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Last updated:

May 18, 2022

Duration:

Unlimited Duration

FREE

This course includes:

Unlimited Duration

Badge on Completion

Certificate of completion

Unlimited Duration

Description

The new 'service economy': is it a direct result of globalisation? This course, Living and working in the new economy, examines the switch from manufacturing to services and looks at the impact of information and communication technologies on the economy as a whole. The 'new economy' has many benefits, but at what cost?

Introduction

This course considers four ways in which some social scientists have claimed that there might be a ‘new economy’ coming in to being: the switch from manufacturing to services, globalisation, new technology and flexible labour markets. The good and bad points of economic change, its benefits and costs, are discussed. For example, what does it mean for people trying desperately to balance the urgent demands of work and life? This course provides a sample of Level 1 study in Sociology.

Course learning outcomes

After studying this course, you should be able to:

  • Appreciate different understandings of the new economy
  • Understand claims about the benefits and costs of the new economy.

Course Curriculum

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Open University UK