The sports industry provides a seemingly endless set of examples from every area of microeconomics, giving students the opportunity to study economics in a context that holds their interest. Thoroughly updated to reflect the current landscape, The Economics of Sports introduces core economic concepts and theories and applies them to US and international sports.

Divided into five parts, the book focuses on three major areas of the economics of sports: industrial organization, public economics, and labor economics. Updates for this seventh edition include:

• An entirely new chapter on sports gambling and a fully revised section on intercollegiate sports;

• Updated material on social justice in sports and the impact of the COVID-19 pandemic on the industry;

• More coverage of international sports, e-sports, and new biographical sketches.

This well-presented and accessible text is supported by easy-to-follow pedagogical features, such as end-of-chapter summaries and questions, and a companion website, which offers useful resources for students and instructors. It is the perfect textbook for intermediate and advanced undergraduate and graduate courses in sports economics.

part I|56 pages

Introduction and Review of Economic Concepts

chapter Chapter 1|10 pages

Economics and Sports

chapter Chapter 2|44 pages

Review of the Economist's Arsenal

part II|127 pages

The Industrial Organization of Sports

chapter Chapter 3|39 pages

Sports Leagues and Franchises

chapter Chapter 4|29 pages

Monopoly and Antitrust

chapter Chapter 5|30 pages

Competitive Balance

chapter Chapter 6|27 pages

Sports Gambling

part III|67 pages

Public Finance and Sports

chapter Chapter 7|36 pages

Teams, Stadiums, and Municipalities

chapter Chapter 8|29 pages


part IV|95 pages

The Labor Economics of Sports

chapter Chapter 10|30 pages

Labor Market Imperfections

chapter Chapter 11|31 pages

Diversity, Equity, and Inclusion in Sports

part V|41 pages

Sports in the Not-for-Profit Sector

chapter Chapter 12|39 pages

The Economics of Intercollegiate Sports