The Economics of Sports 5th Edition by Michael A. Leeds

The Economics of Sports 5th Edition by Michael A. Leeds – ISBN-13: 9780133022926 – As The Economics of Sports reaches its fifth edition, it is interesting for us to reflect – back on the almost fifteen years since we began work on the first edition. When – the first edition was published, the field was relatively new but rapidly growing. – Undergraduate sports economics courses were popular, but not widely offered. – Today, sports economics stands as a vital subdiscipline within applied microeconomics, with new and exciting research being produced by economists from – around the world. Along with the increased research, the number of sports economics courses has grown as well. Throughout this process of growth and change, – sports economics continues to serve as both a mirror and a lens, reflecting our – broader culture and values, while at the same time bringing into focus such fundamental issues as fairness and the legitimacy of free markets. With the passing of – each season, new events unfold in professional and amateur sports that deserve – analysis and explanation. Finally, in the context of this book, sports economics – remains a vital and interesting area of study for students of economics. Sports – provides a seemingly endless set of examples from every area of microeconomics, – giving students the opportunity to study public finance, industrial organization, – and labor markets in a context that holds student interest like no other industry