONOMICS, NORMATIVE ECONOMICS AND ISLAMIC ECONOMY. NAMEH-YE-MOFID[Internet]. 2000;6(3 (23)):99-108. Available from: https://sid.ir/paper/3701/en

IEEE: Copy

S. BAKHTIARY, “POSITIVE ECONOMICS, NORMATIVE ECONOMICS AND ISLAMIC ECONOMY,” NAMEH-YE-MOFID, vol. 6, no. 3 (23), pp. 99–108, 2000, [Online]. Available: https://sid.ir/paper/3701/en

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