Economic and Financial Sociology (EFS)
Área
AC Ciências Sociais > UC Optativas
Activa nos planos curriculares
Matemática Aplicada à Economia e à Gestão > Matemática Aplicada à Economia e à Gestão > 1º Ciclo > Unidades Curriculares Optativas > Economic and Financial Sociology
Management > Management > 1º Ciclo > Unidades Curriculares Optativas > Economic and Financial Sociology
Gestão > Gestão > 1º Ciclo > Unidades Curriculares Optativas > Economic and Financial Sociology
Finanças > Finanças > 1º Ciclo > Unidades Curriculares Optativas > Economic and Financial Sociology
Economics > Economics > 1º Ciclo > Unidades Curriculares Optativas > Economic and Financial Sociology
Economia > Economia > 1º Ciclo > Unidades Curriculares Optativas > Economic and Financial Sociology
Nível
1º Ciclo (L)
Tipo
Não Estruturante
Regime
Semestral
Carga Horária
Aula Teórica (T): 0.0 h/semana
Aula Prática (PL): 3.0 h/semana
Trabalho Autónomo: 68.0 h/semestre
Créditos ECTS: 4.0
Objectivos
The main objectives of this course are the following:
- to study the theories and the concepts of economic sociology;
- to understand the social and cultural dynamics of markets;
- to discuss the sociological approaches to value construction and to the definition of the tradable;
- to explain the models and the forms of development in the context of globalization;
- to study the trends of contemporary finance sociology;
- to understand the actions and the inner logics of the main players of the financial world;
- to discuss sociological approaches to capital and financial markets;
- to explain the social and cultural constraints of money and financial markets in the context of globalization.
Programa
- What is Economic Sociology? Boundaries and Limits. Economic Sociology vs. Economics. Beyond the Homo Oeconomicus and the Homo Sociologicus;
- A Brief History of Economic Sociology: The Founding Fathers (1840-1920). The Great Divide - From Schumpeter and Polanyi to the Parsonian Project. The Emergence of a New Paradigm - the Eighties and the New Economic Sociology;
- The Vocabulary of the New Economic Sociology: Embeddedness, Social Capital, Trust, Social Networks, Performativity. The Social Capital debate. Dirty Hands vs. Clean Models?
- The Social Construction of Value. The Economic Sociology of Giving, Reciprocity and Altruism. Special Markets and special commodities. The market for blood and organs. Auctions or the language of value(s);
- Institutions and Organizations. Isomorphism and Legitimacy. The Ecological Hypothesis. Who Controls the Modern Organizations. The shareholder value consensus. The Business Groups Issue;
- The Social Construction of Markets. Ideological Constructions. Defining Exchange and its varieties. The Social Construction of Competition. Socio-Economic Models of Production;
- The Economic Sociology of Capitalism and Globalization. Industry Creating Mechanisms in Advanced Societies. The Eastern Transitions. Risk and Uncertainty;
- The Sociology of Financial Markets. Information and Arbitrage. The Performativity Hypothesis. The Big Bang and the Globalization of the Financial Markets. The Rhetoric of the Market. The Social Meanings of Money;
- The Economic Sociology of Public Finance. Finanz Soziologie or Fiscal Sociology? Bringing the State Back In? Fiscal Illusion and Fiscal Culture;
- Culture and Economics. Culture Industries. Between homogeneity and heterogeneity. Consumption and Life Styles. The Art World. The post materialist values debate;
Metodologia de avaliação
The final grade will result from the weighted average of a research group project (50%) to be presented in one of the final three classes of the course; class participation (20%); and one individual essay (30%). The themes will be distributed at the beginning of the semester. A final exam will be available for the students whose option is not to take part in the group project and the individual essay.
Bibliografia
Principal
The Worth of Goods: Valuation and Pricing in the Economy
BECKERT, Jens and Patrik Aspers
2011
Oxford, Oxford University Press
Economic Sociology
BIGGART, Nicole Woolsey (Ed)
2001
Oxford, Blackwell
Money and Credit: A Sociological Approach
CARRUTHERS, Bruce and Laura ARIOVICH
2010
Cambridge, Polity Press
The Sociology of Financial Markets
CETINA, Karin Knorr and Alex PREDA (eds)
2005
Oxford, Oxford University Press
The Architecture of Markets: An Economic Sociology of Twenty-First-Century Capitalist Societies
FLIGSTEIN, Neil
2001
Princeton, Princeton University Press
Material Markets: How Economic Agents are Constructed
MACKENZIE, Donald
2009
Oxford, Oxford University Press
Do Economists Make Markets? On the Performativity of Economics
MACKENZIE, Donald Fabian MUNIESA, and Lucia SIU
2007
Princeton, Princeton University Press
The Economic Sociology of Capitalism
NEE, Victor and Richard Swedberg (eds)
2005
Princeton, Princeton University Press
The Handbook of Economic Sociology
SMELSER, Neil and Richard SWEDBERG (Eds.)
2005
2nd edition, Princeton, Princeton University Press
Pricing the Priceless Child: The Changing Social Value of Children
ZELIZER, Viviana
1994
Princeton, Princeton University Press
The Social Meaning of Money: Pin Money, Paychecks, Pay Relief and Other Currencies
ZELIZER, Viviana
1997
Princeton, Princeton University Press
Secundária
Markets
ASPERS, Patrik
2011
Cambridge, Polity Press
The Sociology of Economic Life
GRANOVETTER, Mark and Richard SWEDBERG
2001
2nd Edition, Boulder/São Francisco, Westview Press
Valuing the Unique: The Economics of Singularities
KARPIK, Lucien
2010
Princeton, Princeton University Press
Markets on Trial: The Economic Sociology of the U.S. Financial Crisis
LOUNSBURY, Michael and Paul M. HIRSCH (Eds)
2011
Bingley, Emerald Group Publishing
Living in a Material World: Economic Sociology Meets Science and Technology Studies
PINCH, Trevor and Richard SWEDBERG (eds)
2008
Cambridge, Massachusetts The MIT Press
Framing Finance: The Boundaries of Markets and Modern Capitalism
PREDA, Alex
2009a
Chicago, University of Chicago Press
Information, Knowledge, and Economic Life: An Introduction to the Sociology of Markets
PREDA, Alex
2009b
Oxford, Oxford University Press
The Sense of Dissonance: Accounts of Worth in Economic Life
STARK, David
2009
Princeton and Oxford: Princeton University Press
Principles of Economic Sociology
SWEDBERG, Richard
2003
Princeton, Princeton University Press
Markets from Networks: Socioeconomic Models of Production
WHITE, Harrison C.
2002
Princeton, Princeton University Press
Talking Prices: Symbolic Meanings of Prices on the Market for Contemporary Art
VELTHUIS, Olav
2007
Princeton, Princeton University Press
Morals and Markets: The Development of Life Insurance in the United States
ZELIZER, Viviana
1983
Transaction Publishers