Cultural economics  

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-'''Media economics''' embodies [[economics|economic]] theoretical and practical economic questions specific to [[Mass media|media]] of all types. Of particular concern to media economics are the economic polices and practices of media companies and disciples including [[journalism]] and the [[news industry]], [[film]] production, [[entertainment]] programs, [[Printing|print]], [[Broadcasting|broadcast]], mobile communications, Internet, [[advertising]] and [[public relations]]. [[Deregulation]] of media, media ownership and concentration, market share, intellectual property rights, competitive economic strategies, company economics, "media tax" and other issues are considered parts of the field. Media economics has [[social]], cultural, and economic implications. +'''Cultural economics''' is the branch of [[economics]] that studies the relation of [[culture]] to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to [[institutional economics|institution]]s.
 +==See also==
 +* [[Behavioral economics]]
 +* [[Cultural anthropology]]
 +* [[Cultural policy]]
 +* [[Economics of religion]]
 +* [[Economic anthropology]]
 +* [[Economic sociology]]
 +* [[Economics of the arts and literature]]
 +* [[Evolutionary economics]]
 +* [[Economic imperialism (economics)]]
-Regular study of media economic issues began in the 1970s but flourished in the 1980s with the addition of classes on the subject and U.S. and European universities. ''[[The Journal of Media Economics]]'' began publishing in 1988, edited by [[Robert G. Picard]], one of the founding fathers of the discipline. Since that time the field of inquiry has flourished and there are now hundreds of universities offering courses and programs in media economics. Other significant figures in the field have included [[Steven S. Wildman]], Alan Albarran, [[Bruce M. Owen]], Ben Compaine, Stuart McFadyen, Gillian Doyle, Karl Erik Gustafsson, Nadine Toussaint Desmoulins, Achour Fenni and Stephen Lacy,  
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-Location of media economics research in academe varies depending upon the tradition and history of institutions. In some universities it is located in business schools whereas in others it is located in communication, media and journalism schools or departments or in departments of economics. 
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-The term "[[cultural economics]]" is sometimes used as a [[synonym]] for media economics but they are not substitutable. Cultural economics includes a wide variety of activities that do not necessarily involve mediated dissemination such as museums, symphonies, operas, and festivals. At times these may cross over into media economic issues, such as when audio or video recordings are made of performances or museum holdings are put on CDs. 
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-==See also== 
-* [[Broadcast syndication]] 
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Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions.

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