SOSA 2141 Lecture Notes - Lecture 17: Canadian Imperial Bank Of Commerce, Deskilling, Occupational Segregation

23 views3 pages
Week 10, March 9 – Where are the jobs? Labour Market Trends in Canada
What is ‘The Economy”?
The Canadian economy? The local economy?
A place of much uncertainty
“The economy is doing well”; “the economy collapsed”, etc…what is the thing we call “the
economy”
Economy is different from other realms of life – economic sphere as opposed to political
sphere, cultural sphere
What it’s not: politics, society, the household… or so we think
‘Economy’ dates back only to the mid 19th century
Adam Smith and others did not call themselves economists, partaking in economics, but rather
political economy
Economy then referred to the prudent use of resources; did not refer to this fixed space
A social construct depicting a “sphere” in which all production (labour) and consumption
(buying and selling) of goods and services happens
Connected to the emergence of “mathematical economics” (aka macroeconomics)
Only used in this way since WWII
CONSTRUCTED as separate from society, culture, politics, the household…but is it?
Not a natural inevitable thing, but a social construction humans created
What is “the economy” made of?
Sectors (agriculture, manufacturing, energy, financials..etc.)
Industries (Auto, video game, pharmaceuticals, beverages, etc.)
Businesses
Workplaces
Occupations
Jobs
find more resources at oneclass.com
find more resources at oneclass.com
Unlock document

This preview shows page 1 of the document.
Unlock all 3 pages and 3 million more documents.

Already have an account? Log in

Get access

Grade+
$10 USD/m
Billed $120 USD annually
Homework Help
Class Notes
Textbook Notes
40 Verified Answers
Study Guides
1 Booster Class
Class+
$8 USD/m
Billed $96 USD annually
Homework Help
Class Notes
Textbook Notes
30 Verified Answers
Study Guides
1 Booster Class