IDR720 Introduction to Sport and Event Economics (Spring 2026)

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

Table of contents

Contents

  • Supply and demand
  • Market equilibrium
  • Value of money and capitalization
  • 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 microeconomics.

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 to 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 frontal lectures. 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)
  • Support material: Calculator with empty memory + general dictionary in mother tongue/Norwegian/English in paper version
  • Form of assessment: Oral school assessment
  • Proportion: 15%
  • Duration: 20 minutes
  • Grouping: Group
  • Grading scale: Letter (A - F)
  • Support materials: -
  • Form of assessment: Oral school assessment
  • Proportion: 15%
  • Duration: 20 minutes
  • Grouping: Group
  • Grading scale: Letter (A - F)
  • Support materials: -
Last updated from FS (Felles studentsystem) Oct. 14, 2026 10:21:17 PM