<?xml version="1.0" encoding="UTF-8"?>
<CourseUnit xmlns="http://www.manchester.ac.uk/CUICourseUnitDetails" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.manchester.ac.uk/CUICourseUnitDetails.xsd">
  <UnitCode Applicant="Y" Label="Unit code" Student="Y">
    <Code>HART20152</Code>
  </UnitCode>
  <UnitTitle Applicant="Y" Label="Unit title" Student="Y">
    <Title>Art Markets</Title>
  </UnitTitle>
  <MaxUnits Applicant="Y" Label="Credit rating" Student="Y">
    <Units>20</Units>
  </MaxUnits>
  <TeachingPeriods Applicant="Y" Label="Teaching period(s)" Student="Y">
    <Period>Semester 2</Period>
  </TeachingPeriods>
  <AcademicCareer Applicant="Y" Label="Academic career" Student="Y">
    <Value>Undergraduate</Value>
  </AcademicCareer>
  <UnitLevel Applicant="Y" Label="Unit level" Student="Y">
    <Level>Level 2</Level>
  </UnitLevel>
  <StaffList Applicant="Y" Label="Teaching staff" RoleLabel="Course Unit Role" Student="Y">
    <StaffMember>
      <Name>Charlie Miller</Name>
      <Role>Unit coordinator</Role>
    </StaffMember>
    <StaffMember>
      <Name>Anthony Gerbino</Name>
      <Role>Unit coordinator</Role>
    </StaffMember>
  </StaffList>
  <OfferedBy Applicant="Y" Label="Offered by" Student="Y">
    <OrganisationList>
      <Organisation>
        <OrgName>Art History and Cultural Practices</OrgName>
      </Organisation>
    </OrganisationList>
    <GroupList>
      <Group>
        <GroupName></GroupName>
      </Group>
    </GroupList>
    <FheqLevels>
      <FheqLevel>
        <LevelNumber>1</LevelNumber>
        <LevelName>FHEQ level (Framework for Higher Education Qualifications) ' Middle part of Bachelors ' </LevelName>
      </FheqLevel>
    </FheqLevels>
    <Ects>
      <MaxUnits>European Credit Transfer &amp; Accumulation System Rating :   10.0</MaxUnits>
    </Ects>
  </OfferedBy>
  <MarketingOverview Applicant="Y" Label="Marketing Course unit overview" Student="">
    <Content>This course addresses the relationship between visual art and its markets. With a roster of speakers that includes both art historians and art-world professionals, the course will provide a historical and conceptual grounding in art markets, while considering how expertise in visual art can be put to use in the contemporary economy beyond the academy.</Content>
  </MarketingOverview>
  <UnitOverview Applicant="" Label="Course unit overview" Student="Y">
    <Content>This course addresses the relationship between visual art and its markets. With a roster of speakers that includes both art historians and art-world professionals, the course will provide a historical and conceptual grounding in art markets, while considering how expertise in visual art can be put to use in the contemporary economy beyond the academy.</Content>
  </UnitOverview>
  <Aims Applicant="Y" Label="Aims" Student="Y">
    <Content>&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;The unit aims to:&amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Offer insights into the development of the market for old master, modern, and contemporary art&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Introduce key aspects of professional practice in the art market&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Address how modern and contemporary art has responded to commercial and economic constraints&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Introduce students to the variety of career pathways associated with the art market and related commercial sectors&lt;/span&gt;&lt;/li&gt;&lt;/ul&gt;</Content>
  </Aims>
  <LearningOutcomes Applicant="Y" Label="Learning outcomes" Student="Y">
    <Content>&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Be able to identify a diversity of current and historical art market practices.&amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Be able to describe the work of art world professionals in a range of settings and address key aspects of how art world professionals carry out their work.&amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Be able to research topics independently using a variety of learning resources.&amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Be able to communicate their knowledge effectively through writing and oral presentation, conveying independent perspectives.&amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Have the ability to manage and organise workloads for guided learning, independent study, the completion of assessed work.&amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Be able to participate in discussions within a group context.&amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Be able to respond to constructive feedback.&lt;/span&gt;&lt;/p&gt;</Content>
  </LearningOutcomes>
  <Knowledge Applicant="Y" Label="Knowledge and understanding" Student="Y">
