ECC2450 Sports economics
Faculty of Business and Economics
ECC2450 Sports economics is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2020 in Semester 1 at Clayton. It needs ECC1000, ECB1101, ECW1101, ECS1101 or ECF1100.
- Credit points
- 6
- Offered in 2020
- Semester 1
- Clayton
- Workload
- 144 hours
- per semester
This is the 2020 handbook entry. See the 2027 entry.
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Requisites
Before ECC2450
After ECC2450
No unit lists ECC2450 as a prerequisite in the 2020 handbook.
Overview
This unit will cover: demand for sport, sports revenues, the economics of sports broadcasting, the pricing of sports events; why professional team sports leagues form, whether clubs are profit-maximisers or win-maximisers, remedies for competitive imbalance such as player drafts, salary caps and revenue sharing, the role of player associations in professional sport; government subsidies in sport, the economic impact of sports events, stadium financing; case studies of professional team sports leagues in Australia, North America and Europe; globalisation in professional sport, future directions in sport.
Offerings in 2020
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
Learning outcomes
When you finish this unit, you should be able to:
- 1
examine the so-called 'peculiar' characteristics of sports markets and the policy conclusions that follow
- 2
analyse the role economic incentives play in determining the behaviour of controlling bodies, leagues, clubs, players, fans, sponsors, the media and government
- 3
compare and contrast the key features of various sports markets in Australia and overseas
- 4
use the economic analysis learnt to develop appropriate policies to address economic problems in the sports industry.
Workload and teaching
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Where it fits
ECC2450 is part of 1 area of study in the 2020 handbook.
Contacts
- Chief Examiners
- Dr Ross Booth
- Unit Coordinators
- Dr Ross Booth
Common questions
What are the prerequisites for ECC2450?
You need ECC1000, ECB1101, ECW1101, ECS1101 or ECF1100 before you enrol.
When is ECC2450 offered?
In 2020, ECC2450 runs in Semester 1 at Clayton.
How much work is ECC2450?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Which majors and minors include ECC2450?
ECC2450 is part of Economics.