Today, sports economics is becoming more and more talked about. Sports Economics is basically concerned with the business aspect of sport, the marketing, advertising, legal and sponsorship aspects of the recreation. There are a variety of careers available in relation to sports economics including:

• Sports Agent
• Sports Marketing Executive
• Sports Advertising Agent
• Athlete-Sponsor liasor

and many others.

Another key aspect of sports economics is the legal side of sport. Many large sporting organizations or clubs need legal advice or representation when it comes to issues such as athlete misconduct or performance enhancing substance abuse.

There is also the real economists' side of sport. Wbat is the supply and demand for tickets to the NRL Grand Final? What price can they subsequently charge? How much revenue is earned from sports related telecasts, magazines or newspaper articles? How many people in the population play sport and thus how large is the market for sports shoes and apparel?

All these questions and many more need to be answered and they are all to do with the business of sports: sports economics. To talk about sports economics, please visit the ubersportz forums.


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