Course Info

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Course Info for AHIS - 218 - 01, Spring 2025
Class number: 2918 Title: Art and Its Markets Department: Fine Arts
Career: Undergraduate Component: Lecture Session: Regular
Instructor's Permission Required: No Grading Basis: Regular Units: 1.00
Enrollment limited to 25 Current enrollment: 25 Available seats: 0
Start date: Tuesday, January 21, 2025 End date: Friday, May 9, 2025 Mode of Instruction: In Person
Schedule: TR: 1:30PM-2:45PM, CT - 105 Instructor(s): Hatch, Michael
Prerequisite(s): None
Distribution Requirement: Meets Arts Requirement
Note: 2 seats reserved for IART students.
Course Description:
The sale of artwork, both contemporary and classical, comprises one of the most fascinating luxury markets in today's economy. It behaves more unpredictably than almost any other market. Many of its goods are non-fungible, and it often requires academic expertise. In this class, students approach art history from a market perspective, addressing topics such as patronage, market diversification, looting, NFTs, and the historical development of the auction house, museum, and gallery systems. Examples are taken from global sources. Students will visit auctions and galleries in New York and will write proposals for the acquisition of actual artworks to nearby museums. As such, this course offers a chance for students to build practical experience with galleries, auction houses, and museums.