Cultural Economics
Field of study
Social and Behavioral Sciences
Economics
General
Cultural Economics
Cultural Economics
Milton Marquis
Field of study
Social and Behavioral Sciences
Economics
General
$45.00
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Economics is a social science that attempts to understand the actions of individuals and the institutions that they create. At the heart of economic analysis is the individual, who is seen to make dynamic choices in the face of uncertainty, given the constraints (such as time and budget) which place limits on those decisions. Of course, individuals are members of society. In fact, most individuals identify closely with only one or, at most, a very few cultures, each of which has its own cultural heritage. In recent years, the economics profession has begun to recognize the importance of culture to the individual and has evolved a rapidly expanding subdiscipline of Cultural Economics that focuses exclusively on the analysis of cultural activities as integral workings of the overall economy. This book is intended to provide an in-depth introduction to the economist’s perspective on the consumption, valuation, and perpetuation of a society’s cultural heritage.

A unique aspect of Cultural Economics is the recognition that creativity and the creative individual are essential to both the production and the consumption of works of art that eventually come to define a culture. Art, if it is to be art, must be transformational: appreciated for its beauty or emotional power. However, that appreciation must have an historical and cultural context, and is thus a shared experienced involving both the artist, whose work reflects the times in which it was created, and the viewer, whose own personal history and cultural knowledge color how he or she experiences the work of art.

Copyright 2017, Milton H Marquis
Copyright License Standard Copyright License
Product Details 5.5 x 8.5 Premium Color Glossy Perfect Bound
Page Count 376 pages
Type of Publication Textbook
Keywords cultural economics, economics of art and culture
Audience University/Post-secondary education
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