Tag Archives: Microeconomics

Towards an Integrative Framework for Understanding Muslim Consumption Behaviour

In a new paper recently published in Humanomics (Vol 33, Issue 2), an attempt is made to integrate Islamic and mainstream economics framework towards a more realistic understanding of Muslim consumption behaviour. First, the paper gives an account of the … Continue reading

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Production Function in an Islamic Economic Framework

Salman Ahmed Shaikh Production function in economics explains the functional relationship between inputs and output. Whatever mathematical form the production function takes, the basic ingredients of any production function are inputs and how they relate with output. The most commonly … Continue reading

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