economics of arts and cultural industry

3. Considering the changing environment of the broadcasting industry, does microeconomic analysis provide justification (or not) for the BBC to continue in its current form?

Unpacking Notes: The BBC is the UK’s public service broadcaster, currently funded by mandatory license fee, but its remit is due for renewal in 2016. Even though the question states ‘economic justification’, you can include issues of social welfare as they are generally considered in economic analyses

The maximum length of the essay is 3,500 words (excluding footnotes, appendices, tables and graphs imported from a secondary source and attributed as such and reference list. The word count does include direct quotations, summaries or citations used to credit the source of an idea or to support a point or argument within the main text of the essay, including the name, date and page number [where applicable] used to attribute the source). 3,500 words is the strict maximum, there is no “margin for error”.