This course offers students the opportunity to understand how the modern art market came about and investigate its influences. The will look at key aspects of the economics of the art market including supply and demand, price, the market itself and what makes sense in a business model but overall – how economic factors can influence art.
Delivered by Frédéric Gonand, Professor of Economics at the University Paris Dauphine and the Ecole du Louvre, this course will provide students with a solid grounding in how and why the current art market functions as it does today.
The is delivered virtually via the Zoom platform. Recordings of all virtual sessions will be made available for viewing if you are unable to attend the ‘live’ presentations.
|Frédéric Gonand (PhD, PhD, Hdr, CNU Pr) is a French economist with extensive experience in advising public authorities in different countries and in art economics. From 2007 to 2011, he was economic advisor to Mrs Christine Lagarde, then Minister of the Economy in France (now President of the ECB). Since 2013, he's been professor of economics at University Paris Dauphine-PSL (world ranking: 21st in CRWU, 38th in Shangaï, 1st young university on the world in the Times Higher Education ranking). Academic activities (publications in academic journals, PhD advisor) and consulting activities. Director of 3 Master degrees and 1 Executive MBA. Apart from his PhD in economics, Frédéric also holds a PhD in History of Art (Ecole du Louvre - EPHE), cofounded in 2020 the Executive Master Art Wealth Management and is professor of "Art Markets" at Ecole du Louvre.||
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