ECONOMIC SOCIOLOGY

ECONOMIC SOCIOLOGY

Rosamaria Bitetti

Instructional goals

Students in this course will develop critical awareness of the methodologies used in sociology and economics, exploring their similarities and differences, while also gaining insight into the historical evolution of capitalism through the perspectives of key authors. Through practical applications, they will understand how economic sociology informs collective choices and public policies, addressing contemporary socio-economic challenges such as inequality, globalization, and environmental sustainability.

Intended learning outcomes

Knowledge and understanding: students will have the opportunity to learn the fundamental concepts and theories used by sociology to analyze the processes of economic and social life Applying knowledge and understanding: students will be able to apply basic social research methodologies Making judgments: students will be able to proceed independently to the analysis of the economic and social phenomena of the reality that surrounds them. Communication skills: Throughout the course, students will have the opportunity to discuss, develop, and present the results of their independent research or weekly/bi-weekly assignments, both in written and oral formats. Learning skills: Students will be asked to work together in several independent and group activities for the flipped or case study classes. In each class an element of problem solving, constructive discussion and presentation will be included. Finally, as class activity I propose writing collaborative notes – in small groups, to learn how to self-manage the division of labor, edit, and assess each other endeavor.

Course Contents

The course offers an introduction to Economic Sociology, focused on understanding the various methodological approaches in this discipline, decoding and applying them in the analysis of reality, while exploring the relationship between society and economy. It is structured around three key areas: Methodology of Sociology and Comparison with Economics: The course begins by examining the methodologies of sociology and economics, highlighting their similarities and differences, aiming to develop critical awareness. Historical Perspective: Understanding the historical evolution of capitalism through the fundamental authors of economic sociology. From Marx and Weber to the Austrian school, this section examines the various theoretical perspectives that have shaped our understanding of the origins, dynamics, and consequences of capitalism. Economic Sociology and Collective Choices: Informing Public Policies: The final segment of the course focuses on the practical implications of economic sociology in providing insights into collective choices and public policies. Case studies and real-life examples will illustrate the relevance of economic sociology in addressing contemporary socio-economic challenges, such as inequality, globalization, and environmental sustainability.

Reference Books

Trigilia C. (2002), Sociologia economica, Vol.I (Profilo storico), Il Mulino, Bologna. Infantino L. (2008), Individualismo, mercato e storia delle idee, Rubbettino, Soveria Mannelli. Slides and further readings will be shared onLuiss Learn

Teaching Methods

Lectures; seminars, applied game theory, flipped class, debate, group presentations. The course is structured with a mechanism of continuous evaluation and feedback, with weekly or bi-weekly microassignments to accompany learning and enhance various necessary skills (research, critical thinking, writing, presentation)

Assessment Method

Attending students: 30% Oral Exam 70% class participation and activities Non attending students: Oral exam Oral exam assesses the effective understanding of the concepts and theories used by sociology to analyze the processes of economic life

Thesis assignment criteria

Excellent exam performance and interest on the subject

Week 1

How well do you know the world you live in? Gapminder test. minder test. minder test. Introduction to economic sociology

Week 2

Economics and Sociology

Week 3

Methodological Individualism vs Olism

Week 4

Homo economicus and its critiques

Week 5

Change, division of labour, social cooperation

Week 6

Institutions: origins and role

Week 7

Case study: Money

Week 8

Origins and development of capitalisim

Week 9

G. Simmel, W. Sombart and M. Weber

Week 10

E. Durkheim and T. Veblen

Week 11

J. Schumpeter and K. Polanyi

Week 12

Sociologia e scelte pubbliche