Economics of Sports

Catalog description

Individuals in society today interact with sports as participants, fans and consumers. As such, sports markets have become an increasingly popular venue for economic research. This course will focus on the unique issues of the economics of sports. Using microeconomic theory and statistics, we will be considering, among others, the following topics: Price theory with regards to ticketing, local public finance with regards to stadium financing and event hosting, competitive balance, and wagering market efficiency.