By Ruth Towse

ISBN-10: 0511770162

ISBN-13: 9780511770166

ISBN-10: 0521717027

ISBN-13: 9780521717021

ISBN-10: 0521888727

ISBN-13: 9780521888721

What determines the associated fee drop of a pop live performance or an opera? Why does Hollywood dominate the movie undefined? Does unlawful downloading harm the list undefined? Does loose access to museums convey extra viewers? In A Textbook of Cultural Economics, one of many world's best cultural economists indicates how we will use the theories and strategies of economics to respond to those and a number of different questions in regards to the arts (performing arts, visible arts, and literature), background (museums and outfitted background) and inventive industries (the song, publishing, and movie industries, broadcasting). utilizing foreign examples and masking the main up to date study, the booklet doesn't imagine a previous wisdom of economics. it's superb for college kids taking a path at the economics of arts as a part of an arts management, enterprise, administration, or economics measure.

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Extra info for A Textbook of Cultural Economics

Sample text

Unfortunately, though, many of those who took up the cudgels did not make that distinction, particularly those working in the arts, and, indeed, Baumol and other cultural economists occasionally stepped over the positive/ normative divide. Moreover, that can be very difficult to maintain in relation to welfare economics, as will be explained later. History of economic thought on the economics of the arts and heritage To get an idea of the novelty of Baumol and Bowen’s contribution, it is interesting to look at how economists had treated the arts and heritage previously.

2 Economic profile of the cultural sector This chapter investigates various aspects of building an economic profile of the cultural economy and introduces a theme that is taken up, one way or another, in every chapter of the book, namely the role of the private and public sectors in the provision of cultural or creative goods and services. Though the term ‘creative economy’ has become increasingly used, it nevertheless typically covers a broader scope of industries than the arts, heritage and cultural industries as studied in cultural economics, including, as in the Creative Economy Report 2008 published by UNCTAD (2008), scientific and technical – even economic – creativity.

1 Introduction to cultural economics This chapter introduces cultural economics and explains how cultural economists set about analysing the cultural sector – the arts (performing arts, visual arts and literature), heritage (museums and built heritage) and the creative industries (the music, publishing and film industries, broadcasting, and so on). It provides a guide to the terms used throughout the book and prepares the way for the concepts and subject matter of subsequent chapters. What is cultural economics about?

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A Textbook of Cultural Economics by Ruth Towse

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