ECON 400 - Sports Economics

This applied economics course provides students with the tools from economics to understand the business side of the sports industry. It analyzes the demand, supply, and profitability in professional sports, as well as the special characteristics of collegiate sports. Topics covered include team costs, the role of leagues in the profitability of individual teams, the impact of salary caps on competitive balance, the costs and benefits of a franchise to a city, and the role of the government and media providers in the operation of sports franchises and collegiate sports.

Prerequisite(s): ECON 250 , ECON 251 , and BUS 301
Credits: 3 hours