DR. Mohammad Umar Chapra
IDB Prize Winners’ Lecture series No. 9
PART I. CONVENTIONAL ECONOMICS
1. Conflict between goals and worldview
2. the three basic concepts
3. pareto efficiency versus normative goals
4. the background conditions
5. the inconsitency between microeconomics and macroeconomics
PART II. ISLAMIC ECONOMICS
1. The Paradigm
· Two level of filtering
· The problem of motivation
· Socio economics restructuring
· The role of the state
2. Redefining efficiency and equity
3. Socially acceptable market equibilirium
4. Islamic economics defined
5. Methodology
6. a word of caution
7. Science, unseen objects and value judgement
8. Realistic assumptions
9. The rise of Islamic economics
10. Lag in the development of theory
pdf files, 73 pages
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