27910 - Economics of Culture (1) (LM)

Learning outcomes

At the end of the course the student is able to understand the links between economy and culture and to identify, analyze and evaluate the mechanisms of the cultural industry and creativity market. The student also acquires some of the tools required to operate in the management of cultural field, like exhibitions, museums, archives, book publishing or television and multimedia cultural markets.

Course contents

The relationship between art and economy. Economic and artistic value of cultural goods and services. The market for cultural goods and services. The supply and demand of art goods and services. The economic role of critique.

The book market. Demand and supply of reading. Economic structure and market trends. The effect of digitalisation. Concentration in the publishing market.

The fine art market. Supply and demand for visual art. Originals, copies and fakes in the fine art market. Primary, secondary and auction market.

The museum market. The economic sustainability of cultural markets and the role of the public sector.(Modificato)Ripristina originale

Readings/Bibliography

Slides provided by the teacher.

Some topics are presented in:

G. Candela, A.E. Scorcu, Economia delle arti (II ed.), Zanichelli, Bologna, in print.

F. Benhamou, 2020, L' economia della cultura. Il Mulino, Bologna

A. Eirnasson, Cultural Economic, 2016. BjFrost University.

Further references will be given during the lessons.

Teaching methods

Frontal lessons

Assessment methods

Oral exam on the published program. The exam is aimed at assessing the level of knowledge of the topics presented in the lessons. The program and exam methods are the same for attending and non-attending students.

The grade is expressed in thirtieths.

The evaluation will follow the following grid:
Insufficient preparation and analytical capacity: failed.
Sufficient preparation and analytical skills, expressed in formally correct language: 18-22
Adequate preparation, sufficient analytical ability, even if not particularly articulated, expressed in correct language: 23-26.
In-depth knowledge of the topics addressed in the course, good analytical and critical skills, mastery of specific terminology: 27-29.
High in-depth knowledge of the topics addressed in the course, critical analysis and connection skills, mastery of specific terminology: 30-30L.

It is not possible to use books, notes or digital or any electronic equipment during the exams.

Registration for the exam is mandatory. Students must register through AlmaEsami according to the general rules of the University of Bologna. In case of difficulty in registering it is necessary to consult the CESIA Help Desk.
The publication and recording of the votes takes place via Almaesami. Registration normally takes place 4 days after the publication of the votes.

The student who achieves a positive evaluation (greater than 18/30) can refuse the grade only once, by giving written notice at least two days before the scheduled date of registration of the results of the written test. The registration of the rejected grade occurs according to the procedures established by the University.

Office hours

See the website of Antonello Eugenio Scorcu