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In: Economics

ECON 3030-Economics & Sports What are the primary benefits and costs to institutions that play big...

ECON 3030-Economics & Sports

What are the primary benefits and costs to institutions that play big time sports? According to Roger Noll, small schools invest a significant share of their resources in sports programs as well. Why?

Solutions

Expert Solution

Big time sports has been a popular and problematic part of American education for almost a centaury. The challenges faced by the academic values have been in highlight from the beginning, but the probl3ms have grown more in recent times, commercial opportunities and athletic budget for the institutions have been increased.
A students work ethics are shown when he participates in college sports and balance the time between the sports practice, entertainment and maintaining a top rank in academics. A lot of students in America invest their time and hard work in a college sports team and being able to balance the time well.
The theory of Roger Noll, predicts that the students on margin of their high school team should not invest a whole lot on his abilities. It also predicts that the parental investment should always track the students talents closely. Lot of investments of the students are in sports and not likely to earn scholarships a youth is mist likely to quit.


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