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The Economics of Art and Culture - James Heilbrun

The Economics of Art and Culture

Paperback Published: 28th August 2001
ISBN: 9780521637121
Number Of Pages: 426

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The second edition of this survey of the economics of - and public policy towards - the fine arts and performing arts covers arts at federal, state, and local levels in the United States as well as the international arts sector. The work will interest academic readers in the field and scholars of the sociology of the arts, as well as general readers seeking a systematic analysis of the arts. Theoretical concepts are developed from scratch so that readers with no background in economics can follow the argument. The authors look at the arts' historical growth and then examine consumption and production of the live performing arts and the fine arts, the functioning of arts markets, the financial problems of performing arts companies and museums, and the key role of public policy. A final chapter speculates about the future of art and culture in the United States.

"The economics of arts and culture are really not arcane, but arts policy-makers, arts managers and friends of the arts, as well as students and teachers, have needed an accessible guide to the subject, oriented to American conditions, for years. In the Heilbrun and Gray book we have a superb guide, comprehensible to the novice, useful to the initiated, comprehensive in coverage, up-to-date, and beautifully written." Dick Netzer, New York University

An overview of the arts sector
Growth of the arts sector
Audiences for the arts
The Microeconomics of Demand and Supply
Consumer demand: an introduction
The characteristics of arts demand and their policy implications
Production in the performing arts: firms and markets in the performing Arts
Productivity lag and the financial problem of the arts
The market in works of art
The economics of art museums
Should the government subsidize the arts?
Public and/or private support for the arts in the US, Canada, and Western Europe
Direct public support for the arts in the US
The arts as a profession: education, training, and employment
The role of the arts in a local economy
The mass media, public broadcasting, and the cultivation of taste
Conclusion: innovation, arts education, and the future of art and culture in the United States
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521637121
ISBN-10: 0521637120
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 426
Published: 28th August 2001
Publisher: CAMBRIDGE UNIV PR
Country of Publication: GB
Dimensions (cm): 22.8 x 15.2  x 2.8
Weight (kg): 0.59
Edition Number: 2
Edition Type: Revised