IIUM Repository

The theoantropocentric based model of demand and supply

Pawenang, Supawi and Supriyati, Sri and Kartika, Betania and A. Yani, Burhanudin (2019) The theoantropocentric based model of demand and supply. In: International Symposium on Research in Innovation and Sustainability (Isoris) 2019, 28th - 29th August 2019, Pulau Pinang, Malaysia. (Unpublished)

[img] PDF - Accepted Version
Restricted to Repository staff only

Download (7MB) | Request a copy


This paper is focus to criticize Marshall's supply and demand theory. Marshall’s theory was indentified by strengthness and weakness, so be looked up solution to make a perfect theory. The result of analysis describe that Marshall's theory is a basic of most theory in study of economics. Many theory, like a monetary theory, fiscal theory, consumer behavior theory, etc., was developed from that theory. On the other hand, Marshall's theory has some weaknesses if looked up from morality or religious perspective, because morality and religious value absent from theory. So, some weaknesses of theory be repaired by inserting axis and ordinate reflector, that can be used to controlling outcome transaction from morality and religios value perspective. The new supply and demand theory is named universal-ethics supply and demand theory.

Item Type: Conference or Workshop Item (Invited Papers)
Additional Information: 7251/81390
Uncontrolled Keywords: Marshallian, supply and demand theory, moral and religious value, universal-ethics.
Subjects: H Social Sciences > H Social Sciences (General)
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): International Institute for Halal Research and Training (INHART)
Depositing User: mrs betania muflih
Date Deposited: 21 Jul 2020 16:54
Last Modified: 09 Nov 2020 11:12
URI: http://irep.iium.edu.my/id/eprint/81390

Actions (login required)

View Item View Item


Downloads per month over past year