ECO 2202 - Economics of Sports

Credits: 4
This course uses economic principles to analyze phenomena in the professional sports industry. A number of familiar economic theories/models such as supply and demand, profit maximization, and opportunity costs are applied to topics including ticket pricing, revenue sharing, the market for free agency, and the costs and benefits of building a new stadium. Labor markets in professional sports are also covered, with particular attention paid to empirical studies on discrimination in the industry. Topics are examined using both theoretical models and data analysis.
Prerequisites ECO-1102 and ECO-1103