What determines the price of a pop concert or an opera? Why does Hollywood dominate the film industry? Does illegal downloading damage the record industry? Does free entry to museums bring in more visitors? In A Textbook of Cultural Economics, one of the world's leading cultural economists shows how we can use the theories and methods of economics to answer these and a host of other questions concerning the arts (performing arts, visual arts and literature), heritage (museums and built heritage) and creative industries (the music, publishing and film industries, broadcasting). Using international examples and covering the most up-to-date research, the book does not assume a prior knowledge of economics. It is ideally suited for students taking a course on the economics of the arts as part of an arts administration, business, management, or economics degree.
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Ruth Towse is Professor of Economics of Creative Industries at Bournemouth University and Professor Emerita at Erasmus Univeristy, Rotterdam. Professor Towse is one of the world's leading cultural economists and has taught in universities in the UK, the Netherlands, Italy and Thailand. She was Joint Editor of the Journal of Cultural Economics from 1993 to 2002 and President of the Association for Cultural Economics International from 2006 to 2008. She is a fellow of the Royal Society of Arts.
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