Islamic Political Economics

Course unit titles

Islamic Political Economics

Course unit code

EKS612

Type of course unit (compulsory, optional)

Optional

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)

Second year

Semester/trimester when the course unit is delivered

3rd semester

Number of ECTS credits allocated

3 credits (4.8 ECTS)

Name of lecturer(s)

Dr.Syifaul Qulub, S.Ag. M.EI

Ilmiawan Auwalin, SE, M.App.Ec.,Ph.D

Dr. Irham Zaki, S.Ag., M.EI

Dr. Imron Mawardi, SP., M.Si

Learning outcomes of the course unit

After taking the course, students are expected to be able to analyze the basic differences between Islamic and conventional political economy in terms of philosophy, principles, and techniques. Students are also able to provide an accurate analysis of the role and policies of the state in the economy, both nationally and internationally. And students are able to practice the process of Islamic political economy through case studies or going directly to the field

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

face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

Islamic Macroeconomics

Course content

The Islamic Political Economy course contains a comprehensive economic analysis regarding the perspective of Islamic economics on the distribution of wealth to realize the welfare of the community. Islamic Political Economy focuses on the analysis of the role of state or government institutions in overcoming all economic problems that are more specifically related to the distribution of wealth in society from a political point of view. After taking this course, students are expected to be able to analyze Islamic economic policies from a political perspective, including basic understanding, policy objectives, policy instruments, and the role of the government or ministries or institutions related to the economic field in particular.

Recommended or required

reading and other learning resources/tools

1. Masudul Alam Choudhury, 1992. "The Principles of Islamic Political Economy," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-22439-5, April

2. Abdurrahman al-Maliki, Politik Ekonomi Islam. Bogor: Al Azhar Press, 2009.

3. Didik J. Racbini, Ekonomi Politik, 2006.

4. Didik J. Rachbini, Ekonomi Politik dan Kebijakan Publik, 2001.

5. Dwi Condro, Ekonomi Islam Madzhab Hamfara Jilid 2: Ekonomi Pasar Syariah,

Yogyakarta: Irtikaz, 2017

6. Hudiyanto, Ekonomi Politik, Jakarta: PT. Bumi Aksara, 2008.

7. Husain, Matla, Antara Ekonomi Orang Merdeka dan Ekonomi Terjajah, Yogyakarta:Matla, (2007)

8. The Principles of Islamic Political Economy: A Methodological Inquiry, by Masudul Alam Choudhury. 283 pages, glossary, figures, tables, notes and references, index. New York: St Martin’s Press, 1992

Planned learning activities and teaching methods

Synchronous and Asynchronous Discussion

Language of instructions

Bahasa, English

Assessment methods and criteria

Presentation Assignments, Papers, Resume, Journal Review