|Course code module||FTEBAK3270|
|Study load (hours)||168|
|Language of instruction:||English|
|Semester exam information:||exam in the 2nd semester|
|Contract restriction information:|
Macroeconomics (FTEBAAE210) AND Microeconomics (FTEBAAE220)
2. Objectives (expected learning outcomes)
The student must be able to understand the peculiar economics of professional team sports and to apply micro-economic theory to the team sports industry on both the sports product market and the player labour market, so that the impact of different league regulations on these markets can be analysed.
3. Course content
The peculiar economics of professional team sports (inverted joint product, competitive balance, objectives).
The sports product market (revenue and cost, ticket pricing, sport and media) and the player labour market (demand and supply, Walras and Nash equilibrium)
Impact of league regulations (transfer system, revenue sharing, salary caps)
4. Teaching method
Direct contact: LecturesExercise sessions
5. Assessment method
Exam: Written, without oral presentationClosed bookOpen questions
6. Compulsory reading – study material
S. Kesenne, (2007), The Economic Theory of Proefessional Team Sports, an analytical treatment, E. Elgar.
7. Recommended reading - study material
Dobson S. and Goddard J., (2001), The Economics of Football, Cambridge U.P.
Fort R., (2006), Sports Economics, (2nd ed), Pearson, Prentice Hall
Zimbalist A., ed., (2001), The Economics of Sport, 2 vol., E. Elgar
Monday 16 -18 h