Welcome Economics Students!

The amazing Sport Management students of Professor Kaplan's Sport Economics class are taking it to the next level; incorporating the latest technology into the classroom. Their theme of 'putting it all together' is what this overall assessment is all about. Demonstrating mastery of the economic principles and concepts necessary for management decision-making in the global sport industry, the class has been researching, developing, and publishing blog content entries in a collaborative class project. All students are integrating their semester-long research and outcome assessments, breaking into student teams to edit and submit subject area content, and designated student administrators are facilitating and managing the blog, with ongoing classroom editing and interactive comment opportunities.



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Chapter 2

Key concepts:
Profit Maximization and the Nature of Profit- Companies and organizations trying to get the most of a firm’s current and future profits. This includes both implicit and explicit costs.

Firm behavior : Sparkcharts. (n.d.). Sparknotes: Sparkcharts. Retrieved May 3, 2010, from
http://sparkcharts.sparknotes.com
Eschenfelder, M. J., & Li, M. (2007). Basics of economic analysis. The economics of sports
(2 ed., pp. 25-36). Morgantown: Fitness information technology.
Posted by Richard Turnquist

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