IGNOU BOOK | Economy and Society [English medium] BSOG-176

Product Overview & Details

.BSOG-176: Economy and Society

BSOG-176 – Economy and Society is an IGNOU sociology course that examines how economic activities and social structures influence each other. It helps students understand the relationship between economy, society, institutions, work, markets, and social change.

Main areas covered

1. Economy and Society

• Meaning and relationship between economy and society
• Social dimensions of economic activities
• Economic institutions and their role in society

1. Classical Sociological Perspectives

• Karl Marx: capitalism, class, labour and exploitation
• Max Weber: economy, social action, rationalisation and capitalism
• Émile Durkheim: division of labour and social solidarity

1. Work and Labour

• Meaning and changing nature of work
• Division of labour
• Formal and informal employment
• Labour relations and workplace organisation

1. Capitalism and Markets

• Development of capitalism
• Markets as social institutions
• Commodification
• Relationship between state, market and society

1. Economic Inequality

• Class and economic inequality
• Poverty and unemployment
• Distribution of wealth and resources
• Social consequences of economic inequality

1. Globalisation and Economic Change

• Globalisation and its impact on society
• Liberalisation and privatisation
• Changing employment patterns
• Impact on developing societies such as India

1. Indian Context

• Indian economy and social structure
• Caste, class and occupation
• Rural and urban economies