At the start of this course the student should have acquired the following competences:
Specific prerequisites for this course:
2. 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 contents
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
Class contact teaching: LecturesPractice sessions
5. Assessment method and criteria
Examination: Written without oral presentationClosed bookOpen-question
6. Study materialRequired reading
S. Kesenne, (2007), The Economic Theory of Proefessional Team Sports, an analytical treatment, E.
The following study material can be studied on a voluntary basis:
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
7. Contact information
(+)last update: 24/09/2010 13:34 ilke.franquet