ECON 174
Economics of Sports
Description: Lecture, three hours. Enforced requisites: courses 11, 41, 101. Recommended: courses 103/103L. Course in applied microeconomics that employs both theoretical and empirical tools to analyze wide range of topics related to sports industry. Topics include history of labor relations in professional sports, history and analysis of player salaries in professional sports, market for professional sports franchises and sports broadcast rights, league expansion and relocation decisions, understanding of role of economic impact studies (cost-benefit analysis) and public/private partnerships in facility financing, relationship between academics and athletics in collegiate sports, racial discrimination in sports, exploration of behavioral issues such as strategic effort, measuring return on investment from sport sponsorships, and calculation of economic damages in legal cases involving athletes. P/NP or letter grading.
Units: 4.0
Units: 4.0