Economics of Visual Art - Market Practice and Market Resistance

An interdisciplinary microeconomics primer covering for-profit and non-profit institutions in the visual arts.

List of contents

Preface; Introduction; 1. Markets; 2. Cost; 3. Price; 4. Structure; 5. Failure; 6. Power; 7. Labor; 8. Property; 9. Investment; 10. Systems.

About the author

Amy Whitaker is an assistant professor in Visual Arts Administration at New York University and author of award-winning books Museum Legs and Art Thinking.

Summary

An interdisciplinary microeconomics primer covering for-profit and non-profit institutions in the visual arts. Accompanied by hand-drawn illustrations, wide-ranging case studies, and discussion questions, this volume explores the complexities of how economics applies to art, and by extension to design and creative industries.

Additional text

'Amy Whitaker is that rare person who understands both art and business, and how they interact. With this book she takes a deep dive into all aspects of the economics of art, from pricing to how art is legitimated, so enabling readers to better understand the structure of the market as well as more intangible notions, such as that of 'taste'.' Georgina Adam, Financial Times

Product details

• Authors: Amy Whitaker, Amy (New York University) Whitaker, Whitaker Amy
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 30.09.2021
• EAN: 9781108704977
• ISBN: 978-1-108-70497-7
• No. of pages: 418
• Subjects: Social sciences, law, business > Business > Miscellaneous; BUSINESS & ECONOMICS / Management, BUSINESS & ECONOMICS / Economics / Microeconomics, Management of specific areas, Microeconomics