ECO375 – Economics of Professional Sports In the U S ECO375 – Exclusive Course Details

ECO375 Course Introduction

we are looking at the economics of professional sports. The National Football League (NFL) is the most popular sports league in the world, and includes 32 teams, with over 60 million fans worldwide. A team in the NFL can expect to earn more than $300 million in revenue each season. The Chicago Cubs played in the Major League Baseball (MLB) from 1876-1891 and made the World Series 13 times. In 1903, a communist party member named George

ECO375 Course Description

we studied the relationship between corporate revenue and the value of professional sports teams. In this course we will now apply the tools and techniques learned in ECO375 to a real world situation, professional sports team valuation. Our focus will be on a 10-year analysis of three franchises (Detroit Tigers, Atlanta Braves, San Francisco Giants) using regression analysis, factor analysis and factor rotation. We will use each franchise as a separate model to examine how various variables affect the value of the team.


Universities Offering the ECO375 Course

course, you will explore topics in economics of professional sports and develop a sound understanding of this industry. The course explores the economics and management of professional sports leagues, teams, and players.

The course also examines various issues that exist in professional sports organizations including taxes, equity markets, labor and financing arrangements.

The topics covered in ECO375 will include: What are the economic relationships between professional sport leagues, teams, players and their fans?

How does the market for entertainment change over time as new technology opens

ECO375 Course Outline

– this is the course for you if you have an interest in the economics of professional sports. Students in this course will be involved in a series of activities that include reading, class discussions, homework and projects. We will discuss the social and economic aspects of professional sports: how they work and why they do so well or poorly. Particular emphasis will be placed on how owners make money from their teams; how fans experience the games; and why there is some degree of level playing field among those teams

ECO375 Course Objectives

students will learn the importance of economic

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ECO375 Course Pre-requisites

the College of Business, Economics & Public Policy (CEB) offers a course with a unique program structure to meet the specific needs of the professional sports industry. This course is taught by Dr. Kevin L. Farris, an expert on Professional Sports and Sport Marketing. Course Description ECO375 is a graduate level economics course that focuses on the economics of professional sports in the United States. In particular, this course will focus on how professional sports franchises contribute to the local economies and how their profitability impacts

ECO375 Course Duration & Credits

course, you will learn to analyze the economic consequences of sports events, including the economic impacts of attendance and ticket sales, the economic impacts of ticket prices and concession prices, and the economic impact of merchandise sales. You will also learn how to develop estimates for both internal and external effects of professional sports events.

ECON 375 – Economics of Professional Sports

Course Description

This course is designed for students interested in studying the economics of professional sports. Specifically, this course examines how professional sports affect consumer spending

ECO375 Course Learning Outcomes

course, students will be able to explain how the private and public sectors contribute to an optimal allocation of resources in various types of sports organizations. In the process, they should be able to formulate questions that can be addressed by using economics analysis. Students will also demonstrate competence in basic economic concepts (such as scarcity and opportunity cost) as well as understanding how the individual player or team contributes to maximizing the net revenue generated by a particular sport organization. The student will demonstrate these competencies through the completion of two

ECO375 Course Assessment & Grading Criteria

course, students will learn about the basic principles and major theories of economics. They will be introduced to the economic approaches to sports business (e.g., The Economics of Professional Sports) and learned about the relationship between sport and commerce.

This document is a list of links to resources provided by Villanova University that relate to ECO375. If you are having difficulty accessing information on this page, please contact the Department of Economics at

The Role of Sports in Economic Development

ECO375 Course Fact Sheet

the Economics of Professional Sports course investigates the economics of sports by examining a variety of economic issues that impact sport organizations. The course examines the theories and concepts relevant to the study of sport, including revenue and income, efficiency, competition, and profitability in sport. Students are expected to critically analyze existing research related to these topics. Topics covered include: • Supply (demand) curve (residual demand & elasticity) • Sports (interest) rate of return • Sports (net revenue) • Profitability ratio (

ECO375 Course Delivery Modes

course, students will be required to learn a basic economic theory of sport with an emphasis on the economics of professional sports. The course will take place over 12 weeks and involve approximately 3-4 hours per week of work in preparation for exams, readings and presentations. However, the course will not involve any classroom attendance.
The course syllabus is available online through Blackboard at:
Course Goals

ECO375 Course Faculty Qualifications

students learn the basic economic principles and theories of how the economics of professional sports affects public policy. The course is divided into three semesters. Students are required to complete a total of nine courses. ECO375

(PDF – 2 MB) Credits: 3 Semester Credits: 3 Prerequisite(s): None Course Description Students learn the basic economic principles and theories of how the economics of professional sports affects public policy. The course is divided into three semesters. Students are required to complete a

