KLS 3410 Cultural Economics

KLS 3410 Cultural Economics

Course code: 
KLS 3410
Department: 
Communication and Culture
Credits: 
7.5
Course coordinator: 
Peter Booth
Course name in Norwegian: 
Kultur√łkonomi
Product category: 
Bachelor
Portfolio: 
Bachelor of Creative Industries Management - Programme Courses
Semester: 
2024 Spring
Active status: 
Active
Level of study: 
Bachelor
Teaching language: 
Norwegian
Course type: 
One semester
Introduction

Cultural Economics introduces cultural and creative industries in an economic framework and is an important foundation course for introducing economic theories and methods of analysis in Creative Industries Management's program courses.

Students are equipped with theoretical concepts and analytical tools to understand valuation in relation to cultural and creative goods, and why certain cultural goods receive public subsidies. In addition, the course will cover critical economic questions about the supply and demand of cultural and creative goods. This includes recent research on the characteristics of creative work, the formation of consumer preferences, consumer theory, segmentation and digital consumption.

The course is based on two main questions: What is cultural economics? And how is cultural economics used in practice? The course is conducted with theory linked to case studies.

Learning outcomes - Knowledge

Students will learn about basic theoretical and analytical tools to evaluate processes and dynamics in the cultural and creative industries. They will acquire knowledge about:

  • key characteristics of cultural and creative goods
  • arguments for public support for the cultural sector
  • theories of value in the cultural and creative industries
  • methods for assessing economic and non-economic values
  • theories about creative workers' motivation and income
  • consumer behavior in the creative industries
Learning outcomes - Skills

The students should able to explain and analyze the basic behavior of the key actors within the creative industries. They will learn:

  • to identify a range of economic-related issues within the cultural and creative industries
  • to apply economic theories and tools to understand the fundamental dynamics within the cultural and creative industries
General Competence

The students will learn to apply methods from economics as an analytical approach to making sense of the cultural and creative industries. By treating important concepts from cultural economics in a single course, the course will prepare the students' use of these concepts in the industry-specific courses.

Course content
  • What is cultural economics?
  • Organization of markets in the creative industry
  • Economic arguments for public support for cultural goods
  • Economic and non-economic values in cultural and creative goods
  • Creative workers' labor market and income
  • Economics of copyright
  • Digital distribution of cultural and creative goods
  • Consumer theory, market segmentation and audience research on cultural and creative goods
Teaching and learning activities

The course is conducted using lectures and case discussions.

The course has work requirements with four assignments to be written in note form. Three of the assignments must be approved in order for the students to sit the exam.

Software tools
No specified computer-based tools are required.
Additional information

Instruction

The teaching will take place using a combination of Norwegian and English. The lectures will be in English, while the discussions will take place in Norwegian. The exam can be answered in Norwegian or English.

Continuation

Students who do not get the work requirement approved in the course are not allowed to sit the exam. This means that they must take the entire course again when completing it later.

Students that have not passed the written examination or who wish to improve their grade may re-take the examination in connection with the next scheduled examination.

Mandatory courseworkCourseworks givenCourseworks requiredComment coursework
Mandatory43
Mandatory coursework:
Mandatory coursework:Mandatory
Courseworks given:4
Courseworks required:3
Comment coursework:
Assessments
Assessments
Exam category: 
Submission
Form of assessment: 
Written submission
Weight: 
100
Grouping: 
Group/Individual (1 - 3)
Duration: 
2 Week(s)
Exam code: 
KLS 34101
Grading scale: 
ECTS
Resit: 
Examination every semester
Type of Assessment: 
Ordinary examination
Total weight: 
100
Student workload
ActivityDurationComment
Teaching
30 Hour(s)
Prepare for teaching
40 Hour(s)
Student's own work with learning resources
50 Hour(s)
Submission(s)
80 Hour(s)
Sum workload: 
200

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.