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2011/2012  BA-HAS_CEPO  Cultural Economics and Politics

English Title
Cultural Economics and Politics

Course Information

Language English
Point 7,5 ECTS (225 SAT)
Type Mandatory
Level Bachelor
Duration One Quarter
Course Period Fourth Quarter
Time Table Please see course schedule at e-Campus
Study Board
Study Board for BSc in Service Management
Course Coordinator
  • Trine Bille - Department of Innovation and Organizational Economics
Main Category of the Course
  • Experience economy and service management
Last updated on 29 maj 2012
Learning Objectives
In the end of this course the students should be able to:
  • Demonstrate knowledge and understanding of the central models, concepts and theories presented through the course
  • Systematically analyse cultural economic and political situations with appropriate models and identify key problems
  • Critically assess the value and relevance of models, concepts and theories presented through the course in relation to their practical application and policy implications
  • Demonstrate knowledge of characteristics of demand and participation in the cultural sector
  • Demonstrate knowledge of production and price setting systems, production decision making and financing of cultural good
  • Demonstrate knowledge of market failures and how to correct for market failures.
  • Demonstrate knowledge of the role of government and the regulatory authorities in the cultural sector at different government levels and understand the rationales for the public sector activities in culture
  • Demonstrate knowledge of cultural political instruments and their impact
  • Critically assess the impacts of culture in urban and regional development
  • Demonstrate knowledge of the differences between the different cultural fields and creative industries
Students not enrolled in BSc in Business Administration & Service Management must document a level in English equal to TOEFL 575, and A level in mathematics equal to Danish level B
Cultural Economics and Politics:
Assessment Oral with Written Assignment
Marking Scale 7-step scale
Censorship Internal examiners
Exam Period Summer Term
Aids Please, see the detailed regulations below
Duration 20 Minutes
The final exam is a 72-hour group project. The project can be maximum 10 pages in length and the group size should be 2 - 3 students. The project will be followed by an individual, 20 minutes oral exam, which takes its point of departure in the group project, but also natural relations to theory and models from syllabus. The individual assessment is based on a combined evaluation of the written group project and the individual oral exam.
Make-up examinations are given as an individual oral exam based on the group project. Re-take examinations are given as an individual oral exam based on the group project handed in for the regular examination, as well as a supplementary piece, max. 5 pages in length
Course Content

Course content:
The course will provide an overview of the cultural sector, cultural economics and cultural policy. The course will show how economic theory can be used to analyze economic problems in the cultural sector, dealing with issues like market demand for arts and culture, determinants of participation in arts and culture, market failures like externalities and public goods in the cultural sector, non-market demand for arts and culture, cost-benefit analysis, production, productivity and the earning gab (Boumol and Bowens disease). Cultural policy will be analyzed using relevant theoretical models, and concrete examples of cultural policy at the national as well as at the local level will be analyzed and discussed. Current issues such as culture in local and regional development and experience economy will be covered.

Course aim:
The course aims at giving knowledge about cultural economics and cultural politics in a Western context. Cultural economics will be introduced as a discipline dealing with economic questions of the cultural sector. The course aims at giving the students knowledge about how cultural economics can be used to analyze economic problems in the cultural sector, especially relating to public finance of culture and thereby providing arguments for cultural politics. Besides the course will introduce cultural policy, characterize different models for cultural policy and show different goals and instruments of the different models.

Teaching Methods
The teaching is based on lectures giving overview of the theory, guest lecturers from the industry, and student presentations of selected cases. It is expected that students prepare before classes by reading relevant articles and chapters as suggested in the reading schedule (on LEARN).
Student Workload
Classes 30 hours
Preparation for class 125 hours
Exam 70 hours
  • Ruth Towse (2010): A textbook of Cultural Economics, Cambridge University Press
  • Compendium including articles on cultural economics and politics.

Please note, minor changes may occur. The teacher will upload the final reading list to Learn two weeks before the course starts.- Compendium