Summarizes, discusses, and applies issues and policies chosen by the instructor. Emphasis on student participation, discussion, and research.
ECON 492, the Senior Seminar, is the culmination of the economics major. In this course you apply the economic theory and econometric techniques you learned in the core courses of the economics major to a topic chosen by the instructor. Sports Economics is the topic selected for this edition of ECON 492. You will apply the models of competitive and monopolistic markets to investigate issues such as how profit maximization affects players' salaries, how sports leagues both limit and increase competition, and the costs and benefits of government-subsidized stadiums. The central activity of the seminar is the preparation by each seminar participant of a written report of an economic research project on a sports economics topic and an oral presentation of the research project results.
Upon the completion of this course, you should be able to:
- synthesize and apply the tools of economics in a written economic analysis of an issue in sports.
- evaluate and analyze professional economic research publications.
- make an oral presentation of the sports analysis.
This course requires the use of electronic proctoring through ProctorTrack, please see http://www.online.colostate.edu/current-students/proctoring.dot for detailed instructions. For students requiring accommodations, please contact Resources for Disabled Students (RDS); for consideration of exceptions outside the scope of RDS, please contact the University Testing Center.
This course can be applied towards:
ECON 304 (Intermediate Macroeconomics) or concurrent registration; ECON 306 (Intermediate Microeconomics) or concurrent registration; ECON 335/AREC 335 (Introduction to Econometrics) or concurrent registration; senior standing.
Textbook and Materials
Textbooks and materials can be purchased at the CSU Bookstore unless otherwise indicated.
- The Economics of Sports, 5th Ed. (2014)
Leeds, Michael and von Allmen, Peter
This course will utilize Gretl, a free and user-friendly econometric software, for graphics, data management, basic statistics, and econometric estimation.
Dr. Nancy Jianakoplos is a professor at Colorado State University. Before earning her Ph.D. in economics at The Ohio State University, she worked as an economist in the research department of the Federal Reserve Bank of St. Louis. Her research interests include sports economics, household saving for retirement, and financial risk taking. She has received the CSU Best Teacher Award, the CSU Honors' Prof Award, the CSU Eddy Teacher Award, and the CSU Jack E. Cermak Advising Award. Outside the classroom, Dr. Jianakoplos likes to read, travel, golf and attend CSU football, men's and women's basketball, and volleyball games.