
| Course Code | : ML461 |
| Course Type | : Non Departmental Elective |
| Couse Group | : First Cycle (Bachelor's Degree) |
| Education Language | : Turkish |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
The Culture and Art Economy course aims to understand the economic dimensions of cultural and artistic activities. It provides knowledge about the structure, production processes, and financing models of cultural industries. It helps analyze the role of culture and art in economic development. It also encourages reflection on the sustainability of creative sectors and their relationship with public policies.
This course aims to conduct an economic analysis of the fields of art and culture. It covers the supply and demand dynamics of cultural goods, pricing mechanisms, and public interventions. Topics include art markets, museums, cultural heritage, creative industries, and copyright. The course also focuses on artists’ position in the labor market and the measurement of the cultural economy. It seeks to evaluate the economic impact of cultural policies and understand the social returns of cultural investments.
| 1. | The student can explain the economic foundations of culture and art. They analyze the place of cultural goods and services in the market. They can evaluate cultural consumption and production processes from an economic perspective. |
| 2. | The student identifies how art markets function and how artworks are valued. They can discuss the economic roles of actors such as galleries, auctions, and collectors. They explain how the economic value of art is determined. |
| 3. | The student analyzes the impact of public policies in the cultural sectors. They critically assess government support mechanisms and subsidies. They can interpret the social and economic effects of cultural policies. |
| 4. | The student explains the structure and functioning of creative industries. They compare economic models in fields such as music, film, publishing, and digital arts. They evaluate the growth dynamics of these sectors. |
| 5. | he student can use data and indicators to measure the cultural economy. They conduct economic impact analyses to evaluate the cost-benefit relationship of cultural projects. They gain the ability to make assessments through concrete examples. |
| 1. | Borowiecki, K. J., Gray, C. M., & Heilbrun, J. (2023). The Economics of Art and Culture (3rd ed.). Cambridge: Cambridge University Press. |
| 2. | Akdede, Sacit Hadi (2022).Kültür ve Sanat Ekonomisi Kavramlar, Analizler, Modeller . Ekin Yayınevi. |
| Type of Assessment | Count | Percent |
|---|---|---|
| Presentation | 1 | %10 |
| Assignment | 1 | %10 |
| Midterm Examination | 1 | %20 |
| Final Examination | 1 | %60 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 3 | 4 | 98 |
| Assignment | 1 | 10 | 2 | 12 |
| Final Examination | 1 | 15 | 1 | 16 |
| TOTAL WORKLOAD (hours) | 126 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | PÇ-8 | PÇ-9 | |
OÇ-1 | 5 | 3 | 3 | 4 | 3 | 4 | 3 | 5 | 5 |
OÇ-2 | 4 | 4 | 4 | 5 | 3 | 5 | 5 | 3 | 4 |
OÇ-3 | 3 | 3 | 4 | 3 | 5 | 4 | 5 | 5 | 4 |
OÇ-4 | 3 | 3 | 4 | 3 | 5 | 5 | 5 | 4 | 5 |
OÇ-5 | 3 | 3 | 4 | 3 | 5 | 5 | 4 | 4 | 5 |