A Textbook of Cultural Economics

Ruth Towse is Professor of Economics of Creative Industries at Bournemouth University, where she is also Co-Director for Economics at the Centre for Intellectual Property Policy and Management (CIPPM), and CREATe Fellow in Cultural Economics at the University of Glasgow. In 2016, she was made Distinguished Fellow of the Association for Cultural Economics International (ACEI).

• Part I. General Issues in Cultural Economics: 1. Introduction to cultural economics; 2. Economic profile of the cultural sector; 3. Economic organisation of markets in the creative industries; 4. The digital creative economy; 5. Production, costs and supply of cultural goods; 6. Consumption, participation and demand for cultural goods and services; 7. Welfare economics and public finance; Part II. The 'Traditional' Arts and Heritage: 8. Economics of the performing arts; 9. Economics of museums and heritage; 10. Economics of festivals, cities of culture, creative cities and cultural tourism; 11. Economic evaluation cultural policy; Part III. Artists' Labour Markets and Copyright: 12. Economics of artists' labour markets; 13. Economics of copyright; Part IV. The Creative Industries: 14. Economics of creative industries; 15. Economics of the music industry; 16. Economics of the film industry; 17. Economics of videogames; 18. Economics of broadcasting; 19. Economics of book publishing; Part V. Conclusion: 20. Conclusion.

'Ruth Towse is one of the most prominent contributors to the economics of art and culture. This second edition beautifully reflects her great knowledge and devotion to the field, whilst also being highly readable.' Bruno S. Frey, Research Director of the Center for Research in Economics, Management and the Arts (CREMA), Switzerland