SOC 2230 - [Culture in Markets and Economies]

The course examines different sectors of the economy from corporations to households and different types of markets from conventional ones, like the labor market and the financial market, to unconventional ones, like the bodily goods market. It also explores legal versus illegal markets and formal versus informal economies. Economic spheres of action and transaction are analyzed from a sociological perspective offering a sociological account of production, consumption, and distribution. Emphasis is placed on understanding the shaping role of social relations and culture on economic actions and outcomes and, conversely, on highlighting the underlying operation of economic principles within the intimate sphere of social life.