OPEN TO IE STUDENTS ENROLLED IN THE FOLLOWING DEGREES (SINGLE AND DUAL): OPEN TO ALL PROGRAMS
Brief description
Sports can provide valuable insights into the economic development of a region or country. For instance, hosting major sporting events, such as the Olympic Games or World Cup, can lead to significant investments in infrastructure, tourism, and job creation. Additionally, sports franchises can be seen as drivers of local economic development, with the potential to generate jobs and revenue through ticket sales, merchandise sales, and related businesses. Furthermore, sports can serve as a platform for social and cultural development, promoting community engagement, diversity, and inclusion. By examining the role of sports in economic development, policymakers and stakeholders can better understand how to leverage sports-related activities to promote growth, development, and wellbeing in their communities.
Learning Objetives
This course aims to provide students with an understanding of the economic principles and economic policies that underlie the sports industry. – Understanding of the economic concepts and theories that apply to sports, such as demand and supply, market structures, pricing, and revenue generation. -The role of government intervention in sports, the economics of sports facilities, and the impact of sports on local economies. -Develop skills in analyzing data related to sports economics, including financial statements, revenue streams, and market trends.