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Today’s contemporary art market is dynamic and exciting, but it can also seem opaque and irrational when looking in from the outside. This course offers an overview of the fundamental structures of the business, the people, institutions and organizations through which art flows, and examines the art market in its economic, legal, sociological and ethical dimensions. Students explore the notion of fine art as a financial investment and its effect on the aesthetics of contemporary art today. Also investigated is the impact of changing art world roles and the rise of fairs and other spectacle-based events found on the international art circuit. In addition, students will be exposed to research methods and tools for delving into the contemporary art market.

By the end of this course students will…

  • Be familiar with the players, institutions and venues that comprise the contemporary art world and the interdependent dynamic among these constituents.
  • Understand the history of the contemporary art market.
  • Be knowledgeable about how value – economic and aesthetic – is ascribed in the art world.
  • Comprehend the market-related issues affecting the art world today as the industry becomes more professionalized and globalized.
The Details
  • Course Dates

    Course Dates

    July 10 - July 21, 2017.
    Monday - Friday: 2:30 PM - 5:00 PM.
  • Faculty


    Amy Davila has over 20 years of art gallery experience working with such prestigious galleries as David Zwirner, David Kordansky Gallery, Hannah Hoffman, and Overduin & Co. She worked as an international consultant for Ernst & Young LLP in Houston and San Francisco before entering the art world. In 2009 Davila founded her own consultancy business, ArtSmart, Inc., working as a financial advisor and business manager for artists and contemporary art galleries in Los Angeles and New York, providing business strategy solutions, financial and career consulting and infrastructure organization. Davila also designed and created the ArtSmart App, a cloud based inventory management tool for artists and galleries. She holds an MBA from the University of Texas, and a BA from The New School.
  • Sample Topics

    Sample Topics

    • Overview of the Fundamental Structures of the Art Business

    • Economic, Legal, Sociological and Ethical Dimensions of the Art World

    • Effect of Art Market “Financialization” on the Aesthetics of Contemporary Art

    • Art World Roles and Art Fairs

    • How the Gallery and Auction Markets Function

    • Issues Influencing Pricing of Artworks

    • Technology and Globalization in the Art World

    • Research Methods for Delving into the Contemporary Art Market

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  • Course Fees

    Course Fees

    2-week courses: $2,350 per 2-week course. One 2-week with one 4-week: $5,700.

    This course is closed for registration. Please contact for more information.

    Click here to read Terms & Conditions.
  • Further Information

    Further Information

    For further information, please contact:

    Suzanne Julig, Director, Summer Study NY
    Email: or Request Information

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