Economia: Journal of Economics and Management
Focus and Scope Focus Economia: Journal of Economics and Management focuses on publishing high-quality scholarly articles that examine both contemporary and classical issues in the fields of economics, business, finance, and management within local, national, regional, and global contexts. The journal promotes interdisciplinary and multidisciplinary approaches in analyzing economic and managerial dynamics, integrating perspectives from conventional economics, Islamic economics, development economics, digital economy, and value-based and sustainability-oriented economic systems. Scope Economia: Journal of Economics and Management publishes scholarly articles that include, but are not limited to, the following areas: Economics: Microeconomics and macroeconomics, development economics, regional and urban economics, international economics, political economy, public economics, institutional economics, environmental and natural resource economics, agricultural economics, industrial economics, creative economy, digital economy, behavioral economics, health economics, education economics, community-based economy, sustainable economy, green economy, circular economy, and Islamic economics (Shariah-based economic systems, Islamic economic thought, Islamic social finance, zakat, waqf, Islamic philanthropy, maqasid al-shariah in economics, and value-based development models). Business and Entrepreneurship: Business studies, entrepreneurship, MSMEs and community-based enterprises, business innovation, business models, digital business, startups and technopreneurship, e-commerce, sustainable business, social business and social entrepreneurship, corporate governance, business ethics, and corporate social responsibility (CSR). Finance: Public finance, corporate finance, banking and financial institutions, capital markets, investment, risk management, asset management, international finance, financial inclusion, financial literacy, fintech and digital finance, digital payment systems, and Islamic finance (Islamic banking, Shariah capital markets, Islamic fintech, Islamic financial management, sukuk, takaful, and Islamic social finance). Management: Strategic management, human resource management, marketing management, operations management, supply chain management, quality management, innovation management, knowledge management, organizational management, leadership, organizational behavior, education management, public management, nonprofit and public sector management, technology-based management, change management, and digital transformation management. Interdisciplinary and Cross-Cutting Studies: Economics and public policy, economics and law, economics and education, economics and technology, economics and socio-cultural studies, economics and environmental studies, economics and sustainable development (SDGs), digital transformation in economics and management, and interdisciplinary studies integrating economics, business, management, technology, and society.
Articles
15 Documents
<![CDATA[Bias Perilaku dalam Keputusan Keuangan: Perspektif Ekonomi Perilaku Modern ]]>
<![CDATA[Yusriza Yusriza]]>;
<![CDATA[Irhamna Irhamna]]>;
<![CDATA[Evi Rahayu]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 2 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[This study aims to analyze the role of behavioral biases in the process of financial decision-making by employing the perspective of modern behavioral economics. In classical economic theory, individuals are assumed to be rational and capable of consistently maximizing utility. However, various findings in behavioral economics indicate that financial decisions are often influenced by psychological factors, cognitive limitations, and emotions. This article examines several common forms of behavioral biases, such as overconfidence bias, loss aversion, anchoring, and herd behavior, along with their implications for investment decisions, risk management, and financial planning. Through a conceptual analysis based on a review of the literature, this study explains how deviations from rationality can affect the quality of decisions and potentially generate market inefficiencies. In addition, the discussion highlights the relevance of integrating psychological and economic approaches to better understand the dynamics of individual financial behavior. The findings suggest that understanding behavioral biases is essential for improving financial literacy and enhancing the quality of decision-making, both at the individual and institutional levels. Therefore, the modern behavioral economics perspective makes a significant contribution to enriching contemporary financial analysis. Abstrak Penelitian ini bertujuan untuk menganalisis peran bias perilaku dalam proses pengambilan keputusan keuangan dengan menggunakan perspektif ekonomi perilaku modern. Dalam teori ekonomi klasik, individu diasumsikan rasional dan mampu memaksimalkan utilitas secara konsisten. Namun, berbagai temuan dalam ekonomi perilaku menunjukkan bahwa keputusan keuangan sering kali dipengaruhi oleh faktor psikologis, keterbatasan kognitif, serta emosi. Artikel ini mengkaji berbagai bentuk bias perilaku yang umum terjadi, seperti overconfidence bias, loss aversion, anchoring, dan herd behavior, serta implikasinya terhadap keputusan investasi, pengelolaan risiko, dan perencanaan keuangan. Melalui pendekatan analisis konseptual berbasis literatur, studi ini menjelaskan bagaimana penyimpangan dari rasionalitas dapat memengaruhi kualitas keputusan dan berpotensi menimbulkan inefisiensi pasar. Selain itu, pembahasan juga menyoroti relevansi integrasi pendekatan psikologi dan ekonomi dalam memahami dinamika perilaku keuangan individu. Hasil kajian menunjukkan bahwa pemahaman terhadap bias perilaku menjadi penting dalam meningkatkan literasi keuangan dan kualitas pengambilan keputusan, baik pada level individu maupun institusi. Oleh karena itu, perspektif ekonomi perilaku modern memberikan kontribusi signifikan dalam memperkaya analisis keuangan kontemporer.]]>
