ECONOMIC SOCIOLOGY
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