Universität Wien

040201 KU Advanced Economic Sociology (MA) (2021W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work


Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).


max. 50 participants
Language: German


Classes (iCal) - next class is marked with N

Thursday 07.10. 16:45 - 18:15 Digital
Thursday 14.10. 16:45 - 18:15 Digital
Thursday 21.10. 16:45 - 18:15 Digital
Thursday 28.10. 16:45 - 18:15 Digital
Thursday 04.11. 16:45 - 18:15 Digital
Thursday 11.11. 16:45 - 18:15 Digital
Thursday 18.11. 16:45 - 18:15 Digital
Thursday 25.11. 16:45 - 18:15 Digital
Seminarraum 17, Kolingasse 14-16, OG02
Thursday 02.12. 16:45 - 18:15 Digital
Thursday 09.12. 16:45 - 18:15 Digital
Thursday 16.12. 16:45 - 18:15 Digital
Seminarraum 17, Kolingasse 14-16, OG02
Thursday 13.01. 16:45 - 18:15 Digital
Thursday 20.01. 16:45 - 18:15 Digital
Thursday 27.01. 16:45 - 18:15 Digital


Aims, contents and method of the course

This course will provide the students with the possibility to deepen a sociological perspective, which critically assesses economic processes and institutions. It will broadly focus on issues of financialisation. We will engage deeply with the field of the social studies of finance, financialisation processes on a macro as well as micro-sociological levels, the role of finance in economic crises, and institutions of financial markets from a sociological perspective.
Aims are:
1. deepening the understanding of interdependencies between economy and society
2. the development of concepts in writing social scientific essays as critically evaluating the field
The content of the course will be delivered based on presentations and discussions of the literature. In addition, students will produce an essay, based on this literature. Students will present their ideas for the essay in the course for in-depth discussions and receiving feedback from both, peers and instructor.

Assessment and permitted materials

Preparation and discussion of the literature,
essay and presentation,
participation and peer feedback

Minimum requirements and assessment criteria

-preparation and discussion of the key literature (including comments and discussion questions, participating in discussions) 30% of the grade
-presentation of the essay plan 20%
-essay 30%
-active participation and formal peer feedback 20%

For a positive assessment, all parts of the grade need to be assessed positively and the presence in the course must be fulfilled. Students may be absent for two sessions maximum except their own presentation date. For the essays, all rules and academic principles to ensure scientific quality need to be fulfilled.

Examination topics

Work based on literature, which will be fully introduced in the first session.

Reading list

A complete list will be presented in our first session.
Carruthers, B.G. & Kim, J.C. 2011. The sociology of finance. Annual review of Sociology, 37, 239-259
Fligstein, N. & Dauter, L. 2007. The sociology of markets. Annual Review of Sociology, 33, 105-128
Knorr Cetina, K. 2009. What is a Financial Market? in Beckert, J. & Deutschmann, C. (eds): Wirtschaftssoziologie, Kölner Zeitschrift für Soziologie und Sozialpsychologie, Sonderheft 49/2009, 326-344.
MacKenzie, D. & Millo, Y. 2003. Constructing a market, performing theory: The historical sociology of a financial derivatives exchange. Annual journal of sociology, 109(1), 107-145.
MacKenzie, D. 2011. The credit crisis as a problem in the sociology of knowledge. American Journal of Sociology, 116(6), 1778-1841
Coombs, N. 2016. What is an algorithm? Financial regulation in the high-frequency trading. Economy and society, 45(2), 278-302.
Krippner, G. 2011. Capitalizing on Crisis.
Ho, K. 2009. Liquidated.
Fourcade, M. & Healy, K. 2013. Classification situations: Life-chances in the neoliberal era. Accounting, Organizations and Society 38(8):559-572.
Poon, M. 2009. From new deal institutions to capital markets: Commercial consumer risk scores and the making of subprime mortgage finance. Accounting, Organizations and Society 34(5):654-674.
Zingales, L. 2015. Does Finance Benefit Society? NBER Working Paper.

Association in the course directory

Last modified: Fr 12.05.2023 00:12