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Studi Analisis Pemikiran M. Abdul Mannan Tentang Konsep Harga
[M. Abdul Mannan'S Thinking Analysis Study About Price Concept]

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  • Gunarso, Gatot Hadi

Abstract

This study aims to analyze the thoughts of M. Abdul Mannan about the concept of price in Islamic economics. The prices offered by the secular market are not seen as guidelines for the welfare of society, especially in the context of Islamic economics where social care is so great that distribution is the key to productive activities. The competition implied in the market mechanism needs to be complemented by conscious control, supervision and cooperation. Supervision in price control is carried out by the government or a country. The results of the research of M. Abdul Mannan formulate that the concept of price is adjusted by the value of the product on demand and supply so as to realize healthy competition in covering the basic principles of justice in realizing satisfaction/surplus between the seller and the buyer. M. Abdul Mannan's thinking about prices aims to avoid monopoly prices and artificial prices that are based on speculation, smuggling and hoarding. Regulations on prices in Indonesia already exist and are relevant to M. Abdul Mannan's thoughts, but the lack of firm action in its application causes producers to commit violations in determining so that justice does not materialize, especially in determining prices.

Suggested Citation

  • Gunarso, Gatot Hadi, 2021. "Studi Analisis Pemikiran M. Abdul Mannan Tentang Konsep Harga [M. Abdul Mannan'S Thinking Analysis Study About Price Concept]," MPRA Paper 109186, University Library of Munich, Germany, revised 13 Aug 2021.
  • Handle: RePEc:pra:mprapa:109186
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    More about this item

    Keywords

    Muhammad Abdul Mannan; Islamic Economics; Price Concepts; Price Regulations in Indonesia.;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • H0 - Public Economics - - General
    • N0 - Economic History - - General
    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations

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