32500 - Cultural Economics

Learning outcomes

Student is expected to get a critical picture of mechanisms affecting the markets for the arts and culture. In particular, the student is expected to understand: - the economic features and the objective-functions of the various agents in the markets for the arts and culture - the importance and distribution of information - issues related to the market for contemporary art and to the economic value of creativity.

Course contents

1. Introduction to the course, origins of cultural economics and value creation in CE

2. Basics of economics and opportunity cost, supply and demand

3. Cultural policy and international trade

4. Market models and management in cultural industries

5. From Culture 1.0 to Culture 3.0 (reading and cless discussion - presence and virtual//additional reading will be available on line)

6. Theory of change/Theory

7. Theory of change applied to cultural cases/ working group (presence and virtual)(1)

8. Theory of change applied to cultural cases/ working group (presence and virtual)(2)

9. Design Service applied to cultural case and discussion (1)[work group - virtual and in room]

10. Design Service applied to cultural case and presentations (2)[work group - virtual and in room]

Readings/Bibliography

Cultural Economics - August Einarsson - Bifrost University - 2016

Theory of change and Design service tools will e available on the site.

Teaching methods

On line lessons, room lessons, working groups.

Assessment methods

The course consists of two distinct parts: a theoretical and an operational one. The theoretical part, which will be developed online and in room, will have a final written evaluation (through the eol platform). The test will consist of closed questions (1/3), short open questions (1/3) and large open questions (1/3).

This test will represent 70% of the final evaluation.

The second part will include learning DS techniques applied to cultural contexts. In this phase, an active participation of the students is required, in small groups, to draw up and evaluate cultural projects.

This phase would be valuated in the following proportion:

5%: quality class partecipation and cooperation

20%: team work project and presentation

5%: peer evaluation

“Bonus Track” (Optional - from 2 to 3 points on the final grade): The best way to learn is by teaching! This “Bonus Track” is designed to do just that. The student will pick a topic of special interest. He/She will then conduct some background research on it and share his/her findings with the class conducting a real lecture. This will count as extra credits!

Teaching tools

Blackboars, short movies, slides. Slides are a support to teaching and cannot be considered an alternative to the book, for this reason they will not be distributed.

Students are recommended to be equipped with a device (smartphone, tablet or laptop), with usefull conference call programs installed, and earphones with microphone.

Office hours

See the website of Sabrina Pedrini