SOC 4135 Lecture Notes - Lecture 2: Mania, Electric Utility, Essentialism

• School: University of Ottawa
• Department: Sociology
• Course: SOC 4135
• Professor: Aline A Coutinho

Document Summary

Debating the construction of the economy- part 1. The socio- structural approach contextualization behaviourism the repetitive use of human behaviour as a sociological explanation ( too individualistic) shifted to studying social relations occurrence due to patterns. Some assumptions: society is more than just an aggregate of individuals the economny is more than just a social subsystem. A reaction to orthodox economics (common to most perspectives of this course ) laws of the market the supply- demand curve equilibrium proce ( the free competitivie market) isolated and rational omniscient individuals. The construction of a production market sociological view of the market: not aprioristic devices: economics as :fictional , mythical , ex ante point of view that does not account for the real world . Monitor competition and reaction in terms of observables ( eg. ***exam****the schedule of terms of trade: costs and valuation) Action is based on observation of other producers; feedback process!- adjust based on reactions of products.