The Economics of Greed in Professional Sports

Professional Development

PROFESSIONAL DEVELOPMENT

WORKSHOP DETAILS

  • 08/13/2013
  • 9:00 a.m. - 3:00 p.m.
  • UFT Headquarters, 52 Broadway, 19th Floor, Room A
  • Presenter: Michael English, University of Missouri at Kansas City

MEDIA TYPE

  • National Center Workshops

GRADES: 6-8, 9-12

SUBJECTS

  • General Economics

Complicated economic concepts such as supply/demand, marginal revenue product, incentives, and profit maximization are best taught through real-world examples. Collegiate and professional sports provide excellent examples of many microeconomic concepts to examine a wide variety of topics pertaining to the sports industry such as monopoly and monopsony market structure, labor market issues including free agency and salary caps, and public policy concerns involving the impacts of sports on the economy.  At this workshop, teachers will learn how to help them teach basic economics concepts through the lens of professional sports.

Registration for this workshop begins at 8:30 a.m.

Resources

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