The
theoretical perspectives of sociology can be broadly categorised into two
camps: macrosociology and microsociology. Macrosociologists focus
on the big picture, which usually means things as social structure, social
institutions, social-political-economic change. They look at large scale social
forces that change the course of human society and the lives of individuals.
Microsociologist, on the other hand study social interaction. They look at how families,
co-workers and other small groups interact; why they interact the way they do,
and how they interpret the meanings of their interactions and social settings. 
Eg:
In studying armed robbery, macrosociologists would discuss why robbery rates
are higher in some communities than others, whether changes in national economy
affects robbery rates etc. Microsociologists would focus on why individual
robbers decide to commit robbery and how they decide their targets. 
Within
the broad macro camp two perspectives dominate: functionalism and social
conflict theories. Within the micro camp the dominating perspectives are:
symbolic interactionism and utilitarianism (rational choice theory/exchange
theory).  [Randal Collins 1994, Four Sociological Traditions].
Table 1.1 Theory Snapshot
| 
Theoretical perspective | 
Major assumptions | 
| 
Functionalism | 
Social
  stability is necessary to have a strong society, and adequate socialization
  and social integration are necessary to achieve social stability. Society’s
  social institutions perform important functions to help ensure social
  stability. Slow social change is desirable, but rapid social change threatens
  social order. Functionalism is a macro theory. | 
| 
Conflict
  theory | 
Society is
  characterized by pervasive inequality based on social class, gender, and
  other factors. Far-reaching social change is needed to reduce or eliminate
  social inequality and to create an egalitarian society. Conflict theory is a
  macro theory. | 
| 
Symbolic
  interactionism | 
People
  construct their roles as they interact; they do not merely learn the roles
  that society has set out for them. As this interaction occurs, individuals
  negotiate their definitions of the situations in which they find themselves and
  socially construct the reality of these situations. In so doing, they rely
  heavily on symbols such as words and gestures to reach a shared understanding
  of their interaction. Symbolic interactionism is a micro theory. | 
| 
Utilitarianism
  (rational choice theory or exchange theory) | 
People act
  to maximize their advantages in a given situation and to reduce their
  disadvantages. If they decide that benefits outweigh disadvantages, they will
  initiate the interaction or continue it if it is already under way. If they
  instead decide that disadvantages outweigh benefits, they will decline to
  begin interacting or stop the interaction if already begun. Social order is
  possible because people realize it will be in their best interests to
  cooperate and to make compromises when necessary. Utilitarianism is a micro
  theory. | 
 
 
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