ECON 239 - Economics of Sports

Class Hours: 3
Lab/Discussion: 0
Credits: 3

Description: Introduces and develops the economic way of thinking as it applies to the sports industry. Topics covered include the organizational structure of major American sports leagues (e.g., revenue sharing, salary restrictions, and competitive balance), labor issues in sports (e.g., free agency, reserve clause, unions, strikes, and discrimination), the legal relationship between sports and government (e.g., the relationship between antitrust law and sports), and the issue of sports and public finance (e.g., location and financing of sports franchise and public ownership of stadiums and arenas).