Sunday, February 10, 2019

Modern Music Industry in Review

Source: Spotify for Developers

  1. Research topic: How do people choose what music to listen to? 
  2. Key Economic Principle Addressing: Because of scarcity, people choose. All choices have an opportunity cost. 
  3. Overall Research Question That Connects My Topic To The Economic Principle: How do current factors like technology and personal preferences affect the consumption of music? 
  4. Sub Questions That Help Address The Overall Research Question 
    1. How do radio stations affect public opinion of current songs? 
    2. How do free music streaming services like Spotify and Soundcloud affect how people consume music? 
    3. Does media coverage of artists (scandals, awards, etc.) change their sales?
  5. Reliable Sources:
    1. Gale Pop Culture Collection #1
    2. Gale Pop Culture Collection #2
    3. Billboard

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