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IDR305 Introduction to Economics for Sport Management

IDR305 Introduction to Economics for Sport Management

Course code: 
IDR305
Course name: 
Introduction to Economics for Sport Management
Program of study: 
Bachelor i Sport Management (idrettsledelse)
Course name in Norwegian Bokmål: 
Introduction to Economics for Sport Management
Course name in Norwegian Nynorsk: 
Sportsøkonomi
Campus: 
Molde
Credits: 
7.5
Level of study: 
1. syklus (bachelor)
Teaching semester: 
2021 Høst
Assessment semester: 
2021 Høst
Language of instruction: 
Engelsk
Language of examination: 
Engelsk
Language of litterature: 
Engelsk
Recommended previous knowledge

Basic mathematical skills in algebra and geometry.

Course content

1. Production possibility frontier

2. Consumer behavior and a demand curve

3. Producer costs and a supply curve

4. Competitive market equilibrium

5. Deviation from competitive markets

6. Time value of the money (present and future values)

7. Different forms of interest rates

Learning outcome

The students will learn the most fundamental tools that economists use such as marginal costs and benefits, opportunity costs, supply and demand, game theory, present value of financial assets and many more. The students will be able to use them to analyze real world problems.

Working and learning activities

During the lectures the students will be given formal tools that will help them to solve home exercises.

VurderingsformGrupperingVarighetVarighetstypeKarakterskalaAndelKommentarHjelpemidlerHjelpemidler
SkoleeksamenIndividuell3timerBokstavkarakter (A - F)100 Kalkulator med tomt minne+generell ordbok morsmål/norsk/engelsk i papirformat
Vurderinger:
Form of assessment:Skoleeksamen
Grouping:Individuell
Duration:3
Type of duration:timer
Grading scale:Bokstavkarakter (A - F)
Proportion:100
Comment:
Supported material:
Support material:Kalkulator med tomt minne+generell ordbok morsmål/norsk/engelsk i papirformat