IDR720 Introduction to Sport and Event Economics (Spring 2023)

ECTS Credits:
7.5
Responsible faculty:
Avdeling for økonomi og samfunnsvitenskap
Campus:
Molde
Course Leader:
Alex Krumer
Teaching language:
English
Study level:
{code=HN, name=Second degree level}
Duration:
½ year
Schedule (TP) Reading list (Leganto)

Table of contents

Contents

  • Supply and demand
  • Market equilibrium
  • Value of money and capitalisation
  • Game theory
  • Incentives in tournaments
  • Empirical analysis
  • Home advantage phenomenon
  • Hosting of mega events
  • Behavioral aspects in sports competitions
  • Gender issues in sports
  • Competitive balance

The course is connected to the following study programs

Recommended knowledge

Basic knowledge in math, statistics and micro economics.

The student's learning outcomes after passing the exam

Knowledge:

Completing this course the student should be able to:

  • Understand basic theories that are used in Sports Economics
  • Understand the economic issues related to team sports and the hosting of major events.
  • Understand the goals of the designer of a sport tournament.

Skills:

Completing this course the student should be able to:

  • Analyze the factors and mechanisms that influence the allocation of efforts of contestants in tournaments.
  • Execute theoretical analysis and predict different outcomes that may be of interest for the designer of a sport tournament.
  • Work with data and execute empirical analysis.

General Competence:

Completing this course the student should be able to:

  • Apply different Sports Economics principles in future engagements in sports organisations.

Forms of teaching and learning

There will be usual lectures as well as sessions where students will learn a statistical software Stata. At the end of the course the students will also present one paper and empirical work based on data from real competitions.

Exam

  • Form of assessment: School assessment
  • Proportion: 70%
  • Duration: 2 hours
  • Grouping: Individual
  • Grading scale: Letter (A - F)
  • Supported material:
  • Form of assessment: Oral school assessment
  • Proportion: 15%
  • Duration: 20 minutes
  • Grouping: Group
  • Grading scale: Letter (A - F)
  • Supported material:
  • Form of assessment: Oral school assessment
  • Proportion: 15%
  • Duration: 20 minutes
  • Grouping: Group
  • Grading scale: Letter (A - F)
  • Supported material:
Last updated from FS (Felles studentsystem) Oct. 14, 2026 4:49:53 AM