SPMGT 57030 Economics of Sports
This is an applied economics course in the area of Sport Economics. It will provide an overview of the economic issues facing the sports industry. The emphasis of the course is professional sport but the course will also address the economic impact of amateur sport and events. Students will be exposed to the following economic tools as related to sport: supply and demand, profit maximization, game theory, competitive balance measures, factor costs including labor costs, and public funding for sports venues. The course will cover league structure and financing, competitive bargaining agreements, broadcast rights, tax policy, financing of stadiums, collegiate issues including Title IX, social responsibility, and Mega events.
Credits
3