<?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>SALC61032</Code>
  </UnitCode>
  <UnitTitle Applicant="Y" Label="Unit title" Student="Y">
    <Title>Art Markets</Title>
  </UnitTitle>
  <MaxUnits Applicant="Y" Label="Credit rating" Student="Y">
    <Units>30</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>Postgraduate Taught</Value>
  </AcademicCareer>
  <UnitLevel Applicant="Y" Label="Unit level" Student="Y">
    <Level>Level 6</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></OrgName>
      </Organisation>
    </OrganisationList>
    <GroupList>
      <Group>
        <GroupName></GroupName>
      </Group>
    </GroupList>
    <FheqLevels>
      <FheqLevel>
        <LevelNumber>1</LevelNumber>
        <LevelName>FHEQ level (Framework for Higher Education Qualifications) ' Masters/Integrated Masters P4 ' </LevelName>
      </FheqLevel>
    </FheqLevels>
    <Ects>
      <MaxUnits>European Credit Transfer &amp; Accumulation System Rating :   15.0</MaxUnits>
    </Ects>
  </OfferedBy>
  <MarketingOverview Applicant="Y" Label="Marketing Course unit overview" Student="">
    <Content>&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;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.&amp;nbsp;&lt;/span&gt;&lt;/p&gt;</Content>
  </MarketingOverview>
  <UnitOverview Applicant="" Label="Course unit overview" Student="Y">
    <Content>&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;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.&amp;nbsp;&lt;/span&gt;&lt;/p&gt;</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&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&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;/ul&gt;</Content>
  </Aims>
  <LearningOutcomes Applicant="Y" Label="Learning outcomes" Student="Y">
    <Content></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&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&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&amp;nbsp;&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&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.&amp;nbsp;&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&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.&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;&amp;nbsp;&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;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Develop and complete assessments to specified deadlines&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Present coherent arguments in written work. &amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Respond positively to constructive feedback.&amp;nbsp;&lt;/span&gt;&lt;br/&gt;&amp;nbsp;&lt;/li&gt;&lt;/ul&gt;</Content>
  </TransferableSkills>
  <EmployabilitySkillsList Applicant="Y" Label="Employability skills" Student="Y">
    <Skill>
      <SkillId>Other</SkillId>
      <SkillDescription>Be able to communicate their knowledge effectively through writing and oral presentation, conveying independent perspectives. 

Have the ability to manage and organise workloads for guided learning, independent study, the completion of assessed work. 

Be able to participate in discussions within a group context. 

Be able to respond to constructive feedback.</SkillDescription>
    </Skill>
  </EmployabilitySkillsList>
  <Syllabus Applicant="Y" Label="Syllabus" Student="Y">
    <Content>&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;&lt;i&gt;Syllabus (indicative curriculum content):&lt;/i&gt;&lt;/span&gt;&lt;/p&gt;&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Topics may include:&lt;/span&gt;&lt;/p&gt;&lt;ol&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Restoration and the Modern Market for Italian 'Primitives'&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&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Connoisseurship and Value&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&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Nazi Looting and Restitution&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;The Artist as Brand Name&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&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&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Conceptual Art and the Market&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Digital Art and NFTs&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Architectural planning, heritage and conservation&lt;/span&gt;&lt;/li&gt;&lt;/ol&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. Possible topics include:&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&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Running a commercial gallery&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Organising a Biennial&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Organising an art fair&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Art advising&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Running a community arts institution&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Journalism and Art Writing&lt;/span&gt;&lt;/li&gt;&lt;li&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Making arts documentaries&amp;nbsp;&lt;/span&gt;&lt;/li&gt;&lt;/ul&gt;</Content>
  </Syllabus>
  <TeachingMethods Applicant="Y" Label="Teaching and learning methods" Student="Y">
    <Content>&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;In this lecture and 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.&amp;nbsp;&lt;/span&gt;&lt;/p&gt;</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;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;Formative or Summative&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 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 proposal&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Formative&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;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;0%&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&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Summative&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;3000 words&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;70%&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 and presentation&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Summative&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;30%&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>&lt;p&gt;&lt;span style="font-family:Arial, Helvetica, sans-serif;"&gt;Preparatory tutorial followed by written feedback.&lt;/span&gt;&lt;/p&gt;</Content>
  </FeedbackMethods>
  <RequirementsList Applicant="Y" Label="Pre/co-requisites" Student="Y">
    <Requirement>
      <UnitCode></UnitCode>
      <UnitTitle></UnitTitle>
      <RequirementType></RequirementType>
      <Description></Description>
    </Requirement>
  </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>Seminars</ActivityType>
        <Hours>33</Hours>
      </ActivityHours>
    </ScheduledHours>
    <PlacementHours Applicant="Y" Label="Placement hours" Student="Y">
      <ActivityHours>
        <ActivityType></ActivityType>
        <Hours></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>
