Economics of Sports

Professional Development

PROFESSIONAL DEVELOPMENT

WORKSHOP DETAILS

  • 07/10/2014
  • 9:00 a.m. - 3:00 p.m.
  • SIBL Library, 35th and Madison, Manhattan
  • Presenter: Mike Raymer, President, National Association of Economic Educators

MEDIA TYPE

  • National Center Workshops

GRADES: 9-12

SUBJECTS

  • General Economics

This workshop will focus on the ever-changing relationship between economics and the world of sports and will provide you with lessons for teaching economics concepts through the lens of sports. Collegiate and professional sports provide excellent examples of many economic concepts such as monopoly and monopsony market structure, labor market issues including free agency and salary caps, and public policy concerns involving the impact of sports on the economy.

Workshop topics include private/public funding of stadiums, the role of entrepreneurship in the sports apparel industry, the draw that professional sports teams have for athletes living in command economies, and the high bankruptcy rates of many former professional athletes.

Participants will leave with:

  • A DVD of the ESPN 30 for 30 documentary “Broke.”
  • Lesson plans that teach complicated economic concepts such as supply/demand, marginal revenue product, incentives and profit maximization using real-world examples.
  • 6 Continuing Education Units.
  • Lunch provided.

Who Should Attend?

High School Social Studies teachers

Resources

See our featured classroom materials. Free Download