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What insights and perspectives does sociology bring to the study of economic behaviors, practices, markets, and institutions? What distinguishes economic sociology from other approaches to economic action and economic objects—such as those adopted by political economy, behavioral economics, or indeed economics itself?
This course is an introduction to the sociological examination of economic phenomena. As a subfield that has grown rapidly over the past 20+ years, economic sociology has focused on three major activities: First, it has examined the prerequisites for and constraints to economic processes as defined by economists. Second, it has extended economic models to social phenomena rarely considered in the domain of economics. Third, and most ambitiously, it has tried to search for alternative accounts of phenomena typically formulated only in economic terms by drawing from sociological concepts like culture, social structure, institutions, norms, group identity, social networks, interpersonal relationships, gender, race, and technology, among others.
This course will provide an overview of these broad concerns and approaches in economic sociology, and review the sociological explanations of economic activities of production, consumption and distribution, money and finance, in a wide range of settings. |