    <Content>&lt;ul&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Account for the development of the market for old master, modern, and contemporary art.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Account for the ways in which modern and contemporary art have responded to commercial and economic constraints.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Understand a variety of professional roles for art history graduates.&lt;/span&gt;&lt;/li&gt;&lt;/ul&gt;</Content>
  </Knowledge>
  <IntellectualSkills Applicant="Y" Label="Intellectual skills" Student="Y">
    <Content>&lt;ul&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Account for the ways in which the markets for old masters, modern art, and contemporary art differ historically.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Understand and use research tools for provenance, attribution, sales, and collections.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Read and critically analyse primary and secondary sources related to the development of the art market.&lt;/span&gt;&lt;/li&gt;&lt;/ul&gt;</Content>
  </IntellectualSkills>
  <PracticalSkills Applicant="Y" Label="Practical skills" Student="Y">
    <Content>&lt;ul&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Engage with online learning materials in preparation of assessed work.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Examine scholarly readings of individual artworks.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Undertake supervised research to meet assessment requirements.&lt;/span&gt;&lt;/li&gt;&lt;/ul&gt;</Content>
  </PracticalSkills>
  <TransferableSkills Applicant="Y" Label="Transferable skills and personal qualities" Student="Y">
    <Content>&lt;ul&gt;&lt;li&gt;Develop and complete assessments to specified deadlines.&lt;/li&gt;&lt;li&gt;Present coherent arguments in written work.&amp;nbsp;&lt;/li&gt;&lt;li&gt;Respond positively to constructive feedback.&lt;/li&gt;&lt;/ul&gt;</Content>
  </TransferableSkills>
  <EmployabilitySkillsList Applicant="Y" Label="Employability skills" Student="Y">
    <Skill>
      <SkillId></SkillId>
      <SkillDescription></SkillDescription>
    </Skill>
  </EmployabilitySkillsList>
  <Syllabus Applicant="Y" Label="Syllabus" Student="Y">
    <Content>&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Topics may include:&amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Restoration and the Modern Market for Italian 'Primitives'.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Provenance and Auctions: the Dutch Art Market.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Connoisseurship and Value.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;The Market for Modern Art: From Impressionism to Cubism.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Nazi Looting and Restitution.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;The Artist as Brand Name.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Artists of Colour and the Market.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;The Globalisation of the Art Market.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Conceptual Art and the Market.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Digital Art and NFTs.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Architectural planning, heritage and conservation.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;In addition, the course will include practice-based lectures and discussion with visting art world professionals.&amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Possible topics include:&amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Running a non-commercial gallery.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Running a commercial gallery.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Organising a Biennial.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Organising an art fair.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Art advising.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Running a community arts institution.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Journalism and Art Writing.&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Making arts documentaries.&lt;/span&gt;&lt;/li&gt;&lt;/ul&gt;</Content>
  </Syllabus>
  <TeachingMethods Applicant="Y" Label="Teaching and learning methods" Student="Y">
    <Content>In this seminar-based course unit students are required to prepare for collective discussion of set readings, questions and artworks. All teaching materials and activities will be available in advance on Blackboard.</Content>
  </TeachingMethods>
  <AssessmentMethods Applicant="Y" Label="Assessment methods" Student="Y">
    <IntroText> </IntroText>
    <Method>
      <MethodId>0</MethodId>
      <MethodName>Other</MethodName>
      <MethodWeight>100%</MethodWeight>
    </Method>
