More Microeconomic Principles in Sport (handout)

Released Thursday, 2nd August 2012

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More Microeconomic Principles in Sport (handout)

Thursday, 2nd August 2012

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This lecture continues and concludes the 'Microeconomic Principles and Sport' topic, continuing along the theme of explaining apparent anomalies that we tend to observe specifically in the sports industry.

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From The Podcast

Sports Economics

The aim of this subject is to identify the constraints and opportunities that will affect the ability of sports to survive in an increasingly competitive, global marketplace. Particular emphasis will be placed on examinations of both North American and European professional sports, as well as indigenous games, such as Australian Rules football. Topics covered will include: labour markets in various sports, including the effectiveness of regulations such as player drafts and salary caps; the ways in which sports have coped with recent substantial increases in revenue and costs; the identification of the market for particular sports and the extent of competition within those markets; and the extent to which the commercialisation of sport is inconsistent with the traditions and cultures of individual sports.

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