<![CDATA[Dinamika Ekonomi Digital dan Implikasinya terhadap Model Bisnis ]]>
<![CDATA[Maya Listanti]]>;
<![CDATA[Fery Angga Saputra]]>;
<![CDATA[Anjumi Zia Ulhaq]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 2 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[The development of the digital economy has fundamentally transformed market structures, consumer behavior, and organizational operations. This article aims to analyze the dynamics of the digital economy and its implications for business model transformation through a literature review approach. The study examines various scholarly works related to digitalization, technological innovation, platform economy, big data, and shifts in value propositions within modern organizations. The findings indicate that the digital economy accelerates the transition from conventional business models toward platform-based, ecosystem-oriented, and data-driven strategies. Digital transformation enhances operational efficiency, expands market reach, and enables service personalization through data analytics. Nevertheless, challenges such as industry disruption, cybersecurity risks, and digital inequality remain critical strategic concerns that require adaptive management. Therefore, firms must develop dynamic capabilities, continuous innovation, and integrated digital transformation strategies to sustain competitiveness. This article provides a conceptual contribution to understanding the relationship between digital economic dynamics and the evolution of business models in contemporary management discourse. Abstrak Perkembangan ekonomi digital telah mengubah secara fundamental struktur pasar, perilaku konsumen, serta pola operasional perusahaan. Artikel ini bertujuan untuk menganalisis dinamika ekonomi digital dan implikasinya terhadap transformasi model bisnis melalui pendekatan kajian pustaka. Studi ini menelaah berbagai literatur terkait digitalisasi, inovasi teknologi, platform economy, big data, serta perubahan value proposition dalam organisasi modern. Hasil kajian menunjukkan bahwa ekonomi digital mendorong pergeseran dari model bisnis konvensional menuju model berbasis platform, ekosistem, dan data-driven strategy. Digitalisasi juga meningkatkan efisiensi operasional, memperluas akses pasar, serta memungkinkan personalisasi layanan berbasis analitik data. Namun demikian, tantangan seperti disrupsi industri, keamanan siber, dan ketimpangan digital tetap menjadi isu strategis yang harus dikelola secara adaptif. Oleh karena itu, perusahaan dituntut untuk mengembangkan kapabilitas dinamis, inovasi berkelanjutan, dan strategi transformasi digital yang terintegrasi. Artikel ini memberikan kontribusi konseptual dalam memahami hubungan antara dinamika ekonomi digital dan evolusi model bisnis dalam konteks manajemen kontemporer.]]>
<![CDATA[Landasan Konseptual Ekonomi dan Manajemen dalam Pengelolaan Sumber Daya ]]>
<![CDATA[Maria Fifi Yanti]]>;
<![CDATA[Muchtar Muchtar]]>;
<![CDATA[Khairul Afdhal]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 2 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[This article aims to examine the conceptual foundations of economics and management in resource management from a comprehensive perspective. In economics, resources are understood as limited factors of production that require rational choice and efficient allocation mechanisms. Meanwhile, management emphasizes the processes of planning, organizing, directing, and controlling to ensure that resources are utilized effectively in achieving organizational goals. This study employs a qualitative approach based on literature review by examining classical and contemporary theories in economics and management. The findings indicate that integrating economic and managerial perspectives provides a more comprehensive analytical framework for understanding the dynamics of resource management, both at the organizational level and within broader systems. Economic efficiency without sound managerial governance may lead to operational ineffectiveness, while management practices lacking economic rationality can result in waste and allocation distortions. Therefore, the conceptual synergy between economics and management constitutes a crucial foundation for establishing resource management systems that are sustainable, adaptive, and value-oriented. Abstrak Artikel ini bertujuan untuk mengkaji landasan konseptual ekonomi dan manajemen dalam pengelolaan sumber daya secara komprehensif. Dalam perspektif ekonomi, sumber daya dipahami sebagai faktor produksi yang bersifat terbatas sehingga menuntut adanya pilihan rasional dan mekanisme alokasi yang efisien. Sementara itu, manajemen menekankan proses perencanaan, pengorganisasian, pengarahan, dan pengendalian untuk memastikan sumber daya dimanfaatkan secara efektif dalam mencapai tujuan organisasi. Kajian ini menggunakan pendekatan kualitatif berbasis studi literatur dengan menelaah berbagai teori klasik dan kontemporer dalam ekonomi dan manajemen. Hasil kajian menunjukkan bahwa integrasi perspektif ekonomi dan manajerial menghasilkan kerangka analitis yang lebih utuh dalam memahami dinamika pengelolaan sumber daya, baik pada level organisasi maupun sistem yang lebih luas. Efisiensi ekonomi tanpa tata kelola manajerial yang baik berpotensi menimbulkan inefektivitas operasional, sementara praktik manajemen tanpa dasar rasionalitas ekonomi dapat mengarah pada pemborosan dan distorsi alokasi. Oleh karena itu, sinergi konseptual antara ekonomi dan manajemen menjadi fondasi penting dalam menciptakan sistem pengelolaan sumber daya yang berkelanjutan, adaptif, dan berorientasi pada nilai tambah.]]>