    <OtherDescription>&lt;figure class="table"&gt;&lt;table&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;&lt;strong&gt;Formative Assessment Task&lt;/strong&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;&lt;strong&gt;Length&lt;/strong&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Essay Plan&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;500 words&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;/figure&gt;&lt;figure class="table"&gt;&lt;table&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;&lt;strong&gt;Summative Assessment Task&lt;/strong&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;&lt;strong&gt;Length&lt;/strong&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;&lt;strong&gt;Weighting within the unit (if relevant)&lt;/strong&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Essay 1&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;2,000&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;50%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Project&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&amp;nbsp;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;50%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;/figure&gt;</OtherDescription>
  </AssessmentMethods>
  <FeedbackMethods Applicant="Y" Label="Feedback methods" Student="Y">
    <Content>Preparatory tutorials, followed by written feedback.</Content>
  </FeedbackMethods>
  <RequirementsList Applicant="Y" Label="Pre/co-requisites" Student="Y">
    <Requirement>
      <UnitCode></UnitCode>
      <UnitTitle></UnitTitle>
      <RequirementType></RequirementType>
      <Description></Description>
    </Requirement>
    <AdditionalRequirement></AdditionalRequirement>
  </RequirementsList>
  <AcademicPrograms Applicant="Y" Label="Academic programmes" Student="Y">
    <AcademicProgram>
      <Program></Program>
      <Plan></Plan>
      <Level></Level>
      <Requirement></Requirement>
    </AcademicProgram>
  </AcademicPrograms>
  <FreeChoice Applicant="Y" Label="Available as a free choice unit?" Student="Y">
    <Content>Y</Content>
  </FreeChoice>
  <Accreditation Applicant="Y" Label="Accreditation" Student="Y">
    <Content></Content>
  </Accreditation>
  <RecommendedReading Applicant="Y" Label="Recommended reading" Student="Y">
    <Content>&lt;p&gt;&lt;span class="text-small" style="font-family:Arial, Helvetica, sans-serif;"&gt;Hulst, Titia. A History of the Western Art Market : A Sourcebook of Writings on Artists, Dealers, and Markets. Oakland: University of California Press, 2017. &amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;span class="text-small" style="font-family:Arial, Helvetica, sans-serif;"&gt;Belting, Hans, Andrea Buddensieg, Peter Weibel, and Zentrum fur Kunst und Medientechnologie Karlsruhe. The Global Contemporary and the Rise of New Art Worlds. Karlsruhe, Germany: Cambridge, MA ; London, England: ZKM/Center for Art and Media, 2013.&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;span class="text-small" style="font-family:Arial, Helvetica, sans-serif;"&gt;Handberg, Kristian and Flavia Frigeri. New Histories of Art in the Global Postwar Era: Multiple Modernisms. New York: Routledge, 2021. &amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;span class="text-small" style="font-family:Arial, Helvetica, sans-serif;"&gt;Harris, Jonathan. Globalization and Contemporary Art. Chichester, West Sussex, United Kingdom: Wiley-Blackwell, 2011. &amp;nbsp; &amp;nbsp;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;span class="text-small" style="font-family:Arial, Helvetica, sans-serif;"&gt;Jones, Caroline A. The Global Work of Art: World's Fairs, Biennials, and the Aesthetics of Experience. Chicago; London: The University of Chicago Press, 2016.&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;&lt;span class="text-small" style="font-family:Arial, Helvetica, sans-serif;"&gt;Feigenbaum, G. &amp;amp; Reist, I., eds. &amp;nbsp;Provenance: An Alternate History of Art (Issues &amp;amp; Debates). &amp;nbsp;Malibu: Getty 2013. &amp;nbsp;&lt;/span&gt;&lt;/p&gt;</Content>
  </RecommendedReading>
  <StudyHours Applicant="Y" Label="Study hours" Student="Y">
    <IntroText> </IntroText>
    <ScheduledHours Applicant="Y" Label="Scheduled activity hours" Student="Y">
      <ActivityHours>
        <ActivityType>Lectures</ActivityType>
        <Hours>11</Hours>
      </ActivityHours>
      <ActivityHours>
        <ActivityType>Seminars</ActivityType>
        <Hours>22</Hours>
      </ActivityHours>
    </ScheduledHours>
    <PlacementHours Applicant="Y" Label="Placement hours" Student="Y">
      <ActivityHours>
        <ActivityType></ActivityType>
        <Hours>0</Hours>
      </ActivityHours>
    </PlacementHours>
    <TotalHours Applicant="Y" Label="Independent study hours" Student="Y">
      <Hours>167</Hours>
    </TotalHours>
  </StudyHours>
  <Notes Applicant="Y" Label="Additional notes" Student="Y">
    <Content></Content>
  </Notes>
</CourseUnit>
