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The Role of Sports Economics in the Sport Management Curriculum

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Introduction<br />

<strong><strong>Sport</strong>s</strong> economics is a new and rapidly develop<strong>in</strong>g field <strong>in</strong> economics. S<strong>in</strong>ce <strong>the</strong> found<strong>in</strong>g <strong>of</strong> <strong>the</strong><br />

Journal <strong>of</strong> <strong><strong>Sport</strong>s</strong> <strong>Economics</strong> <strong>in</strong> 2000, sports economics has developed from an unconnected<br />

set <strong>of</strong> research questions pursued by economists work<strong>in</strong>g <strong>in</strong> labor economics, urban economics,<br />

<strong>in</strong>dustrial organization, and o<strong>the</strong>r areas to a clearly identifiable field <strong>of</strong> study <strong>in</strong> <strong>the</strong> discipl<strong>in</strong>e<br />

<strong>of</strong> economics. <strong>The</strong> next five years saw <strong>the</strong> publication <strong>of</strong> three sports economics textbooks<br />

and a correspond<strong>in</strong>g growth <strong>in</strong> sports economic courses <strong>of</strong>fered by economics departments and<br />

o<strong>the</strong>r academic units. Beg<strong>in</strong>n<strong>in</strong>g <strong>in</strong> early 2006 <strong>the</strong> International Journal <strong>of</strong> <strong>Sport</strong> F<strong>in</strong>ance<br />

will beg<strong>in</strong> publication, represent<strong>in</strong>g a second field journal <strong>in</strong> <strong>the</strong> area. <strong>The</strong> last two job<br />

markets have featured advertisements for sports economists <strong>in</strong> Job Open<strong>in</strong>gs for Economists<br />

and <strong>the</strong> number <strong>of</strong> such advertisements appear to be <strong>in</strong>creas<strong>in</strong>g. Some observers have noted<br />

a similarity between <strong>the</strong> current state <strong>of</strong> sports economics and <strong>the</strong> state <strong>of</strong> health economics<br />

<strong>in</strong> 1982, when <strong>the</strong> Journal <strong>of</strong> Health <strong>Economics</strong> began publication.<br />

Over <strong>the</strong> last five years, ano<strong>the</strong>r clear trend has emerged. <strong><strong>Sport</strong>s</strong> economists have begun<br />

to migrate from positions <strong>in</strong> economics departments to sport management programs <strong>in</strong> <strong>in</strong>-<br />

creas<strong>in</strong>g numbers. <strong>Sport</strong> management programs appear to be a natural academic home for<br />

sports economists. Economists br<strong>in</strong>g a discipl<strong>in</strong>e based l<strong>in</strong>e <strong>of</strong> research to sport management<br />

programs. Central issues <strong>in</strong> sports economics like <strong>the</strong> determ<strong>in</strong>ation <strong>of</strong> wages <strong>in</strong> sports labor<br />

markets, <strong>the</strong> effect <strong>of</strong> regulations like Title IX on <strong>in</strong>tercollegiate athletic departments, and<br />

labor relations issues <strong>in</strong> unionized <strong>in</strong>dustries, and o<strong>the</strong>rs, are important to sport manage-<br />

ment researchers and practitioners. Articles written by economists regularly appear <strong>in</strong> sport<br />

management journals like <strong>the</strong> Journal <strong>of</strong> <strong>Sport</strong> <strong>Management</strong>, <strong>Sport</strong> Market<strong>in</strong>g Quarterly, and<br />

<strong>the</strong> Journal <strong>of</strong> <strong>Sport</strong> and Social Issues, among o<strong>the</strong>rs.<br />

In this paper, I <strong>in</strong>vestigate <strong>the</strong> implications <strong>of</strong> <strong>the</strong> grow<strong>in</strong>g presence <strong>of</strong> sports economists<br />

<strong>in</strong> sport management programs, <strong>the</strong> extent to which sports economics has been <strong>in</strong>tegrated<br />

<strong>in</strong>to <strong>the</strong> sport management curriculum, and what this might mean for <strong>the</strong> future <strong>of</strong> both<br />

fields. One important factor that I believe will play an important role <strong>in</strong> shap<strong>in</strong>g <strong>the</strong> future<br />

2

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