The course intends to introduce students to the Economy of the cultural sector , with particular emphasis on the field of the management of cultural heritage in Italian experience. To transfer the knowledge useful to understand the peculiarity of cultural and artistic goods and the implication for the functioning of the market and for the formation of market prices. Another aim is to analyse the production function of artists and the role that policy makers can play in this particular market and what are the implications for the local economy and for the development of the tourism sector.
The main objectives of the course are:
Knowledge and understanding abilities:
At the end of the course, the student acquires the knowledge useful to analyze and understand the main features of markets for art and cultural goods, what are their characteristics and peculiarities that distinguish them from other goods. He/she will be able to understand the dynamics that underpin the formation of demand and supply of cultural goods and will be able to understand what are the factors that determine the price formation of such goods. In addition, students will be able to assess the enormous potential that this sector has for the tourism market.
At the end of the course, students will have acquired the knowledge to evaluate the effectiveness and logic of public policies, carried on in Italy and other European countries, in order to support this sector.
Ability to apply knowledge and understanding :
Autonomy of judgment: Once acquired the fundamental concepts of the cultural heritage economy, the student will be able to evaluate the potentialities for the development of the economy and of the productive sector, of artistic and cultural heritage. He/she will be able to understand what are the most appropriate public policies to be adopted to ensure that the cultural heritage can be a boost for the local economy, while preserving its conservation and fruibility for future generations.
Communicative Skills: The student must have the ability to easily explain the characteristics of cultural goods and of the cultural markets and the impact that a good management of artistic and cultural assets may have on tourism. It must also be able to answer clearly and comprehensively both the written and the oral tests.
Learning Skills: The student must demonstrate a good learning ability by deepening his knowledge on relevant bibliographic references on the economy of cultural goods.