Fantasy Sports

Collins and Hoffer (2016) propose to use fantasy sports to teach economic concepts including opportunity cost, supply and demand shocks, and market interventions. 

 

For this exercise, students manage a team and are required to regularly answer question testing their understanding of economic concepts.

While the exercise described in Collins and Hoffer (2016) is based on fantasy football, the method can be used with other sports such as ice hockey, football (soccer), rugby or any other collective sport for which a fantasy simulation exists.

Interestingly authors report that, contrary to their concerns, female students actually outperformed male students.