The Relevance of Ibn Khaldun’s Economic Thought on The Prices Mechanism in The Modern Economy

نویسندگان

چکیده

Ibn Khaldun is known as one of the Muslim scholars who made significant contributions to social sciences, including economics. developed his thoughts on price mechanism in market by looking at condition Andalusian society that time. This study aims discover Khaldun's regarding mechanism, both from supply and demand sides, whether these remain relevant today's economic phenomena. The results analysis show naturally, formed due process attraction between supply. research found people's tastes are a factor shifts curve. Meanwhile, product scarcity production costs shift thought aligns with modern theory remains present

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ژورنال

عنوان ژورنال: Invest Journal Of Sharia & Economic Law

سال: 2022

ISSN: ['2776-4982', '2776-4354']

DOI: https://doi.org/10.21154/invest.v2i2.5092