Economics of Sports
We will hear local golf designers and experts discuss preparations for the upcoming 2015 US Open at Chambers Bay. Travel to Palm Desert, and Monterey, California, where we will meet Professor Stephen Schmanske, author of our textbook, "Golfonomics," interview golf course designers, LPGA and PGA officials, golf course managers, and play or walk with a variety of courses. Our golf course management focus will study how to optimize course attributes and price in the design and remodel process to appeal to a wide variety of playing preferences. Our tournament emphasis will use economics to investigate the determinants of professional golfer's earnings and entry decisions and discuss fascinating new research in prospect theory regarding loss aversion in tournament play.
ECON 287/387 (4 credits). General Education (SO). Economics elective.
These estimated additional costs indicated below are intended to assist students and parents in budgeting for those additional living and discretionary expenses not included in the program fee. Actual expenses may vary according to student interests, individual needs, and spending habits:
April 13, 2012. A non-refundable deposit of $50.00 is required with the application. A $250 non-refundable program payment to confirm participation in the course is due within 10 days of notification of acceptance. Maximum 18 students.