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Unit of study_

OLET1145: Economics of Sports

2024 unit information

Economics provides a tool to understand the business of professional sports. The unit covers the economic way of thinking about sport, yielding insight into the sports business and introducing tools of economic analysis. Emphasis is on the decision-making of key agents, such as leagues, teams, and the government - as well as the strategy of sporting competition - such as in-game decisions to substitute players and other tactics. We consider the financial operation of leagues, issues surrounding sports betting, the role of government and optimal playing strategies in selected sports.

Unit details and rules

Managing faculty or University school:

Economics

Code OLET1145
Academic unit Economics
Credit points 2
Prerequisites:
? 
None
Corequisites:
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None
Prohibitions:
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None
Assumed knowledge:
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HSC mathematics

At the completion of this unit, you should be able to:

  • LO1. demonstrate an ability to apply economic tools to a topic related to professional sport.
  • LO2. apply some basic principles of economic analysis in the context of professional sport.
  • LO3. communicate economic principles in a coherent manner in the context of professional sport.
  • LO4. demonstrate an understanding of the importance of competitive balance for professional sports.
  • LO5. understand and appreciate the use of empirical studies to provide insight into important topics in sports economics.

Unit availability

This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.

The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.

Session MoA ?  Location Outline ? 
Intensive April 2024
Online Camperdown/Darlington, Sydney
Intensive September 2024
Online Camperdown/Darlington, Sydney
Outline unavailable
There are no availabilities for previous years.

Modes of attendance (MoA)

This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.