aIncludes bibliographical references and index.

Part I: 1. An overview of the arts sector 2. Growth of the arts sector 3. Audiences for the arts Part II. The Microeconomics of Demand and Supply: 4. Consumer demand: an introduction 5. The characteristics of arts demand and their policy implications 6. Production in the performing arts: firms and markets in the performing Arts 8. Productivity lag and the financial problem of the arts 9. The market in works of art 10. The economics of art museums 11. Should the government subsidize the arts? 12. Public and/or private support for the arts in the US, Canada, and Western Europe 13. Direct public support for the arts in the US 14. The arts as a profession: education, training, and employment 15. The role of the arts in a local economy 16. The mass media, public broadcasting, and the cultivation of taste 17. Conclusion: innovation, arts education, and the future of art and culture in the USA.