The course considers the analysis of cultural economics. To this aim, the main economic theoretical foundations are presented jointly with the fundamental practical issues of cultural economics. In particular, the analysis of consumers preferences and utility typical of cultural economics is carried out. The course analyses the definition and concept of cultural capital, and cultural sustainability. In this respect the role of externalities and public goods, and the phenomena of the cost disease are analyzed both theoretically and empirically. Moreover, the role of intellectual property rights and specific analyses of museums, cultural heritage, auction for arts, are analyzed.
Curriculum
teacher profile teaching materials
Characteristics of the demand for cultural consumption: microeconomic models and socio-demographic factors.
Cultural supply and production: museums, theatres, festivals, creative industries.
Market failures, merit goods, and public intervention.
Cultural policies and financing models (fiscal, regulatory, Art Bonus, partnerships).
Methods for the economic valuation of cultural heritage and its territorial impact.
Culture and tourism: interactions and local development.
Innovation and digitalization: platforms, new technologies, and sustainability.
Programme
Object and theoretical foundations of the economics of cultural goods.Characteristics of the demand for cultural consumption: microeconomic models and socio-demographic factors.
Cultural supply and production: museums, theatres, festivals, creative industries.
Market failures, merit goods, and public intervention.
Cultural policies and financing models (fiscal, regulatory, Art Bonus, partnerships).
Methods for the economic valuation of cultural heritage and its territorial impact.
Culture and tourism: interactions and local development.
Innovation and digitalization: platforms, new technologies, and sustainability.
Type of evaluation
The exam consists of an oral test with at least three questions on the topics covered in class and in the readings. Assessment criteria: Understanding of the fundamental elements and correct use of economic terminology. Critical and comparative skills. Clarity of presentation and command of technical language. Ability to interpret graphs and data. teacher profile teaching materials
Characteristics of the demand for cultural consumption: microeconomic models and socio-demographic factors.
Cultural supply and production: museums, theatres, festivals, creative industries.
Market failures, merit goods, and public intervention.
Cultural policies and financing models (fiscal, regulatory, Art Bonus, partnerships).
Methods for the economic valuation of cultural heritage and its territorial impact.
Culture and tourism: interactions and local development.
Innovation and digitalization: platforms, new technologies, and sustainability.
Programme
Object and theoretical foundations of the economics of cultural goods.Characteristics of the demand for cultural consumption: microeconomic models and socio-demographic factors.
Cultural supply and production: museums, theatres, festivals, creative industries.
Market failures, merit goods, and public intervention.
Cultural policies and financing models (fiscal, regulatory, Art Bonus, partnerships).
Methods for the economic valuation of cultural heritage and its territorial impact.
Culture and tourism: interactions and local development.
Innovation and digitalization: platforms, new technologies, and sustainability.
Type of evaluation
The exam consists of an oral test with at least three questions on the topics covered in class and in the readings. Assessment criteria: Understanding of the fundamental elements and correct use of economic terminology. Critical and comparative skills. Clarity of presentation and command of technical language. Ability to interpret graphs and data.