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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Showing posts with label Troy Engibous. Show all posts
Showing posts with label Troy Engibous. Show all posts

Chapter 1

Key concepts:
1.) Meeks' Model of the Sport Industry- divides the sport industry into
three different sections. Sport entertainment, sports products, and
sports support organizations.

2.) Model of the Sport Industry- includes one main sector (sport
producing sector) and 6 sub sectors:

1. Administrative sport organizations
2. Manufacturers and retailers
3. Sports facilities and buildings
4. Sport media
5. Sport management firms
6. State municipal authorities

These are both very important because it describes what the current sport industry is like. They are both describing the sport industry but in different ways.

Sporting example for both models:

The Brewers with the model of the sport industry

Sport Producing Sector: Professional team

Sub sectors:

1. The marketing team performs actions that help promote their team and organization.
2. Brewers Pro Shop.
3. Miller Park stadium.
4. Their games are televised. Highlights of the games are on ESPN and also there are news reports in the local newspaper.
5. Sponsorships help give money to the brewers and the players so companies can endorse their product through sport.
6. Follow M.L.B. rules and follow the commissioners final rule or say in
any conflict. (Rules)

Question for further discussion

Can you think of another example that follows one of these models?
(A non-professional team)