ECO 305 Business and Economics of Sports

Uses microeconomic principles to explore the decisions of owners and business managers in the sports industry. Topics include players' salaries and union contract negotiations, ticket sales, the market for broadcast rights, and stadium financing. The course also examines the economics of collegiate sports and the expanding international markets in broadcast rights, athletes' contracts, and team paraphernalia. Prerequisite: ECO 210 with a grade of C- or better or permission of the instructor. Liberal Arts Core/University Requirements Designation: DSINQ, SS-2. (3)