Art and Its Markets I

About this course

The course uses real-world scenarios and case-based investigation to examine how the art market operates. Topics include the roles of shippers, restorers and technology businesses, alongside the practical and scholarly considerations involved in buying and owning art. Participants explore how art acquires value, how specialists estimate it, and how value relates to price in different sales settings. The course also considers negotiation, restitution research and situations where art-market activity intersects with the law.

What you'll learn

• Explain how art accrues value and how market participants use that value.
• Distinguish between value and price in art-market transactions.
• Analyse how sales are negotiated across different market settings.
• Identify practical considerations involved in buying and owning art.
• Describe how shippers, restorers, technology businesses and other specialists support the art market.
• Examine the relationship between art-market activity, restitution and the law.

Is this course right for you?

The course is labelled All Levels and examines the art market through investigation of businesses, transactions, valuation and legal cases. This suggests it is intended for learners at varied stages, including those developing their understanding through real-world examples rather than a narrowly specialised study route.