ECO375 Course Syllabus

we will focus on the economic analysis of sports. We will examine the basic economic framework in which sports are conducted and how economic theory is applied to these institutions. We will consider: • Sport as a form of recreation: Why people participate in sport • How the existence and outcomes of professional sports influence markets for other goods, labor and services. • Economics of participation: the role of amateurism in the profession • How revenue is generated through ticket sales, television deals and marketing • The importance of financial markets

Suggested ECO375 Course Resources/Books

college economics course, students learn about the U.S. economy, its history, and its financial system. The course also provides students with an understanding of how economies work by introducing them to basic concepts such as the laws of supply and demand, equilibrium and market demand and supply, costs and revenues, price elasticity of demand (PED), and more. The course covers a wide range of topics that are essential for understanding the relationship between government policies, economic growth, employment levels in the U.S., unemployment rates

ECO375 Course Practicum Journal

course we have been researching and discussing the economics of professional sports. There is a course textbook that has been provided to us which is very helpful for our research. It has the information that we need to make our own decision on how we want to go about doing this paper.

The cost per paper depends on your class size, so if you’re in the 10-15 person class, it may cost $120. If you are in the 20-25 person class, it will cost $

Suggested ECO375 Course Resources (Websites, Books, Journal Articles, etc.)

at the University of Notre Dame, you will study economic theory to analyze sports marketing decisions. Students use the tools of microeconomics and macroeconomics to understand how professional sports companies make investments in ticket sales, broadcast revenues, stadiums, and other activities that generate revenue. You will also evaluate specific case studies using these tools to answer contemporary questions in economics.

Please note: all materials for this course are available on our online catalog. Course Resources (websites, books, journal articles, etc.) –

ECO375 Course Project Proposal

course, you will be writing a proposal for an organization’s nonprofit charitable event. You will need to develop a proposal that responds to the following questions: What is your major topic? Why does it deserve attention? What impact does your proposal have on the community and its residents? This is NOT the final paper; it is merely a draft to give you the opportunity to brainstorm and focus your thoughts on your topic. Your final paper should be at least 3 double-spaced pages in length, typed,

ECO375 Course Practicum

we will be studying the economics of professional sports in the U.S., a field that has been made increasingly important by the rapid growth of the National Football League (NFL) and Major League Baseball (MLB). The NFL is the largest professional sports league in North America and provides a basis for this course. MLB, which includes both Major League Baseball and Minor League Baseball, has become an even bigger player in U.S. sports. Most importantly, both leagues are home to some of the most popular players

Related ECO375 Courses

course you will analyze the economics of professional sports.

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Midterm Exam

midterm exam students will be tested on the topics covered in the first half of the course. The test will cover material from Chapter 3 to Chapter 15. The exam is open-book, notes, and computerized with a maximum time limit of 120 minutes.

ECO375 Midterm Exam Study Guide & Solution |

The following pages contains a complete study guide for ECO375 Midterm Exam. The study guide includes all of the answers to the practice problems on the exam as

Top 100 AI-Generated Questions

we are asked to answer more than 100 questions for the purpose of completing our research. Please take time to think about each question and write down your answers. Do not write in full sentences, but rather use a phrase or two for your answer. Take your time with this assignment, and do not feel pressured to submit this project early! Give yourself at least a week or two to complete this assignment (ideally one week). You may spend as much time as you need on this project, and

What Should Students Expect to Be Tested from ECO375 Midterm Exam

of the Spring 2019 semester, you are to take an online mid-term exam. For each question, there are two answers (correct and incorrect). The Midterm Examination is worth 100 points. All multiple choice questions have three possible answers. When you click on the answer button, you will be given a number of additional clues about each answer which will guide you to make your best guess as to what the correct answer might be. You may not accept any of the other answers listed or use

How to Prepare for ECO375 Midterm Exam

class, students will need to complete a midterm examination. There are 25 multiple choice questions for the test. The exam will be available on Blackboard (in the course information section) at least one day before the date listed on the syllabus for this class. In addition, if you have not completed a pre-class reading assignment that is assigned in Week One of the course (you may refer to your syllabus), then it is highly recommended that you read Chapter 1 and Chapter 2 in

Midterm Exam Questions Generated from Top 100 Pages on Bing

Test Bank

1. The OPEC oil producing countries rely on a single market in which they have decided to export oil (global demand) and import oil (global supply). These producers are members of the Organization of Petroleum Exporting Countries (OPEC) and have agreed to restrict production in order to maintain stable prices. OPEC has agreed that if one of its members, let’s say Saudi Arabia, decides to increase production, then all member countries will decrease their production as well. In this situation

Midterm Exam Questions Generated from Top 100 Pages on Google

midterm exam, students are asked to analyze the current state of professional sports in the U.S. and in another country, with a focus on two specific leagues (e.g., National Basketball Association or National Football League) as well as one college team (e.g., Clemson University). The exam questions will be posted on this website the week before the final exam. The midterm exam may be taken any time from September 17-21, 2018. If you have any concerns about your ability to

Final Exam

Question 1 of 100. The Ultimate Fighting Championship (UFC) is a premier mixed martial arts (MMA) organization, currently ranked as the world’s largest combat sport organization, with over 3.2 million subscribers to its YouTube channel. In order to protect the intellectual property rights of UFC fighters and promote their status as celebrities, the UFC has been interested in developing more content centered around its fighters. The UFC’s digital platform is primarily targeted at generating an entertainment experience for its fans (

Top 100 AI-Generated Questions

class, we have a series of questions that analyze and test our students’ knowledge of Economics.

