The Economics of News Media
- 1st Edition - August 1, 2026
- Latest edition
- Author: Sangwoo Yang
- Language: English
The Economics of News Media examines the economic underpinnings that shape news media, providing a comprehensive introduction to the field of news media economics that bridge… Read more
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Description
Description
The Economics of News Media examines the economic underpinnings that shape news media, providing a comprehensive introduction to the field of news media economics that bridges the gap between economics, media studies, and journalism. Each chapter delves into critical topics, from the structure of news markets to the implications of media bias, competition, and evolving news landscapes in the digital age. By offering empirical studies and theoretical insights, this work not only addresses the needs of researchers and students, but also provides practical tools for professionals grappling with the economic dynamics of news media.
This is an essential resource for anyone hoping to understand the economic complexities underpinning the news landscape. With clear explanations and rich, global examples, the book offers practical knowledge and approaches to navigate the multifaceted issues of misinformation, media power, and democratic accountability in today’s media environment.
This is an essential resource for anyone hoping to understand the economic complexities underpinning the news landscape. With clear explanations and rich, global examples, the book offers practical knowledge and approaches to navigate the multifaceted issues of misinformation, media power, and democratic accountability in today’s media environment.
Key features
Key features
- Offers a groundbreaking perspective on the economics of news media, analyzing the interplay between economic forces and journalistic practices to uncover the truth behind media shortcomings
- Introduces critical concepts in the field, contrasting idealistic views of journalism with economic realities
- Explores the structure and evolution of the news market and its impact on democratic processes
- Serves as an essential reference for students and researchers, and engages learners with a range of practical examples
- Addresses a significant gap in the literature by synthesizing economic theories and empirical studies
Readership
Readership
advanced undergraduate and graduate level students of news media economics
Table of contents
Table of contents
1. Distant but Close Neighbors: Economics and Media
2. The News Market and Its Key Players
3. The Development of the News Market and the Transformation of Journalism
4. The Role of News Media for Democracy
5. Theories of Media Bias: The Inescapable Shackles
6. News Quality: Double Standards and Objective Criteria
7. The Virtues and Vices of Free Competition in News Markets
8. The Myth of Unbiased Reporting: Empirical Evidence
9. Media Capture and Media Power
10. Empirical Studies: Various Media Capture Cases Around the Globe
11. The Digital Age and News Media
2. The News Market and Its Key Players
3. The Development of the News Market and the Transformation of Journalism
4. The Role of News Media for Democracy
5. Theories of Media Bias: The Inescapable Shackles
6. News Quality: Double Standards and Objective Criteria
7. The Virtues and Vices of Free Competition in News Markets
8. The Myth of Unbiased Reporting: Empirical Evidence
9. Media Capture and Media Power
10. Empirical Studies: Various Media Capture Cases Around the Globe
11. The Digital Age and News Media
Product details
Product details
- Edition: 1
- Latest edition
- Published: August 1, 2026
- Language: English
About the author
About the author
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Sangwoo Yang
Sangwoo Yang combines a deep understanding of both economics and journalism, integrating theoretical expertise with hands-on experience. He is currently a professor of economics at Yonsei University, South Korea, where he teaches courses such as Economics of News Media at the Graduate School of Economics and the Department of Economics, and News Markets and Journalism at the Graduate School of Journalism, Media and Communication. His research has been published in journals such as Information Economics and Policy and Applied Economics Letters. He has also contributed towards academic scholarship in media economics through peer review contributions to journals such as the Journal of Media Economics.
Affiliations and expertise
Professor of Economics, Yonsei University, South Korea