SPORTS ECONOMICS

ECO3EOS

2014

Credit points: 15

Subject outline

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.

Faculty: Faculty of Business, Economics and Law

Credit points: 15

Subject Co-ordinator: Liam Lenten

Available to Study Abroad Students: Yes

Subject year level: Year Level 3 - UG

Exchange Students: Yes

Subject particulars

Subject rules

Prerequisites: ECO1DSM or BUS1BUE or ECO1IMI

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Special conditions: N/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsSports Economics, 3rd. ed.PrescribedFort, R.D.PEARSON-PRENTICE HALL, UPPER SADDLE RIVER, N.J., 2010
ReadingsThe economics of sports 4th ed.PrescribedLeeds, M. and von Allmen, P.PEARSON EDUCATION , BOSTON, 2011

Melbourne, 2014, Semester 2, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Liam Lenten

Class requirements

LectureWeek: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

TutorialWeek: 31 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%
final examination70
mid-semester test20
tutorial assessment10