Description
This course explores selected aspects of the economics of the sports industry. Focus will be on the four major professional
team sports (hockey, baseball, football, and basketball) as well as on collegiate athletics. Topics include: professional sports
franchises—what factors determine profi tability and market value; government involvement—the eff ects of taxes, antitrust, and
regulation; economics of sports stadium—fi nancing methods, profi tability to franchise; professional sports labor market—factors
aff ecting salaries; and economics of collegiate athletics—fi nancing, the role of student athletes, Title IX. Prerequisite: EC211.