Professional Basketball—Can You Join the Association? Lesson for Grades 9-12
Students apply economic concepts to a professional basketball association. The lesson underscores the importance of incentives, control of supply, and potential market inefficiencies resulting from a cartel. Students assume one of two roles: either (i) a member of a team owner group trying to get its team into the Professional Basketball Association or (ii) a member of the Professional Basketball Association Expansion Committee deciding whether new teams are admitted.
Objectives of this Lesson:
Students will be able to
- recognize competition and incentives in professional sports,
- describe a cartel,
- describe a monopoly,
- explain how professional sports associations exhibit behaviors of a cartel and a monopoly, and
- interpret the interdependent relationship between a professional sports association and the individual teams in that association.
How does economic competition affect professional sports associations and teams?
This lesson plan is designed for teaching grades 9, 10, 11, and 12.
- Professional Baseball—Can You Join the League? Lesson for Grades 9-12
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