Sports Economics
Sports Economics is a field that studies the economic aspects of sports and their impact on society. It examines how factors like supply and demand, pricing, and market structures influence the sports industry, including professional leagues, college athletics, and sporting events.
This discipline also analyzes the financial implications of sports on local economies, such as job creation and tourism. Additionally, Sports Economics looks at issues like player salaries, team revenues, and the economic effects of major events like the Super Bowl or the Olympics.