ECON-411 The Economics and Strategy of Sports
Spring for 2017-2018
Faculty:
This course will apply concepts from microeconomics to issues that arise in professional and amateur sports. Among the topics covered in the course will be: the organization of leagues, competitive balance, cooperative and collusive behavior, measurement of productivity, the market for franchises, sale and resale of tickets, and public financing of facilities. The course will also devote significant time to the analysis of strategy in sports. Do coaches and players optimize or do they deviate systematically from optimal behavior? The availability of performance data make sports a fruitful area for applying microeconomic concepts.
Credits: 3
Prerequisites: Econ 101 or 103, and Econ 121. The course does not require any prior knowledge of sports.
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