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Economics

Economy and the art market: free course discusses the impact of cultural policies on the sector

This activity will address the economic fundamentals of the art market, the global and Brazilian dynamics, the relationship between price and value of artworks, and strategies for sustainable growth in the sector.

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Duas mulheres e um garoto olhando obras de arte em exposição

From April 14 to 16, economist Thierry Chemalle will conduct the course “Economia e mercado da arte: o valor da arte além do preço” (“Economy and the art market: the value of art beyond price”) at the headquarters of Fundação Getulio Vargas in Rio de Janeiro. The initiative aims to disseminate knowledge about the commercial tactics and financial relations in the artistic sector and is part of the FGV Arte 2025 activity agenda. The course is free, with prior registration, aimed at professionals, collectors, and enthusiasts who want to understand the economic and strategic dynamics of the sector. 
 
Throughout the three days of the course, participants will have access to structured content that covers everything from artwork pricing to the operation of auctions, including investment strategies and the role of cultural institutions in the appreciation of art. A comprehensive overview of the challenges and opportunities in the art market in Brazil and worldwide will also be addressed. 
 
Conducted by economist and FGV professor Thierry Chemalle, the course aims to foster discussion on the impact of cultural policies on the economics of art, exploring how regulations, incentives, and changes in the global landscape affect the commercialization and appreciation of artworks. During the activity, reflections on the growth of the digital market, the rise of NFTs, and new forms of consumption and circulation of art will also be presented. 
 
With an accessible and dynamic approach, FGV Arte seeks to bring the audience closer to the universe of art economics, providing essential knowledge for those wishing to work professionally in the sector or deepen their understanding of its mechanisms and transformations. 
 
To access the complete program and register for the course, please visit the link.