Journal of Islamic Economics, Finance and Business

Three-Sector Economic Balance: Households, Companies, and Government

2024-11-16T17:00:09+08:00

Economic equilibrium in a three-sector context includes the relationship between the household sector, the corporate sector, and the government sector. This article reviews the three-sector economic equilibrium with a focus on the flow of income and the conditions needed to achieve it, the types of taxes, and the impact of taxes on people's consumption and savings. The approach used in this article is a qualitative method with a descriptive type of analysis based on existing literature. The results of the discussion show that the economic equilibrium achieved will affect income distribution and overall economic stability. The types of taxes imposed vary, with a significant impact on individual consumption and savings patterns. Taxes affect people's purchasing power and other economic decisions, thus having direct implications for the macroeconomy. This article suggests that tax policy should be tailored to the objectives of the economy to ensure optimal equilibrium.

Macroeconomic Policy in the Digital Age

2024-11-15T17:08:45+08:00

Digitalization has become a major force in transforming the interaction between people and the macro economy. The introduction of digital technologies brings significant changes in the way individuals and companies operate, interact, and transact. At the macroeconomic level, digitization increases productivity, efficiency, and economic growth through easier access to information, increased transparency, and market expansion. The impact of digitalization is also seen in the increase in innovation and the creation of new opportunities in various sectors of the economy. However, the human complexity of responding to changes in technology and economic policy adds a new dimension to macroeconomic analysis. Adaptive economic policies are needed to manage the impact of digitalization, including data protection, digital inclusion, and digital skills development. Thus, the role of digitalization in shaping the interaction of human complexity and macroeconomics is crucial, and appropriate economic policies can maximize the benefits of digitalization, mitigate risks, and ensure that technological development has an equitable positive impact on the whole society.

The Role of Technology in Macroeconomics and How to Solve Macroeconomic Problems

2024-11-16T16:53:03+08:00

Technology plays an important role in macroeconomics by increasing productivity, driving innovation, and expanding access to markets. In the digital age, technology has changed the way businesses operate, enabling companies to automate processes, improve efficiency and reach global markets. It has also created new jobs and provided work flexibility. However, technology can also pose macroeconomic problems if not managed properly. Therefore, governments and businesses need to adopt appropriate strategies to address such issues and utilize technology to improve economic growth and people's welfare. In the process of overall and sustainable economic development, macroeconomic stability of a country is an important prerequisite for generating quality economic growth. To achieve quality economic growth, it is necessary to invest in sustainable human capital and sustainable utilization of science and technology (IPTEK). The process of economic development will be able to change the condition of society from a vicious circle to a virtuous circle if economic growth is of high quality.

The Impact of Fiscal Policy on the Indonesian Economy: Economic Growth, Price Stability and Income Distribution

2024-11-16T16:50:45+08:00

Fiscal policy is one of the main instruments used by the government to manage the economy. This study aims to analyze the impact of fiscal policy on the Indonesian economy, focusing on economic growth, price stability, and income distribution. The research method used is a literature study by collecting secondary data from various sources such as journals, books, scientific articles, and official reports. The results show that fiscal policy has a significant impact on economic growth, where taxes, goods spending, and subsidies have a positive correlation, while foreign debt and personnel spending have a negative correlation. In addition, fiscal policy also plays a role in controlling inflation and maintaining price stability through the regulation of state expenditure and revenue. Income distribution and improving people's welfare are also important focuses of fiscal policy. This study provides a comprehensive insight into the role of fiscal policy in the Indonesian economy and provides policy recommendations that can be implemented to achieve the desired economic goals.

Causes and Solutions: Two-Sector Economic Inequality

2024-11-16T10:49:24+08:00

Economic inequality between two sectors is a complex and multidimensional problem. This study aims to analyze the causes and solutions to address economic inequality between the two sectors. This research uses a qualitative research method with a literature study approach to analyze the causes and solutions of economic inequality between the two sectors. The data used in this research is secondary data obtained from various sources, including scientific articles, government reports, and policy documents. The results show that the causes of economic inequality include uneven income distribution, different levels of education and skills, asset concentration, lack of access to capital and technology. solutions to address economic inequality include income redistribution, subsidies and social assistance, investment in education and training, infrastructure development and village economy. Thus, this research can contribute to the understanding of the causes and solutions to address economic inequality between the two sectors.