Islamic Monetary Economics I

Course unit title

: Islamic Monetary Economics I

Course unit code

: EKM351

Type of course unit (compulsory, optional)

Compulsory

Level of course units (according to

EQF: first cycle Bachelor, second cycle Master)

Year of study when the course unit is delivered

(if applicable)

Semester/trimester when the course unit is delivered

 4

Number of ECTS credits allocated

Name of lecturer(s)

Course coordinator: Prof. DR. Raditya Sukmana

Learning outcomes of the course unit

Students will be able to understand Islamic monetary economics, which is essentially about the role of the central bank in influencing the economy through Islamic financial instruments and the existing transmission mechanisms. In addition to understanding the use of contemporary currencies and all their impacts, students will understand the basics of gold as a currency in making research proposals / theses with good quantitative and qualitative methods.

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

face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

Course content

This course teaches students related to the way the central bank regulates the economy through its instruments to regulate the money supply in the community. In addition to studying instruments, this course will also study the transmission mechanism that links central bank policy and the economy

Recommended or required

reading and other learning resources/tools

· Solikin M Juhro, Darsono, Ferry Syarifuddin, Ali Sakti Editor Muhamad Syafii Antonio "Sharia Monetary Policy in a Dual Financial System Theory and Practice"."Tazkia Publihsing".2018

· Perry Warjiyo, Solikhin M Juhro "Central Bank Policy Theory and Practice". PT Rajawali Pers. 2016

· Umer Chapra "Islamic Monetary System" 2000."Gema Insani Pers. / Towards a just monetary system.

· Hifzur Rab. "Economic Justice in Islam: Monetary Justice and The Way Out of Interest (Riba)". AS Noordin. 2006

· Muhamad Natsir "Monetary Economics and Central Banking" 2014. Media Discourse Partners           

Planned learning activities and teaching methods

Lectures and Discussions

Language of instruction

Indonesia

Assessment methods and criteria

Assignment, Mid and final exams