Many economists find the sports industry to be the ideal paradigm to illustrate a range of economic concepts, which explains why the Economics of Sports course continues to grow in popularity. Now in the Third Edition, The Economics of Sports explores economic concepts and theory—industrial organization, public finance, and labor economics—in the context of applications from American and international sports.

Introduction and Review of Economic Concepts: Introduction; Review of the Economist's Arsenal. The Industrial Organization of Sports: Sports Franchises as Profit-Maximizing Firms; Monopoly and Antitrust; Competitive Balance. The Public Finance of Sports: The Public Finance of Sports: The Market for Sports Franchises; The Costs and Benefits of a Franchise to a City. The Labor Economics of Sports: An Introduction to Labor Markets in Professional Sports; Labor Unions and Labor Relations; Discrimination; The Economics of Amateurism and College Sports.

For all readers interested in sports economics....