Faculty of Business and Management Sciences · International Trade and Finance · Undergraduate
Course Objective
It is to examine the thoughts of Muslims on economic activities from the early period to the present day. The intellectual legacy of Muslims regarding economic activities and economic problems will be reviewed. By making comparisons with the economic thoughts of the West and other societies, it will be tried to reveal the similarities and differences between the ideas of Muslims and other societies on economic problems.
Course Content
In this course, an in-depth analysis will be made on the relationship between Islamic thought and economics, the effects of Islamic belief on economic units, and the relations of Islamic economics with mainstream economic thought.
Required Resources
Kallek, C (2015) İslam İktisat Düşüncesi Tarihi
Recommended Resources
Ekonominin Temel Konuları ve İslam Ekonomisi, Z.Hafsa Orhan
Course Learning Outcomes
- The economic system approach represents the most comprehensive approach to economic life and relations. For this reason, it is expected that such a course will lead to a very valuable horizon expansion after his studies at the undergraduate level.
- Since this course is also comparative, it is expected to stretch this broadening of the horizon beyond national borders and towards a global vision.
- Since the history of economic systems is one of the main topics of this course, a temporal horizon extension is expected to be added to the mentioned spatial horizon expansion.
Core Area Distribution
Teaching Methods
Assessment & Evaluation
ECTS / Workload
| Activity | Quantity | Duration (h) | Total Workload |
|---|---|---|---|
| Course Duration (Including Exam Week) | 16 | 3 | 48 |
| Out of Class Study Period | 16 | 5 | 80 |
| Midterm | 1 | 1 | 1 |
| Quiz | 0 | 0 | 0 |
| Assignment | 0 | 0 | 0 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 2 | 2 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | The theoretical framework and philosophy of Islamic economics | Reading related book chapters |
| 2 | The place and importance of Islamic economy in international economy | Reading related book chapters |
| 3 | Economic units in Islamic economy | Reading related book chapters |
| 4 | Public order in Islamic economy | Reading related book chapters |
| 5 | Islamic economy and public sector | Reading related book chapters |
| 6 | Islamic economy and private sector | Reading related book chapters |
| 7 | Economic growth in islamic economy | Reading related book chapters |
| 8 | Midterm exam | - |
| 9 | Economic development in islamic economy | Reading related book chapters |
| 10 | Basic principles and institutional infrastructure of Islamic economics | Reading related book chapters |
| 11 | Policy tools in Islamic economy | Reading related chapters |
| 12 | Banking and interest in Islamic economy | Reading related book chapters |
| 13 | Capital markets in Islamic economy | Reading related book chapters |
| 14 | International Islamic economic organizations | Reading related book chapters |
| 15 | Comparison of Islamic economics and mainstream schools of economic thought | Reading related book chapters |
| 16 | Final exam | - |