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Nov 26, 2024
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ECON 337 - Sports Economics Units: 3 Examines economic issues in sports using tools from microeconomics and statistics. Topics include the business of professional sports teams, competitive balance, stadium financing, determinants of player salaries, talent evaluation using analytics, and issues involving the NCAA and college athletics.
Possible Instructional Methods: On-ground or Online-Asynchronous. Grading: A-F grading only. Course Typically Offered: Spring Alternate Years
Student Learning Outcomes - Upon successful completion of this course students will be able to: - Evaluate current topics in sports using economic principles and ideas;
- Apply microeconomic concepts to the study of team decision-making;
- Assess the costs and benefits to publicly financed stadiums and the hosting of large sporting events like the Olympics or World Cup;
- Understand how the labor market for professional athletes works. Analyze current economic issues surrounding college athletics.
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