Creative Economy

Interested in the world of culture, art, media? This minor is about that world, about art and money, about creativity and organisation, about the role of the cultural sector in the economy.

Name of minor: Creative Economy
Code: MINESHCC-2 2017
Teaching language: English
Offered by: Erasmus School of History, Culture and Communication (ESHCC); Arts and Culture Studies
Other programmes which are contributing to the minor: not applicable
Access: See admissions matrix

Content

The main objective of this minor is to gain insight into the economic dimensions of the cultural world and the importance of the world of culture for the economy. Students will gain a cultural-economic perspective. They will learn about the tension between financial interests and cultural values and how the world of culture copes with this tension. They will learn about the art market, the marketing and organization of culture, and the workings of cultural organizations. In a course on the creative economy they will study recent developments that point at an increasingly important role of creativity in the modern world. This course will also pay attention to the particularities of cultural organizations. 

Learning objectives:

After completing the minor, students should have a wide-ranging knowledge and critical understanding of the cultural economic perspective, of the economic dimension of the world of the arts, of recent developments in the creative economy, and of the particularities of cultural organizations. 

Specific characteristics:

Proficiency in spoken and written English is essential. We advise a VWO-final examination grade of 7 or higher, a TOEFL-test minimum score of 100 or an IELTS-test minimum score of 7. 

Organisation

Maximum number of students that can participate in the minor: 30
Minimum number of students that can participate in the minor: 10

Overview modules:

This minor consists of three course modules:

Module 1: The Cultural Economic Perspective
Module 2: Money and the Fine Arts
Module 3: Creative Economy and Creative Organizations 

Module 1: The Cultural Economic Perspective

  • Code: CC9007
  • ECTS: 5
  • Content: The main objective of this course is to familiarize students with key concepts and major perspectives – developments, trends, and problems – in the economics of art and culture.
    The course will present the cultural economic perspective as developed by David Throsby, Bruno Frey and Arjo Klamer. The central question is how artists and cultural organizations realize the social and cultural values of their artistic work. We will consider the relevance for cultural policies in the Dutch and European context.
    During the lectures these concepts will be discussed mainly from a theoretical perspective, but the workgroups will focus on applying them to concrete economic phenomena that are familiar to students from their every day life or from the world of arts and culture.
  • Teaching method: Lectures and workgroups
  • Teaching materials: Beckert, Jens, and Patrik Aspers. 2011. The Worth of Goods: Valuation & Pricing in the Economy. Oxford: Oxford University Press and additional articles.
  • Communication: via Blackboard
  • Contact hours: 8 weeks, 2x2 hours per week

Module 2: Money and the Fine Arts

  • · Code: CC9008
  • · ECTS: 5
  • · Content In this course students will study the tension between fine art and money, and the problems of commercialising artistic processes. The course will be divided into two parts: in the first part, we will discuss different exchange models for art goods illustrated by historical and contemporary case studies and, in the second part, the focus will be on the specifics of contemporary art market (prices, values, indices, rules and conventions, and actors).
  • · Teaching method: lectures
  • · Teaching materials: Additional literature will be made available on Blackboard
  • · Communication: via Blackboard
  • · Contact hours: 8 weeks, 3 hours per week

Module 3: Creative Economy and Creative Organisations

  • · Code: CC9009
  • · ECTS: 5
  • · Content: The economy is changing. Creativity is increasingly seen as a source of competitive advantage and creative assets (such as knowledge, intellectual property, networks, and technology) are increasingly seen as potential generators of economic growth. This course examines this shift in the economy; the ‘cultural’ and ‘creative’ industries; creative work and workers; how organisations foster creativity and balance its pursuit against other goals; the processes that support the making of culture versus those that support its exploitation; and policy and regulations at the local, national and international level. 
  • · Teaching method: Lectures
  • · Teaching materials: To be decided
  • · Communication: via Blackboard
  • · Contact hours: 8 weeks, 3 hours per week

Examination

Examination modules:

Minor students should obtain a pass mark for each of the three modules; it is not possible to compensate for a score below the pass mark. 

Method of examination:

Examination Cultural Economic Perspective: assignments, an essay and a written examination
Examination Money and the Fine Arts: oral presentations, assignments and a written examination
Examination Creative Economy and Creative Organizations: assignments and final essay 

Feedback:

Feedback will be provided, as students will have the opportunity to review their marked examinations and they receive a justified mark for their assignments. 

Contact information

Contact person:
Dr. Pawan Bhansing

bhansing@remove-this.eshcc.eur.nl
Phone: (010) 408 88 90
Room: M7-16

Faculty website:

ESHCC


Bookmark and Share