ECN 258 - Sports Economics

Course unit(s): 1
Meets requirement: W
Prerequisite or corequisite: ECN 101 Principles of Macroeconomics and ECN 102 Principles of Microeconomics

This course will analyze the sports industry using economic theory. In particular, the course will apply basic microeconomic concepts and models from the fields of industrial organizations, labor economics, public finance and game theory to understand outcomes and decisions in professional and collegiate sports. Topics examined will include player risk premiums and valuations, ticket pricing, professional league monopolies, NCAA policies, the draft system, and contest/tournament design. The course does not require any prior knowledge of sports.