Demand in Islamic market in comparison with highly - competitive market

Values of western culture have combined with economics in differentdelicate methods. These values play an important role in theories.Three principles including: observation of values, efficient allocationof resources and brotherhood (friendship and understanding betweenpeople) can be concluded from...

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Main Author: Mohammad Kazem Rajaee
Format: Article
Language:fas
Published: پژوهشگاه حوزه و دانشگاه 2007-09-01
Series:جستارهای اقتصادی
Subjects:
Online Access:https://iee.rihu.ac.ir/article_289_f26d13195bb6dcc95f1793c5771bf740.pdf
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author Mohammad Kazem Rajaee
author_facet Mohammad Kazem Rajaee
author_sort Mohammad Kazem Rajaee
collection DOAJ
description Values of western culture have combined with economics in differentdelicate methods. These values play an important role in theories.Three principles including: observation of values, efficient allocationof resources and brotherhood (friendship and understanding betweenpeople) can be concluded from Islamic solutions on demand.Although economic subjects have the potentials of accepting newmethods but regarding the rules govern the behavior of aneconomical Muslim man, a little change can be made in the conceptsrelated to the literature of capitalist economy to present thediscussion.The principles of brotherhood, economy and avoidance ofmerrymaking (or efficient allocation of resources) make people tendto use basic necessities where they are limited and not more available,i.e.; people from different social classes, on low or high income, areinclined to buy particular goods and commodities.Stabilizing the conditions, the level below the curve of a Muslimdemand graph is less than a non-Muslim one in regard to the levelbelow the curve, but the level below the curve on a demand graph inIslamic market is more in regard to the highly – competitive market. Ifprices exceed the purchasing power of consumer in regard to thebasics for living, the Islamic government or people on high incomecan pay for, through donations to reach to the utility level. In otherword, the effects of income, in two levels of prices, based on the highamount of consuming ( waste ) and lowest amount of consuming (living necessities ).
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spelling doaj.art-5faa1fde56224a30a4855deb38ac8da22024-02-27T06:54:10Zfasپژوهشگاه حوزه و دانشگاهجستارهای اقتصادی1735-33002588-58122007-09-014866100289Demand in Islamic market in comparison with highly - competitive marketMohammad Kazem Rajaee0Faculty member Research Institute of Hawzeh and UniversityValues of western culture have combined with economics in differentdelicate methods. These values play an important role in theories.Three principles including: observation of values, efficient allocationof resources and brotherhood (friendship and understanding betweenpeople) can be concluded from Islamic solutions on demand.Although economic subjects have the potentials of accepting newmethods but regarding the rules govern the behavior of aneconomical Muslim man, a little change can be made in the conceptsrelated to the literature of capitalist economy to present thediscussion.The principles of brotherhood, economy and avoidance ofmerrymaking (or efficient allocation of resources) make people tendto use basic necessities where they are limited and not more available,i.e.; people from different social classes, on low or high income, areinclined to buy particular goods and commodities.Stabilizing the conditions, the level below the curve of a Muslimdemand graph is less than a non-Muslim one in regard to the levelbelow the curve, but the level below the curve on a demand graph inIslamic market is more in regard to the highly – competitive market. Ifprices exceed the purchasing power of consumer in regard to thebasics for living, the Islamic government or people on high incomecan pay for, through donations to reach to the utility level. In otherword, the effects of income, in two levels of prices, based on the highamount of consuming ( waste ) and lowest amount of consuming (living necessities ).https://iee.rihu.ac.ir/article_289_f26d13195bb6dcc95f1793c5771bf740.pdfutilityindifference curvedemandislamic marketvaluelocalizationislamic economy
spellingShingle Mohammad Kazem Rajaee
Demand in Islamic market in comparison with highly - competitive market
جستارهای اقتصادی
utility
indifference curve
demand
islamic market
value
localization
islamic economy
title Demand in Islamic market in comparison with highly - competitive market
title_full Demand in Islamic market in comparison with highly - competitive market
title_fullStr Demand in Islamic market in comparison with highly - competitive market
title_full_unstemmed Demand in Islamic market in comparison with highly - competitive market
title_short Demand in Islamic market in comparison with highly - competitive market
title_sort demand in islamic market in comparison with highly competitive market
topic utility
indifference curve
demand
islamic market
value
localization
islamic economy
url https://iee.rihu.ac.ir/article_289_f26d13195bb6dcc95f1793c5771bf740.pdf
work_keys_str_mv AT mohammadkazemrajaee demandinislamicmarketincomparisonwithhighlycompetitivemarket