This subject provides an economic perspective on professional sports in Australia and the rest of the world. It shows how economic concepts and theories can be used to understand the operation of professional sports, and can guide decision-making on sports by management and public policy makers. It also emphasises how studying sporting competitions can provide a laboratory for improving our knowledge of human behaviour and economic activity. Topics covered include: the demand for professional sports; the design of sporting competitions; measurement of player and team performance; strategy and decision-making in sports; sporting labour markets; managing and coaching sports teams; umpiring... -- Course Website
Prerequisites: ECON10004 Introductory Microeconomics
