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Unit of study_
OLET1145: Economics of Sports
2025 unit information
Economics provides a tool to understand the business of professional sports. This 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 and teams, as well as the strategy of sporting competition, such as in-game decisions and other tactics. We consider the financial operation of leagues, incentives to motivate players, potential cheating, and optimal playing strategies in selected sports.
Unit details and rules
Managing faculty or University school:
Arts and Social Sciences
| Study level | Undergraduate |
|---|---|
| Academic unit | Economics |
| Credit points | 2 |
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Prerequisites:
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None |
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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 ? |
|---|---|---|---|
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Intensive March - April 2025
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Online | Camperdown / Darlington, Sydney | |
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Intensive August - September 2025
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Online | Camperdown / Darlington, Sydney |
Outline unavailable
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Modes of attendance (MoA)
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