ECON 3213 - The Economics of Sports 3 s.h.

This class shows how microeconomic principles can be used to address issues of whether sports teams maximize profits, the costs and benefits of granting monopoly power to sports teams, how they organize themselves into leagues, the market for sports franchises and the public financing of sports stadia, the costs and benefits to a city of a sports franchise, labor markets, labor unions, and discrimination in sports, and some issues in amateur and collegiate sports. A-E Only.
LA
Prerequisite(s): ECON 1110 or ECON 1111 .