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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—industrial
organization, public finance, and labor economics—in the context of applications and
examples from American and international sports.
The fourth edition includes many of the recent events in the sports industry and broader
economy.
Table of Contents
PART ONE: Introduction and Review of Economic Concepts
Chapter 1. Economics and Sports
Chapter 2. Review of the Economist’s Arsenal
PART TWO: The Industrial Organization of Sports
Chapter 3. Sports Franchises as Profit-Maximizing Firms
Chapter 4. Monopoly and Antitrust
Chapter 5. Competitive Balance
PART THREE: Public Finance and Sports
Chapter 6. The Public Finance of Sports: The Market for Teams
Chapter 7. The Costs and Benefits of a Franchise to a City
PART FOUR: The Labor Economics of Sports
Chapter 8. An Introduction to Labor Markets in Professional Sports
Chapter 9. Labor Market Imperfections
Chapter 10. Discrimination
PART FIVE: Sports in the Not-for-Profit Sector
Chapter 11. The Economics of Amateurism and College Sports
456 pages, Paperback