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2019/2020  BA-BSACO2001U  Cultural Economics and Policy, 2nd year project: Arts and Culture

English Title
Cultural Economics and Policy, 2nd year project: Arts and Culture

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Bachelor
Duration One Quarter
Start time of the course Fourth Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc in Service Management
Course coordinator
  • Trine Bille - Department of Management, Politics and Philosophy (MPP)
Main academic disciplines
  • Experience economy
Teaching methods
  • Face-to-face teaching
Last updated on 20-04-2020

Relevant links

Learning objectives
In the end of this course the students should be able to:
  • Explain the central models, concepts and theories presented through the course
  • Critically assess the strengths and weakness and the value and relevance of the models, concepts and theories presented through the course in relation to their practical application.
  • Apply the models, concepts and theories presented throughout the course on concrete cultural economic problems.
  • Analyze a problem based on selected theories and methods and argue for the cultural policy implications.
  • Reflect on the consequences of applying different theories and perspectives on a selected cultural economic problem.
Cultural Economics and Policy, 2nd year project: Arts and Culture:
Exam ECTS 7,5
Examination form Home assignment - written product
Individual or group exam Group exam
Please note the rules in the Programme Regulations about identification of individual contributions.
Number of people in the group 2-3
Size of written product Max. 20 pages
The project can also be written individually

The project size should be:
• 1 student: max.10 standard pages
• 2 students: max.15 standard pages
• 3 students: max. 20 standard pages
Assignment type Project
Duration Written product to be submitted on specified date and time.
Grading scale 7-point grading scale
Examiner(s) Internal examiner and external examiner
Exam period Summer
Make-up exam/re-exam
Same examination form as the ordinary exam
Students that did not hand in a project for the ordinary exam must hand in a new problem formulation for the retake exam within a set deadline announced at Canvas.

Students that failed to pass the ordinary exam must hand in a new problem formulation for the retake exam within a set deadline announced at Canvas.

The student cannot claim supervision hours in connection with the retake/ reexam.
Description of the exam procedure

The final exam is a group project which Is also ending 2nd year.

Assessment. The student’s linguistic abilities may be included in the evaluation of the project. This evaluation is an overall evaluation of the academic content including the student’s ability to spell and write, taking into account that the academic content must be given preference, cf. also § 12, paragraph 2. The individual assessment is based on a combined evaluation of the written group project and the individual oral exam.

Course content, structure and pedagogical approach

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.

Description of the 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).

Groups working on their 2nd year project can request, on their own initiative, supervision support. In order to enroll for supervision, groups must submit a problem formulation for their project, as part of the group form. Groups that submit poor or no problem formulation, or submit after the given date, cannot be guaranteed a supervisor.
Feedback during the teaching period
Feedback on oral presentations by students and peer to peer student feedback on project presentations.
Student workload
Classes 30 hours
Preparation for class 106 hours
Exam 70 hours
Expected literature
  • Ruth Towse: A Textbook of Cultural Economics, Second Edition, Cambridge University Press, 2019.
  • Articles on cultural economics and policy.

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

Last updated on 20-04-2020