Curriculum Arts, Culture & Creative Industries
Arts, Culture & Creative Industries
The economics of creativity - the performing arts and cost disease, the art market, museums, publishing, fashion, Indian cinema and handicrafts, heritage, and culture as an export.
- What Is the Creative Economy? How economists define and measure the creative economy, which industries it includes, and why it has grown in importance. 📄 Read-aloud
- Baumol's Cost Disease and the Performing Arts Why the cost of live performances keeps rising faster than other prices, as economists William Baumol and William Bowen explained in 1966. 📄 Read-aloud
- How the Art Market Works How paintings and sculptures are bought and sold through galleries, dealers and auctions, why prices can reach hundreds of millions, and the market's peculiarities. 📄 Read-aloud
- The Economics of Museums How museums are funded, why many offer free or cheap entry, and the debates over pricing, blockbuster exhibitions and accessibility. 📄 Read-aloud
- The Economics of Book Publishing How publishers decide which books to publish, how authors are paid, why most books earn little, and how digital formats changed the industry. 📄 Read-aloud
- Fashion and Fast Fashion How the fashion industry works, the rise of fast fashion that makes clothing cheap and quick, and its environmental and labour costs. 📄 Read-aloud
- Arts, Culture & Creative Industries: Checkpoint 1 Quick checkpoint - five questions on the creative economy, cost disease, the art market, museums, publishing and fashion. 5 questions
- India's Handicrafts and Handlooms How millions of Indian artisans and weavers make a living, the economic pressures they face, and how geographical indications and online markets can help. 📄 Read-aloud
- The Economics of Indian Cinema How India became the world's largest producer of films, the economics of Bollywood and regional industries, and how streaming changed the business. 📄 Read-aloud
- Cultural Heritage as an Economic Asset How historic sites and traditions generate economic value through tourism and identity, the costs of preserving them, and UNESCO's role. 📄 Read-aloud
- Should Governments Fund the Arts? The economic arguments for and against public funding of the arts, and the different ways countries support culture. 📄 Read-aloud
- The Korean Wave: Culture as Export How South Korea turned its music, dramas and films into global exports, the role of government support, and the lessons for other countries. 📄 Read-aloud
- The Long Tail How the internet made it profitable to sell huge numbers of niche products, and whether the long tail has lived up to its promise for creators. 📄 Read-aloud