(Updated 03.05.18)

This module explores art`s relationship with the law and the market, focusing on how issues such as property rights, valuation, market transparency, and digitization have shaped and continue to reshape the field of art across different media. The module has three overarching objectives. First, it seeks to provide a broad historical overview of art`s intersection with the law and the market, since only through such a historical understanding can students critically evaluate contemporary phenomena. Second, we will address the aesthetic and ethical implications of art`s intersection with the law and the market: for example, through artists` intentional appropriation of copyrighted imagery, or through cases of restitution involving plundered artifacts or artworks. Third, the module examines legal and market-related issues that have dramatically transformed different art forms since the 1970s, such as the rise of the Internet and the globalization of financial markets.

Aims:

* to introduce key issues that have shaped art's relationship to law and the market;
* to nuance student understanding of the social and political forces that have led to changes in art law and the art market;
* to introduce students to specialised debates in past and recent literature around art's intersection with law and the market;
* to heighten student awareness of different methods for analysing major legal and market-related issues that drive the production, circulation and reception of art;
* to stimulate students to develop skills in written communication through written and oral communication

Learning Outcomes:

By the end of this module, students should have:

* a greater appreciation of how market forces and legal issues have shaped the production, circulation and reception of art;
* a heightened awareness of how technological change, national contexts and ideology have shaped art law and the art market;
* insight into the different ways social and political forces have impacted art law and the art market;
* the capacity to synthesise, historicise, and critically analyse recent legal and market-related developments in the art world;
* the ability to demonstrate all of these competences through verbal expression, both written and oral