A critical study of Ibn Sina's economic ideas /
by Nurizal Ismail
- Kuala Lumpur: International Institute of Islamic Thought and Civilization (ISTAC),International Islamic University Malaysia, 2012
- xi, 69 leaves : ill. ; 30cm.
Abstracts in English and Arabic. " A dissertation submitted in fulfilment of the requirement for the degree of Master of Art in Islamic and Other Civilization."--On t.p.
Thesis (MIOC)--International Islamic University Malaysia, 2012.
Includes bibliographical references (leaves 65-69).
This study explores the economic ideas of Ibn Sina in household and political economies. The study also discusses the relevance of Ibn Sina's economic ideas on modem micro and macroeconomics ideas. According to Sabri Orman, the economic ideas of Ibn Sina can be traced and found in his practical philosophy, which is divided into three headings: Akhlaq (ethics), 'ilm Tadbir al-Manzil (economics) and 'ilm Tadbir al-Madlnah (politics). This study explains that household and political economies should be handled together, centered on Islamic values in the state. Findings of this study explain that the economic ideas of Ibn Slna are mostly related to the literature of 'ilm Tadbir al-Manzil (economics) and 'ilm Tadbir al-Madlnah (politics) that are related to modem micro and macro economics. Firstly, Ibn S!na's microeconomics focuses on man as the agent of economy and his own activity in managing wealth. This gives us a model of managing wealth from Ibn Slna that consists of kasb (earning) and infliq (spending). The kasb (earning) is from al-tijarah (trade) and a/-- ina 'at (manufacturing skills), while the infaq is the function of in
Ibn Sina (Avicenna), 980-1037 --Contributions in economic