For undergraduate courses in sports economics, this book introduces core economic concepts developed through examples from the sports industry.
The sports industry provides a seemingly endless set of examples from every area of microeconomics, giving students the opportunity to study economics in a context that holds their interest. The Economics of Sports explores economic concepts and theory of industrial organization, public finance, and labor economics in the context of applications and examples from American and international sports.
Michael Leeds is Professor of Economics at Temple University, USA Peter von Allmen is Professor and Chair at the Economics Department at Skidmore College, USA
1. Economics and Sports 2. Review of the Economist's Arsenal 3. Sports Franchises as Profit-Maximizing FirmsIntroduction 4. Monopoly and Antitrust 5. Competitive Balance 6. The Public Finance of Sports: Who Benefits and How? 7. The Public Finance of Sports: Who Pays and Why?Introduction 8. An Introduction to Labor Markets in Professional Sports 9. Labor Market Imperfections 10. Discrimination 11. The Economics of Amateurism and College Sports