Foundations of Economic Sociology
New School for Social Research: Sociology
CRN: 16819
Credits: 3
This course concerns all aspects of economy and society with a particular emphasis on social relations and interactions engaging a broad group of actors. We critically examine how social structures are closely linked to the economy and how positionality in a social group is central to the allocation of incomes and wealth accumulation. Our approach is based on the fundamental assumption that economic structures and institutions and distributional relationships across various social groups play a crucial role in determining the behavior of the economy in serving stratified social and political ends. Over the course we will explore several major themes. 1) Money as social relations: we examine economic concepts of quasi-money, crypto currencies, money substitutes, explore how social factors and technological innovations are changing the nature of money. 2) Theoretical and historical issues: how economic philosophies (libertarian, neo-liberal, post-liberal) shape and inform economic approaches such as ethno-economy; pre-distributive political economy; democratic/autocratic economy. 3) Markets (financial, commodity, capital, housing, labor, and e-commerce) and Corporations as places for social interaction operating on conventions and trust in a post-liberal era. 4) Monetization and Commodification of households and Consumer behavior. We encourage students to see economic sociology in multiple ways by paying attention to empirical work around DEI issues, rising wage inequality, gender inequality, discrimination and the impact of immigration. Our interest is not only with an emphasis on markets as a primary mechanism of allocation but how everyday people engage in social relations, while governments deal with redistribution. The sociological perspective will adopt a diverse set of methodological approaches, experimental, qualitative, quantitative, and ethnomethodological. Since this is an introductory course no prior knowledge of economic theories, financial modeling or econometrics is required.
College: New School for Social Research (GF)
Department: Sociology (SOC)
Campus: New York City (GV)
Course Format: Seminar (R)
Modality: In-Person
Max Enrollment: 18
Add/Drop Deadline: February 3, 2026 (Tuesday)
Online Withdrawal Deadline: April 14, 2026 (Tuesday)
Seats Available: Yes
Status: Open*
* Status information is updated every few minutes. The status of this course may have changed since the last update. Open seats may have restrictions that will prevent some students from registering. Updated: 9:18pm EDT 10/6/2025