SO470      Half Unit
The Sociology of Markets

This information is for the 2013/14 session.

Teacher responsible

Dr Juan Pardo Guerra S265


This course is available on the MSc in Economy, Risk and Society , MSc in Political Sociology, MSc in Sociology, MSc in Sociology (Economic Sociology and MSc in Sociology (Research). This course is available as an outside option to students on other programmes where regulations permit.

Course content

This course offers an introduction to social studies of markets: it presents an analysis of markets as complex sociotechnical devices that create and transform specific social worlds. The course covers eight substantive theoretical themes, which are examined through empirical case studies. Case studies are developed by students, and have included: electricity markets, illegal drug markets, pharmaceutical markets, financial markets, supermarkets, and data markets.


10 hours of lectures and 15 hours of seminars in the LT.

Formative coursework

A portfolio documenting two case studies, a presentation and a 1 x 1500 word essay are required.

Indicative reading

Recommended texts: Callon, M. (1998). The laws of the markets. Blackwell Publishers: Oxford; Knorr-Cetina, K., & Preda, A. (2006). The sociology of financial markets. Oxford University Press: Oxford; MacKenzie, D. A., Muniesa, F., & Siu, L. (2007). Do economists make markets? Princeton University Press: Princeton; Pinch, T., & Swedberg, R. (2008). Living in a material world: economic sociology meets science and technology studies. The MIT Press: Cambridge MA.


Essay (100%, 5000 words) in the ST.

Assessment will consist of an essay analysis of two case studies along with the submission of a portfolio (100%).

Two hard copies of the assessed essay, with submission sheets attached to each, to be handed in to the Administration Office, S219A, no later than 16:30 on the second Wednesday of Summer Term. An additional copy to be uploaded to Moodle no later than 18:00 on the same day.

Attendance at all workshop sessions and submission of all set coursework is required.

Student performance results

(2011/12 combined)

Classification % of students
Distinction 5.6
Merit 83.3
Pass 11.1
Fail 0

Key facts

Department: Sociology

Total students 2012/13: 18

Average class size 2012/13: 19

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Self-management
  • Team working
  • Problem solving
  • Communication
  • Application of numeracy skills
  • Specialist skills

Course survey results

(2011/12 - 2012/13 combined)

1 = "best" score, 5 = "worst" score

The scores below are average responses.

Response rate: 77.8%



Reading list (Q2.1)


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