Required in stage
Optional in stage
First term
Second term
Both terms
Not organised
This year
Next year
Alternating years
External
Prerequisites
Taught by
Language of instruction
Duration
Identical coursesSports Economics (B-KUL-Y00619)
Aims
This course evaluates the following learning outcomes:
The student
1.a Analyses the environment in which an organisation is active and estimates the influence of environmental factors on the functioning of the organisation.
3.b Analyses price-setting and the various pricing strategies for the most important market forms.
3.c Interprets and underpins behaviour of producers and consumers based on economic concepts and theories.
3.d Using an economic framework, critically analyses the impact of various forms of government regulation on the most important market forms.
5.a Uses static and dynamic models, graphically and algebraically, to analyse and solve (business) economic problems.
5.c Studies and interprets associations between variables using linear regression techniques.
7.a Applies a critical mind when collecting sources and data and assesses their scientific relevance.
7.b Refers in a correct and consistent manner to scientific sources.
9.a In a team and depending on the context, takes on management, executive or supportive tasks and as such contributes actively to a joint result.
11.a Independently or in team, efficiently carries out a clearly defined assignment.
Previous knowledge
For this course it is recommended to have sufficient prior knowledge of the courses Economics A and B.
Is included in these courses of study
Activities
3 ects. Sports Economics (B-KUL-Y50387)
Content
The course describes and studies the intense relationship between sports and economy. The economic importance of sport is looked at in a broader framework. We start with the macroeconomic meaning and the relationship with economic growth and "emerging markets". We situate the industry of sports goods within the framework of international economy. The extension of recreational sports, the stimulants from the government and the consequences of the demand for sport linked to the phenomenon of free time and purchasing power are analyzed and placed in a broader framework. A major part of the attention is given to the professionalization of team sports with the emphasis on the distinction between the American and European professional sports competitions. In this context we look at the form of competition, labour market, the typical characteristics such as the forms of allowed market regulation, the various sources of income, merchandise, media rights, ... The last part includes the impact of sports events and Olympics on the local/regional and national economy. We make a distinction between feasibility, cost-benefit and economic impact. All theoretical concepts in this course are explained and clarified by means of recent cases and developments.
Course material
Compulsory Course Material
- Dejonghe T.(2019) Sport en economie: samen in de spits, Nieuwegein, Arko Sports Media
- PowerPoint made available on Toledo
Recommended Course Material
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Evaluation
Evaluation: Sports Economics (B-KUL-Y70619)
Explanation
Features of the evaluation
10p are an open book and consist of multiple choice questions and filling in exercises.
10p are closed book and open questions.
Determination of final grades
The result is calculated and expressed as a whole number at 20. Both parts (open book and closed book) are equal in determining the final result.
Second examination opportunity
The features of the evaluation and determination of grades are identical to those of the first examination opportunity, as described above.
Examination contract
For students with an examination contract the same conditions apply as for the exam in the first examination period.