MCPS3015 Culture and Economy (5 cr)

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Study level:
Advanced studies
Grading scale:
0-5
Language:
English
Responsible organisation:
Department of Social Sciences and Philosophy
Curriculum periods:
2017-2018, 2018-2019, 2019-2020

Description

Content

The course provides an overview of cultural economics linked with the cultural sector, cultural industries, creative industries and cultural policy. The course deals with topics such as the market demand for arts and culture, the status of artists, art and culture as work, creative economy, commons, the determinants of participation in arts and culture, welfare economics, market failures such as externalities and public goods in the cultural sector, the non-market demand for arts and culture, cost-benefit analysis, production, productivity and the earning gap, the value of fine art and the economics of intellectual property.

Completion methods

Lectures / reading groups / essays.

Assessment details

Participating in lectures / reading groups. Writing an essay.

Learning outcomes

The course aims at giving student knowledge about the wide field of culture and economy, including cultural economy and creative industries. The course helps to analyze economic questions in the cultural sector, which are related (for example) to public funding of culture, cultural industry (movies, literature, theatre, festivals, computer games etc. etc.) and inter/transnational and inter/transcultural aspects of cultural economy. The course gives ability to build arguments for cultural politics and cultural economy. Student also learns how to critically analyze policies, processes and cases related to economization of culture.

Literature

  • 6. Hesmondhalgh, David (2007/2013): The Cultural Industries
  • 4. Kong, Lily & Justin O’Connor (2009): Creative economies, Creative cities: Asian-European Perspectives
  • 1. Throsby, David (2010): The Economics of Cultural Policy
  • 3. Flew, Terry (2012): Creative Industries. Culture and Policy
  • When completing the course with lectures, choose one book of the following for the essay. When completing the course only with essays, choose three books of the following:
  • 5. Towse, Ruth (2010): A Textbook of Cultural Economics
  • 2. Smart, Barry (2003): Economy, Culture and Society. A Sociological Critique of Neo-Liberalism

Completion methods

Method 1

Select all marked parts
Parts of the completion methods
x
Unpublished assessment item