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A Textbook of Cultural Economics


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Table of Contents

Part I. General Issues in Cultural Economics: 1. Introduction to cultural economics; 2. Economic profile of the cultural sector; 3. Economic organisation of markets in the creative industries; 4. The digital creative economy; 5. Production, costs and supply of cultural goods; 6. Consumption, participation and demand for cultural goods and services; 7. Welfare economics and public finance; Part II. The 'Traditional' Arts and Heritage: 8. Economics of the performing arts; 9. Economics of museums and heritage; 10. Economics of festivals, cities of culture, creative cities and cultural tourism; 11. Economic evaluation cultural policy; Part III. Artists' Labour Markets and Copyright: 12. Economics of artists' labour markets; 13. Economics of copyright; Part IV. The Creative Industries: 14. Economics of creative industries; 15. Economics of the music industry; 16. Economics of the film industry; 17. Economics of videogames; 18. Economics of broadcasting; 19. Economics of book publishing; Part V. Conclusion: 20. Conclusion.

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This second edition offers a comprehensive, up-to-date overview and analysis of cultural economics in the digital creative economy.

About the Author

Ruth Towse is Professor of Economics of Creative Industries at Bournemouth University, where she is also Co-Director for Economics at the Centre for Intellectual Property Policy and Management (CIPPM), and CREATe Fellow in Cultural Economics at the University of Glasgow. In 2016, she was made Distinguished Fellow of the Association for Cultural Economics International (ACEI).


'Ruth Towse is one of the most prominent contributors to the economics of art and culture. This second edition beautifully reflects her great knowledge and devotion to the field, whilst also being highly readable.' Bruno S. Frey, Research Director of the Center for Research in Economics, Management and the Arts (CREMA), Switzerland

'The first edition of A Textbook of Cultural Economics has become a standard work providing an accessible introduction to the application of economic principles and methods to problems in the arts. The book is distinguished by its respect for economic theory, its use of data, and its wealth of illustrative examples. The second edition retains the content and attractive features of the first, but extends the coverage in many ways including the addition of new chapters on the digital economy and the games industry. This book can be highly recommended to students, arts and culture professionals, policy-makers and others as a sound and comprehensive introduction to an increasingly important field of economics.' David Throsby, Macquarie University, Sydney

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