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Learning outcomes |
1. Develop the use of economic tools in the context of sports activities
2. Apply fundamental concepts of economics to sport markets
3. Examine topics of labour economics in sports
4. Examine topics of public economics in sports
At the end of the course, students should be able to
1. Understand economic tools applied to the analysis of sports activities;
2. Apply elements of microeconomic theory to analyse the organisation, and structural and
performance dynamics of sport markets;
3. Address issues such as the organisation of leagues, pricing, advertising and broadcasting,
cost and profits;
4. Argues critically on collective bargaining agreements of different leagues and discrimination
practices;
5. Debate critically topics of public economics in sports such as taxes and subsidies and
economic impact of sport events;
6. Examine current issues and debates in sports economics and formulate well-informed
arguments
7. Communicate efficiently, both written and speaking.
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Syllabus |
1. Economics and Sports: Analytical framework, stylised facts and figures
2. Supply, Demand, and Performance in Sports
3. Team Costs, Profits and Wins
4. The Market for Sports Broadcast Rights
5. Labour Economics in Sports: The market for sports talent; players and wages; contracts and
price discrimination
6. Sports and Regulatory Competition Policies: Antitrust, financial fair-play and competition
policy
7. Public Policies and Economics of Sports: Taxes and subsidies, cost-benefit analysis;
economic impact of sports
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Main Bibliography |
Leeds, M., Allmen, P.von & Matheson, V. 2018. The Economics of Sports, 6 ed., Routledge, New
York.
Fort, Rodney D. 2011. Sports Economics, International Edition, 3rd Edition, Pearson, USA
Downward, P., Dawson, A., & Dejonghe, T. 2009. Sports Economics: Theory, Evidence and Policy,
Routledge, New York.
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