Sports Economics

Course Code :1211TEWKOO
Study domain:Economic Sciences
Academic year:2019-2020
Semester:2nd semester
Sequentiality:The student must have obtained a credit for the following course:
- 'Microeconomics'
Contact hours:30
Credits:6
Study load (hours):168
Contract restrictions: No contract restriction
Language of instruction:English
Exam period:exam in the 2nd semester
Lecturer(s)Stefan Kesenne

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)