This course examines how economic principles are applied in government regulation of the music industry. Production, distribution and consumption of recorded music in the U.S. are affected by copyright laws, licensing statutes, regulations, and judicial decisions. Students examine the forces and principles of economics, including the power to establish royalties paid by streaming and other services to the owners of musical copyrights, and how they’re applied (or misapplied!) when the government implements regulatory requirements established by Congress.