COURSE UNIT TITLE

: ECONOMIC SOCIOLOGY

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECO 4423 ECONOMIC SOCIOLOGY ELECTIVE 3 0 0 6

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR MUSTAFA ERDEM ÖZGÜR

Offered to

Economics

Course Objective

Economic sociology is the relationship between the economy and society. It is concerned with the social bases of economic behavior and brings an understanding of economic processes and economic organizations. The course will start with a brief summary of the views of key authors about capitalism: Adam Smith, Karl Marx, Max Weber, Karl Polanyi and Joseph Schumpeter. Some approaches, such as institutional, network, power and cognitive, will be surveyed. Markets will be studied from a moral and social order view.

Learning Outcomes of the Course Unit

1   addressing and explaining connections between society and the economy
2   thinking sociologically about what markets are and where their limits lie
3   analysing impacts of social aspects on the economic decisions
4   understanding of key ideas in the field of economic sociology, and how these might be applied critically and analytically to the study of real-world economic issues

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction to Economic Sociology
2 What is capitalism
3 Classical and liberal theories of markets
4 Neoliberal theories of markets
5 Politics and economy: government and governance
6 Politics and economy: welfare states and society
7 (midterm week)
8 Law and economy
9 Ethics and economy
10 Embeddedness: impact of institutions on the economy
11 Financial markets and crisis
12 Presentations
13 Presentations
14 Presentations

Recomended or Required Reading

Textbook:
Richard Swedberg, Principles of Economic Sociology
References:
1. Karl Marx, Grundrisse
2. Joseph Schumpeter, Capitalism, Socialism and Democracy
3. Karl Polanyi, Great Transformation
4. Thomas Piketty, Capital in the Twenty-first Century
5. Joseph Stiglitz, Creating a Learning Society: a New Approach to Growth, Development,
and Social Progress

Planned Learning Activities and Teaching Methods

The course is run as a participatory seminar. Attendance and participation are required. Lecturing will be done before each subject. Students are required to do their readings each week before they come to class. They will write a brief memo each week abstracting the week's readings, to be turned in at the end of the class. The students will take their turns in framing discussion questions for each week. A term paper is the final requirement of the course. The paper should be approximately fifteen pages in length, and it may take the form of a research proposal that incorporates ideas from a number of the readings in the course.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 PRS Presentation
3 FN Final
4 FCG FINAL COURSE GRADE MT * 0.30 + PRS * 0.30 +FN * 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MT * 0.30 + PRS * 0.30 + RST * 0.40


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1. The student will be able to analyze economic phenomena from a sociological perspective.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.
3. Since the seminar is mainly devoted to reading and discussing the texts listed in the syllabus, all participants are expected to read the texts and participate actively in the discussion.

Contact Details for the Lecturer(s)

Asst. Prof. Dr. Beyza Sümer
DEU, Faculty of Business, Department of Economics
beyza.sumer@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Case study 12 2 24
Lectures 12 1 12
Student Presentations 12 1 12
Preparations before/after weekly lectures 12 2 24
Preparing assignments 12 2 24
Reading 12 3 36
Project Final Presentation 3 3 9
Quiz etc. 12 1 12
TOTAL WORKLOAD (hours) 153

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.1343
LO.2343
LO.33443
LO.434443