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Capital theory, social capital and socio-economic systems


Comparative Socio-Economic Systems

7.5 credits




This course examines concepts that are the basis of civilization, such as language, norms, rules and money, designating these as social capital using capital theory, and so considering interpersonal relationships. This introduces cultural factors and cognitive aspects into economic analysis. Theoretical analysis is applied by comparing specific historic socio-economic systems.

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Tools and knowledge for analysing important societal issues After studying Economics, you can work in both the public and private sectors, for national or international organisations, with issues relating to the economics of society. In the private sector, it is common for economists to work at banks or in companies in the financial sector. However, economists may also work at consultancies or other companies that require socio-economic expertise. In the public sector, you could work at government ministries, public authorities, municipalities or the Swedish Riksbank. Studying Economics gives you important, societally beneficial knowledge. After your studies, you will have the tools and knowledge necessary to analyse important societal issues Studying Economics is not only a strength on the labour market, but it also provides an important general education for understanding our societal economy. Read about research in this subject
Entrepreneurship, economic growth and the socio-economic system This course examines theories about the socio-economic system and its impact on entrepreneurial activities and economic growth, covering theories about the economy’s capital structure and the interplay between cultural, political and economic institutions, as well as relating advanced socio-economic theory to societal problems in different economies. You will gain knowledge and understanding of the interplay between economic performance and the surrounding society based on socio-economic theory, as well as about institutional conditions and economic progress based on socio-economic theory. You will also learn how to apply economic theory about the socio-economic system using comparative institutional analysis combined with qualitative and quantitative methods, leading to an understanding of its impact on entrepreneurship and economic growth. The course also relates the economic perspective to other activities, both nationally and internationally, and teaches you how to approach theory-based statements in a critical and analytical manner, as well as to appraise how theoretical perspectives and model selection have an impact on scientific work. Course design The course consists of seminars that are based on introductory lectures. Examination is through written take-home examination, hand-in assignments and active participation in seminars.
How can we manage sparse resources and work towards sustainable economic growth? Economics is important for societal democracy, as the purpose of the subject is to investigate how we manage and distribute sparse resources. The subject therefore has a strong link to most of the UN global goals. Economics has a broad perspective that covers many societal functions, everything from conditions for businesses and employees to those for sustainable development and the role of the financial market in global stability. Economics covers many different areas and has clear links to many current societal problems. Studying the subject provides insight into environmental economics, development economics, financial economics, industrial organisation, labour market economics and various theories of international trade. These areas are strongly associated with current societal problems such as trade wars and globalisation, unemployment and integration, poverty and opportunities for development in low-income countries. If you study Economics, you will gain important societal knowledge that is beneficial on the labour market, as well as tools for analysing important societal problems. At Södertörn University, our aim is to teach the subject using a broad perspective and an unconditional approach.