| Course ID: | ECON 4460/6460. 3 hours. |
| Course Title: | Sports Economics |
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. |
| Oasis 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 |