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Macroeconomics (and the small matter of the 2018 World Cup!)

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Course Details –:

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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