Course unit titles

Islamic Macroeconomics

Course unit code

EKS604

Type of course unit (compulsory, optional)

Compulsory

Level of course units (according to

EQF: first cycle Bachelor, second cycle Master)

Master Program of Islamic Economics

Year of study when the course unit is delivered

(if applicable)

First year

Semester/trimester when the course unit is delivered

2nd Semester

Number of ECTS credits allocated

3 credits (4.8 ECTS)

Name of lecturer(s)

Ilmiawan Auwalin , Ph.D.

Dr. Tika Widiastuti, SE., M. Si

Dr. Sri Herianingrum, SE., M.Sc

Learning outcomes of the course unit

After finishing the course, students are expected to be able to understand analytical methods, both quantitative and qualitative, that can be used to conduct macroeconomic analysis of Indonesia or the global with an Islamic and conventional perspective.

Mode of delivery (face-to-face, distance learning)

face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

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Course content

In the Islamic Macroeconomics course, the structure of the discussion in this course follows the standard structure of the Macroeconomics discussion, which includes long-term economic analysis (investment and economic growth), the medium term (Aggregate Supply and Aggregate Demand, inflation and money supply growth) and short term (goods market) and money market (money market). In each topic of discussion, the concepts of Islamic Economics will always be discussed so that they can become a framework for studying the macroeconomic tools that are taught.

Recommended or required

reading and other learning resources/tools
  1. Askari, H., Iqbal, Z., and Mirakhor, A., (2015). Introduction to Islamic Economics: Theory and Application. John Wiley & Sons, Singapore.
  2.  M. Abdul Mannan (MA), Islamic Economics, theory and practice
  3.  Muhammad (Muh1), Fiscal and Monetary Policy in Islamic Economics
  4. Metwally (Met), Islamic Economic Theory and Models

Planned learning activities and teaching methods

Lectures and Discussions

Language of instructions

English

Assessment methods and criteria

Able to work on analytical essay assignments.