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All Journal Adzkiya : Jurnal Hukum dan Ekonomi Syariah KONSEP DAN TUJUAN PADA TINJUAN BISNIS SYARIAH
Satria Hibatal Azizy
BAZNAS
Religion Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

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THE ENDS OF ISLAMIC ECONOMICS FROM THE PERSPECTIVE OF HOMO ECONOMICUS AND HOMO ISLAMICUS: A CRITICAL STUDY Satria Hibatal Azizy
Adzkiya : Jurnal Hukum dan Ekonomi Syariah Vol 7 No 1 (2019): Adzkiya: Jurnal Hukum dan Ekonomi Syariah
Publisher : Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Negeri Meto

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (310.341 KB) | DOI: 10.32332/adzkiya.v7i1.1436

Abstract

This paper compares the ends of economic from homo economicusand homo Islamicusperspective. It is a literature study that is combined with the argumentative approach in order to provide the valid comparison of these two. The end or the goal of economics is one of important component of microfoundations of economics. It will become one deciding factor in chosing the most suitable economic agent for Islamic economics. The result of this study shows that the end of economics from homo economicusperspective, which is maximization of utility, is facing a huge criticism. The same case is shown in the end of economics from homo Islamicusperspective, which is maximization of maslahah. This paper later suggests the use of incremental welfare value as the end of economics.
THE ENDS OF ISLAMIC ECONOMICS FROM THE PERSPECTIVE OF HOMO ECONOMICUS AND HOMO ISLAMICUS: A CRITICAL STUDY Satria Hibatal Azizy
Adzkiya : Jurnal Hukum dan Ekonomi Syariah Vol 7 No 1 (2019): Adzkiya: Jurnal Hukum dan Ekonomi Syariah
Publisher : Fakultas Ekonomi dan Bisnis Islam Institut Agama Islam Negeri Meto

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (256.846 KB) | DOI: 10.32332/adzkiya.v7i1.1436

Abstract

This paper compares the ends of economic from homo economicusand homo Islamicusperspective. It is a literature study that is combined with the argumentative approach in order to provide the valid comparison of these two. The end or the goal of economics is one of important component of microfoundations of economics. It will become one deciding factor in chosing the most suitable economic agent for Islamic economics. The result of this study shows that the end of economics from homo economicusperspective, which is maximization of utility, is facing a huge criticism. The same case is shown in the end of economics from homo Islamicusperspective, which is maximization of maslahah. This paper later suggests the use of incremental welfare value as the end of economics.
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