[Best Udemy Coupons] – Macroeconomics (and the small matter of the 2018 World Cup!)

[Best Udemy Coupons] – Macroeconomics (and the small matter of the 2018 World Cup!)
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The Economics of Football

What Will I Learn?
  • Feel a sense of intellectualism whenever they participate in a discussion about football!
  • Be able to argue for/against wanting to host the World Cup
  • See the 2018 World Cup in a whole new (economics) light!

Requirements

  • An interest in understanding world affairs – especially the economics behind the World Cup 2018!
  • A realisation that although France won the World Cup there will also be an economic impact in Russia, Croatia, UK – and America!
  • The role of penalties in international football

Description

This is an economics course about the economic impact of the 2018 World Cup. (Macroeconomics and microeconomics) We look at the impact of the World Cup on various countries but also consider the economic theory behind this impact.

Macroeconomic concepts include:

  • The multiplier
  • Inflation
  • Economic growth

Microeconomic concepts include:

  • Elasticity
  • The market

We also apply game theory to penalty shoot-outs. (Football) The course starts off with the 2014 World Cup but quickly moves on to the impact of hosting the football tournament, of qualifying (or not) and actually winning he final.

We also consider controversies and…Pussy Riot!

Who is the target audience?
  • Anyone who follows football and is interested in the economic impact of the 2018 World Cup – in theory and practice
  • Everyone who has/has not studied economics before – there is so much to learn here!
  • Someone who watched some/all of the World Cup and wondered ‘What if….?’
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