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Karol J.Borowiecki,Charles M.Gray,JamesHeilbrun

The Economics of Art and Culture

The Economics of Art and Culture

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This updated classic provides a comprehensive guide to navigating the creative industries, covering economics, performing arts, and public policy. It develops theoretical concepts from scratch and covers changes in the economic landscapes, with examples and cases from various databases. Students learn to assess academic results and apply the learned material through discussion questions and problem sets.

Format: Hardback
Length: 500 pages
Publication date: 28 September 2023
Publisher: Cambridge University Press


This extensively revised and updated classic provides a comprehensive guide to navigating the economics of the fine arts, performing arts, and public policy. Drawing on real-world data, engaging case studies, and cutting-edge research, it equips students with the skills necessary for careers in the cultural, creative, and public sectors. By avoiding mathematical treatments and explaining theories through examples, this book develops theoretical concepts from scratch, making it accessible to readers with no prior background in economics. While most of the theory remains timeless, this new edition incorporates significant updates to reflect changes in the global economic landscape. These updates include new sections on gender representation, cultural districts and tourism, digital broadcasting and streaming, the impact of technology on the arts, and arts management and strategy. The authors demonstrate data-driven decision-making through practical examples and case studies drawn from various databases. Students are encouraged to assess their academic progress through discussion questions and problem sets, applying the learned material to real-world scenarios.

Weight: 940g
Dimension: 260 x 207 x 21 (mm)
ISBN-13: 9780521870306
Edition number: 3 Revised edition

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