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Economy, Economics of Sport

Class at Faculty of Physical Education and Sport |
PMNG087N

Syllabus

1. What is economics all about?

2. How to use graphs in economics

3. Supply and demand

4. Measuring national output

5. Inflation and unemployment

6. Introduction to macroeconomics, output, growth and capital

7. Aggregate demand and supply: the key to macroeconomics

8. Fiscal and monetary policy

9. Consumer and cost

10. Competition and monopoly

11. Sport in the economy

12. Cost benefit analysis of sport

13. Sporting governance and the state

14. The economics of professional sports and leagues

Annotation

The course provides and understanding of sport in a political-economic context set against the backdrop of increasing globalization. The course offers a discussion of sport while locating sport within trends and characteristics of advanced capitalism.

Considered together, they provide evidence of similar forces effecting, and being effected by the internationalization of sport and sport-related enterprises.