Title: Fantasy football and managerial economics
Authors: Jennifer Logan, Daniel Sutter
Addresses: Southern Arkansas University, P.O. Box 9285, Magnolia, AR 71754-9285, USA. ' Department of Economics and Finance, University of Texas – Pan American, 1201 W. University Drive, Edinburg, TX 78541-2999, USA
Abstract: The National Football League (NFL) is USA|s most popular team sport, and educators have found |fantasy football| to be a valuable teaching vehicle. This paper discusses several exercises using fantasy football to facilitate students| understanding of principles of managerial economics and the use of business statistics in the decision-making process. The assignments are suitable for courses in managerial economics and business statistics. The exercises provide students with an intuitive application of basic business statistics and to acquire an understanding of the theoretical framework in which statistics is taught.
Keywords: managerial economics; business statistics; cost minimisation; forecasting; NFL; National Football League; fantasy sports; fantasy football; American football; decision making; teaching tools.
DOI: 10.1504/IJIOME.2009.031033
International Journal of Information and Operations Management Education, 2009 Vol.3 No.2, pp.93 - 103
Received: 16 Jul 2009
Accepted: 18 Aug 2009
Published online: 18 Jan 2010 *