<![CDATA[Relevansi Teori Agensi dalam Ekonomi dan Manajemen Modern: Analisis Konseptual dan Implikasi Organisasional ]]>
<![CDATA[Monariska Monariska]]>;
<![CDATA[Edi Saputra]]>;
<![CDATA[Jahimi Afrizalmi]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 2 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[This study aims to examine the relevance of Agency Theory in modern economics and management through a conceptual literature-based analysis. Agency Theory explains the contractual relationship between principals and agents, highlighting issues such as information asymmetry, moral hazard, and conflicts of interest. In contemporary organizational contexts characterized by increasing complexity, digital transformation, and dispersed ownership structures, agency problems remain highly significant. This paper employs a qualitative approach based on an extensive review of scholarly literature to analyze the theoretical foundations, developments, and practical implications of Agency Theory. The findings indicate that despite various criticisms and the emergence of alternative perspectives such as stewardship theory and stakeholder theory, Agency Theory continues to provide a robust analytical framework for understanding governance mechanisms, incentive alignment, monitoring systems, and organizational performance. Furthermore, the study underscores the importance of integrating behavioral and institutional dimensions to enhance the explanatory power of the theory. The article contributes to the enrichment of economic and management literature by reaffirming the strategic relevance of Agency Theory in designing effective organizational structures and governance practices in modern business environments. Abstrak Penelitian ini bertujuan untuk mengkaji relevansi Teori Agensi dalam ekonomi dan manajemen modern melalui analisis konseptual berbasis kajian pustaka. Teori Agensi menjelaskan hubungan kontraktual antara prinsipal dan agen, dengan menekankan permasalahan seperti asimetri informasi, moral hazard, dan konflik kepentingan. Dalam konteks organisasi kontemporer yang ditandai oleh kompleksitas yang meningkat, transformasi digital, dan struktur kepemilikan yang tersebar, permasalahan agensi tetap relevan. Penelitian ini menggunakan pendekatan kualitatif melalui telaah literatur ilmiah untuk menganalisis landasan teoretis, perkembangan, serta implikasi praktis Teori Agensi. Hasil kajian menunjukkan bahwa meskipun terdapat kritik dan munculnya perspektif alternatif seperti teori stewardship dan teori stakeholder, Teori Agensi tetap menjadi kerangka analitis yang kuat dalam memahami mekanisme tata kelola, penyelarasan insentif, sistem pengawasan, serta kinerja organisasi. Studi ini menegaskan pentingnya integrasi dimensi perilaku dan kelembagaan guna memperkuat daya jelaskan teori tersebut dalam lingkungan bisnis modern.]]>
<![CDATA[Internalisasi Konsep Keadilan dan Maslahah dalam Pendidikan Ekonomi ]]>
<![CDATA[Nabila Rasha]]>;
<![CDATA[Arizul Suwar]]>;
<![CDATA[T. Nazarullah T. Nazarullah]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 2 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[This article aims to analyze the internalization of the concepts of justice and maslahah in economic education as an effort to develop a learning paradigm that is oriented not only toward efficiency and growth, but also toward ethical values and social benefit. This study employs a qualitative approach based on a literature review, examining works in Islamic economics, philosophy of education, and curriculum theory. The findings indicate that the concept of justice in Islamic economic thought encompasses proportional distribution, the avoidance of exploitation, and the balanced fulfillment of rights and obligations. Meanwhile, maslahah emphasizes the orientation of economic policies and activities toward sustainable collective welfare. The internalization of these concepts in economic education can be implemented through value integration within the curriculum, reflective learning approaches, and the strengthening of moral dimensions in economic case analysis. This article argues that an economic education grounded in justice and maslahah has the potential to produce graduates who are not only technically competent but also ethically sensitive and socially responsible in economic practice. Abstrak Artikel ini bertujuan menganalisis internalisasi konsep keadilan dan maslahah dalam pendidikan ekonomi sebagai upaya membangun paradigma pembelajaran yang tidak hanya berorientasi pada efisiensi dan pertumbuhan, tetapi juga pada dimensi etika dan kebermanfaatan sosial. Penelitian ini menggunakan pendekatan kualitatif berbasis kajian pustaka dengan menelaah literatur ekonomi Islam, filsafat pendidikan, dan teori kurikulum. Hasil kajian menunjukkan bahwa konsep keadilan dalam perspektif ekonomi Islam mencakup distribusi yang proporsional, penghindaran eksploitasi, serta penegakan hak dan kewajiban secara seimbang. Sementara itu, maslahah menekankan orientasi kebijakan dan aktivitas ekonomi pada kemanfaatan kolektif yang berkelanjutan. Internalisasi kedua konsep tersebut dalam pendidikan ekonomi dapat dilakukan melalui integrasi nilai dalam kurikulum, pendekatan pembelajaran reflektif, serta penguatan dimensi moral dalam analisis kasus ekonomi. Artikel ini menegaskan bahwa pendidikan ekonomi yang berbasis keadilan dan maslahah berpotensi membentuk lulusan yang tidak hanya kompeten secara teknis, tetapi juga memiliki sensitivitas etis dan tanggung jawab sosial dalam praktik ekonomi.]]>
