Course Description
Economic analysis of sports teams, leagues, and institutions. Topics include antitrust issues, the alleged cartel of sports leagues, public funding of sports venues, labor relations, player drafts, athlete compensation, wagering markets, and the general application of economic principles to sport settings and events.
Additional Requirements for Graduate Students:
Students are expected to achieve standards of scholarship
consistent with study at the masters level. Such students will be
expected to read more extensively and integrate materials more
thoroughly, and will be graded with higher standards and
expectations. Examples include additional readings summarized
in a written report, a careful review of primary research with an
application to a relevant topic, or other projects that apply
knowledge gained to specific problems.
Athena Title
SPORTS ECONOMICS
Prerequisite
ECON 4010
Semester Course Offered
Offered every year.
Grading System
A - F (Traditional)
Course Objectives
To provide students with a better understanding of the sports industry by using the framework of economics. To give students and appreciation of how economic principles and theories can be applied to the behavior of athletes, coaches, team managers, and owners.
Topical Outline
The supply and demand for sports Broadcasting rights Winning and team profits Team locations and expansions Competitive balance Sports labor economics Sports venues Antitrust and competition Application of economic principles to sports
Syllabus