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Economics is a social science that seeks to analyze and describe the production, distribution, and consumption of wealth. The word "economics" is from the Greek nomos" target="_blank" >*, "custom, law," and hence means "household management." "management of the state." An economist is a person using economic concepts and data in the course of employment, or someone who has earned a university degree in the subject.

The classic brief definition of economics, set out by Lionel Robbins in 1932, is "the science which studies human behavior as a relation between scarce means having alternative uses." Briefer yet is "the study of how people seek to satisfy needs and wants." Absent scarcity and alternative uses, there is no economic problem.Economics can also be defined as the study of "The financial aspects of human behaviour."

The subject has two broad branches: microeconomics, where the unit of analysis is the individual agent, such as a household, firm (economics jargon for a "business"), or government department, and macroeconomics, where the unit of analysis is the nation state. Another division of the subject distinguishes positive economics, which seeks to predict and explain economic phenomena, from normative economics, which orders choices and actions by some criterion; such orderings necessarily involve subjective value judgments.

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What Type Of Career In Sports Can I Get With An Economics Degree ... http://cli.gs/zqmpq
Hargrave2c (Philip Hargrave) Sat, 07 Nov 2009 19:05:18 -0000
What Type Of Career In Sports Can I Get With An Economics Degree ... http://cli.gs/zqmpq
Organized News brings together news from sources around the globe. Covering Politics, Economics, Sports, Under Reported, Arts and Science.
organizednews (worldnews) Thu, 05 Nov 2009 19:23:26 -0000
Organized News brings together news from sources around the globe. Covering Politics, Economics, Sports, Under Reported, Arts and Science.
Part 2 on economics in #MLB and understanding the competitive landscape in each sports league http://bit.ly/4ltzH2
jonloomer (Jon Loomer) Wed, 04 Nov 2009 01:27:50 -0000
Part 2 on economics in #MLB and understanding the competitive landscape in each sports league http://bit.ly/4ltzH2
Also I just found out I HAVE to economics which makes no damn sense my major is sports management wtf? Ugh I hate economics!
Rose_A_Lee (Rooselie Brutus) Tue, 03 Nov 2009 20:35:20 -0000
Also I just found out I HAVE to economics which makes no damn sense my major is sports management wtf? Ugh I hate economics!
Sports Economics Assignment maken
jillsimons19 (Jill Simons) Tue, 03 Nov 2009 12:29:42 -0000
Sports Economics Assignment maken
The Boston Celtics have stats/econometrics internships. SPORTS ECONOMICS. If I didn't like my current job or require income to pay rent...
CaitB (Caitlin) Mon, 02 Nov 2009 14:59:26 -0000
The Boston Celtics have stats/econometrics internships. SPORTS ECONOMICS. If I didn't like my current job or require income to pay rent...

 
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About - Sports Economics, Public Policy, and Cost Benefit Analysis - Stories, news, links, and analysis on the topic of sports economics.
Meta Description: [ With rising athlete salaries and leagues putting caps on how much teams can spend, sports economics has become a hot topic. The costs and benefits to cities and states building arenas is another widely contested issue. ]

Business of Baseball - Detailed information on baseball labor issues. There is also an extensive database of baseball player salary information.

Doug Pappas's Business of Baseball Pages - Doug is the Chairman of the Society for Baseball Research (SABR)'s Business of Baseball Committee and has several interesting articles on the issue of baseball economics.

Money and Sports - Sportometrics, stadium costs, and major league sports.

Revenue Divergence and Competitive Balance in a Divisional Sports League - By Stephen Dobson and John Goddard. Paper testing the applicability of North American theoretical models to the English football league.

Sports Economics - Sports Economics is the first resource that facilitates the creation and flow of economic and financial analysis relevant to the sports business community.
Meta Description: [ SportsEconomics is a professional services firm that provides a broad range of consulting services to the sports business and entertainment communities. ]

The Economics of Baseball - Speech by Andrew Zimbalist is professor of Economics at Smith College. He is the author of many books on development and comparative economics. His latest book is Baseball and Billions.

The$alaryCap.com - Salary cap information and sports news for the NFL, NHL, NBA, and MLB. Offers news, forums, and articles.
Meta Description: [ The$alaryCap.com clarifies all your questions regarding the salary cap for the four major professional sports. ]

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