Module 8: Economic Issues of Cultural Heritage Management

Athina Fatsea

Description
  • Introduce students to the economic dimension of heritage (both conceptually and methodologically)
  • Introduce students to approach cultural heritage from a sustainable development perspective.
  • Introduce students to the best practices related to cultural management (Management – Marketing – Advertising)
  • Knowledge of the interplay between cultural heritage, local development and management.
  • Provide students with opportunities to apply theoretical knowledge to practical case studies
  • Develop students' critical thinking skills, both as individuals and as members of a group
  • Introduce students to the notion of cultural heritage as a driving force of inclusive local and regional developments.
  • Discuss and elaborate the economic, social, and other benefits related to cultural heritage.
  • Analyze the methods being used to calculate the value of cultural heritage.
  • Introduce students to the contingent valuation methodology of cultural heritage.
Course Objectives/Goals

Upon the successful completion of the module the students will be able:

CO1. Understand and interpret the notions of cultural heritage and economics in terms of current models and theories and distinguish between cultural, institutional, organizational, and communicational aspects that may hinder the interplay of cultural heritage and management.

CO2. Detect and estimate the challenges related to preservation of cultural heritage management.

CO3. Recognize the complexity of the interplay between economics, management, sustainability and cultural heritage.

CO4. Formulate a research question in the field of cultural management and link it to current research and advanced scholarship.

CO4. Demonstrate ability to synthesize variables and components from different research fields and more specifically cultural heritage and economics.

CO5. Reflect upon their own learning process and develop their soft skills (management, interpersonal, etc.) which are of great importance when dealing with the notions of cultural heritage and management.

Instructional Methods

The course is designed to develop different parts of the learning process, including asynchronous video recorded lectures, discussions on the online platform for specific and topical topics, developing new ideas, presenting, and solving questions and problems, and self-assessment exercises at the end of each module.

The instructor may upload notes, interactive presentations, quizzes, announcements, as well as any other additional multi-media material (videos, news reports, images, interviews, a/v documentation) on the Course’s webpage, which can be found at the electronic used by Ionian University. Moreover, students are required to use the discussion forum in order to communicate and interact with each other. Please note that, other than written text, your responses can include: hyperlinks related to the topic of discussion, video or other audiovisual material, self-recorded audio or video responses, questionnaires and polls, or, any other interactive resource. Students are advised to visit the platform on a regular basis in order to gain access to any newly uploaded educational material, since the above comprise a virtual learning environment for the Course.

Assessment Methods

The overall academic performance of students is based on the assessment of a written assignment, on a formative  assessment, their performance in the final exams and the final assignment. A passing mark in the mid-term assignment is not a prerequisite for his/her participation in the final exams. The final grade awarded to each student is the sum of the grades awarded for the assignment and the final exams. Both the assignments and the final exams are marked in the scale 0 (complete failure) to 100 (absolute success). In order to get a passing mark in the Course, a student must receive a passing mark in the final exams. In a nutshell:

  • The grade awarded for the assignment represents the 20% of the Course’s final grade.
  • The grade awarded for the formative assessment activities represents the 20% of the Course’s final grade
  • The grade awarded for the final exams represents the 60% of the Course’s final grade.
  • In order to get an overall passing mark, a student must be graded with at least 50/100 in the final exams.
  • Final assignment.
Bibliography
  • Throsby, D. (2001) Economics and Culture. Cambridge University Press, Cambridge
  • Mergos, G. & Patsavos, N. (2017) Cultural Heritage as Economic Value: Economic Benefits, Social Opportunities and Challenges of Cultural Heritage for Sustainable Development, Athens: Inherit.
  • Benhamou, Françoise. 2011. “Heritage.” In A Handbook of Cultural Economics, edited by Ruth Towse, 255–62. Cheltenham, UK: Edward Elgar.