Higher Rock Education - Economics Blog

March Madness - Supply and Demand

Friday, March 31, 2017

I, along with over 40 million other Americans love March Madness. For our international readers, March Madness lasts three weeks, stretching from March 14th to April 3rd, when the best 68 men’s college basketball teams vie for the national championship. (I would bet that virtually every American knows what March Madness is!) The tournament is put on by the National Collegiate Athletic Association (NCAA). Let’s analyze March Madness’s supply and demand. More

Penn State and the Demand for College Football

Monday, December 05, 2016

I confess that I was very disappointed yesterday when the NCAA selection committee revealed that the four teams to compete for the NCAA National Championship in Division I football did not include my Penn State Nittany Lions. Just the night before, Penn State fans celebrated a great win against the sixth- ranked Wisconsin Badgers to win the Big Ten Conference. They earned a spot in the championship by winning the Big Ten East Division. Most of the experts agreed that the Big Ten was the best conference in the country, and the Big Ten East Division was the toughest division in college football largely because the More

Our World's Sports Obsession - How Much is Too Much?

Wednesday, July 13, 2016

I confess. I am a sports nut. I love everything about sports – playing and watching. I am not alone. Below are several facts that illustrate how much our More


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