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 2021 in Semester 1 at Clayton. It needs ECB1101, ECF1100, ECW1101 or ECC1000.
- Credit points
- 6
- Offered in 2021
- Semester 1
- Clayton
- Assessment
- Exam 40%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2021 handbook entry. See the 2027 entry.
Reviews
No reviews yetNo reviews yet. Be the first to review ECC2450.
Requisites
Before ECC2450
Prerequisites
Pass these before you enrol.
After ECC2450
No unit lists ECC2450 as a prerequisite in the 2021 handbook.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
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 2021
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
Assessment
- Within semester assessment60%
- Examination40%
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
- Lectures24 hours
- Tutorials12 hours
- Teaching approachOnline learning
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 2021 handbook.
Contacts
- Chief Examiners
- Dr Ross Booth
Common questions
What are the prerequisites for ECC2450?
You need ECB1101, ECF1100, ECW1101 or ECC1000 before you enrol. Enrolment rules also apply.
When is ECC2450 offered?
In 2021, 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.
Does ECC2450 have an exam?
Yes. The exam is worth 40% of the final mark, alongside 1 other task.
Which majors and minors include ECC2450?
ECC2450 is part of Economics.