1. Introduction -- 2. Consuming Music -- 3. Basic Producer Theory -- 4. The Music Industry Disrupted: The COVID Era …This book uses economic theory to explain how consumers and producers have responded to major changes in the music …. Byun has done extensive research on the changes in the music industry using applied economic theory. …

"This highly original book develops a systematic zero-net-profit comparative statics theory of the firm that challenges … many widely held views in microeconomics. It builds a bridge between the marginalist long-run theory of the firm and … Sraffian theory to create a unified theoretical framework that explains how firms react to exogenous shocks resulting in new …