Jun 22, 2024  
2023-2024 Undergraduate Catalog 
2023-2024 Undergraduate Catalog

ECON 313 - Economics of Sports and Entertainment

3 Credits

Prerequisite(s): ECON 211, ECON 212 or Instructor’s Permission. Using the tools of microeconomics, this course is divided up into the economic analysis of sports and entertainment. They will begin with examining both professional and collegiate sports issues such as monopoly and monophony market structures, labor market issues including free agency and salary caps, and public policy issues related to stadium financing. The second part examines issues in the entertainment industry. This includes a discussion of the economics of various forms of media including movies, cable, and music. Finally, economic issues of casinos and amusement parks will be examined.