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Shortlink for this website: bit.do/advmicro2017

This is the new website for OLD Advanced Micro II course, based on Polanyi Approach, offered Jan 2017 at PIDE. (for old website, see: Advanced Micro) - Materials on OneDrive Folder

Link to NEW Advanced Micro II course, based on Experimental Economics and ABM, Feb 2018

Website for Advanced Micro I, based on Anti-Textbook, offered Sep 2017 at PIDE (also old website for this course [Adv Micro II] containing backup materials)

Macroeconomics Course at PIDE: Sep 2018 to Jan 2019

21st Century Economics: An Islamic Approach

This is my first attempt at creating a a radical and revolutionary course on Economics, which overcomes three major pedagogical problems of modern econonomics. Achieving this requires a complete paradigm shift ; to accomplish this, one needs a DIFFERENT place to stand on, from which to provide an alternative view. There are many possible such frameworks; I have chosen the Islamic framework for many reasons. On this basis, not only do I explain the deep and fundamental flaws in modern economic theory, I also explain HOW it came to pass that these flaws became widely accepted, and are currently taught in leading universities all over the world. I also provide an alternative, which overcomes these flaws.

In the original course, the first few lectures dealt with pure mathematics, and these have been omitted from this revised outline. Thus this course starts with Lecture 3 (L3) which starts on the errors and flaws of supply and demand theory for micro. This is partly because Mankiw starts in the same place with the same model. HOWEVER, it may be useful and relevant to start with some preparatory material.

I am now using previous website for Adv Micro II, for the new course I am teaching Sep-Dec 2017 on Adv Micro 1. ORIGINAL Material for Adv Micr 2 (which is duplicated here, and improved) is also stored on this same

website: Advanced Micro II -- course at PIDE Jan-Jun 2017. All students of course, and some others, have edit rights. My hope is to develop a more refined course outline and other course materials, so that students can have a better learning experience next time this course is taught.

The pattern that I think is best is demonstrated in the website for SIX LECTURES on Probability & Statistics: An Islamic Approach Each lecture is BROKEN up into FIVE major concepts. Then EACH Concept is subdivided into FIVE subtopics. So a lecture has 5 x 5 = 25 webpages, and each page is devoted to a single idea. This kind of structure is (in my opinion) good for students, although it requires some work for the instructor to create this structure, sequence and organize ideas.

For other online courses, see:

• • Online Course: Intro to Stats

  • Online Course: Applied Econometrics

  • Online Course: Bayesian Econometrics

  • Online Course: Islamic Economics

For a guide to other writings and videos, see: AZPROJECTS.