ECO375_Study Questions_Spring 2019. Below is a collection of questions that were posed in the weekly ECO375 study questions (pdf). Those with only one answer will need to be looked at carefully.


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What Should Students Expect to Be Tested from ECO375 Final Exam

Final Exam for Economics of Professional Sports In the U.S., you have been hired to determine whether or not professional sports franchises should be required to abide by a set of rules with regards to the organization, operations, and governance of their games. To do this, you will need to first define what a professional sports franchise is. Then, using the ECO375 – Economics of Professional Sports In the U.S. (ECO375) final exam for economics of professional sports in the u.s you have

How to Prepare for ECO375 Final Exam

course, students are learning how to analyze and critique the economy of professional sports. The goal is to gain an understanding of how the U.S. economy operates, and to develop skills that will help students prepare for the next level in their educational experience.

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ECO370 – The Economics of Professional Sports • Part 1

Part 2: The

Final Exam Questions Generated from Top 100 Pages on Bing

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Spring 2008

Page 1 of 0

Q. The following is a list of the major sports leagues in the United States. In each case, the league that provides games that are broadcast over television or radio is indicated in parenthesis. (N.B. For the Major Leagues: American League and National League)

1. The National Basketball Association (NBA) operates three leagues in the United States: the Eastern Conference (the NBA), the Western Conference (the NBA), and the

Week by Week Course Overview

ECO375 Week 1 Description

Week 1 Discussion Questions, review the following: Review the recent economic impact study for professional sports in your area. What does this report suggest? How can you use this information to support a sustainable business model? Discuss how the ideas of economics and marketing interact. Focus on how to choose appropriate technologies for your new venture. Describe what economic forces are at work in the market for your business model. Why should you be concerned about them? What factors should you consider when choosing a location for your new business

ECO375 Week 1 Outline

Week 1 Assignment, you will analyze the impact of professional sports on communities and businesses in your local area. You should answer the following questions: What effect do professional sports have on a community? What effects do professional sports have on a business? Which cities are most affected by professional sports? Why? What industries or sectors within the local economy are most likely to be affected? Discuss the role of government in regulating these industries. Do you believe that government regulation is effective in reducing negative impacts on a community

ECO375 Week 1 Objectives

Week 1 Objectives for ECO375 – Economics of Professional Sports In the U.S., you will be able to: Know and explain the definitions of economic terms used in sports. Explain why economic terms are used in sports. Compare and contrast how different economic terms are used in baseball, basketball, football and hockey. Identify the value added by the government on sports events such as Super Bowl XLVIII. Describe the different profit makers that exist within professional sports. Identify at least five profit makers present

ECO375 Week 1 Pre-requisites

Week 1: Pre-requisites for Economics of Professional Sports – Econ 375 Week 1 Readings The Peddlers in the Market Economy – School of Economics, University of Melbourne, Australia The Science of Economics – George Stigler – Wikipedia The Theory of Economic Forecasting and Business Cycles – Indiana University The Science of Business Communication – Barry Nalebuff and Benjamin Shaffer. Working Paper Series: Staff Reports (WPS) 2009-001 | Federal Reserve Bank of Boston

ECO375 Week 1 Duration

Week 1 discussion, you will explore some of the issues that surround professional sports and their impact on society. To prepare for this discussion, read the following articles:

• “The NFL’s $2 Billion Pastime,” Forbes (9/15/2015)

• “4 Ways Sports Are Changing the World,” Forbes (9/16/2015)

• “The NFL’s 10 Biggest Scandals,” Business Insider (8/27/2016) In addition to your response to

ECO375 Week 1 Learning Outcomes

Week 1 Learning Outcomes for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 1 DQs Assignment 2: Energy Efficiency in Small and Medium-Sized Businesses (ECO372) In this assignment, you will analyze the energy efficiency practices of a small business that serves clients in your local area. You will investigate how the business manages its energy costs and compare it to the average annual consumption rate for small businesses in your community. You will

ECO375 Week 1 Assessment & Grading

Week 1 Assessment & Grading for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 1 Assessment & Grading for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 1 Assessment & Grading for ECO375 – Economics of Professional Sports In the U.S.

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ECO375 Week 1 Suggested Resources/Books

Week 1 discussion, you are required to read the following two articles: Yates (2014), A Player’s Bargain: How Globalization Informs the American Dream, and The articles discuss whether the professional sports market is in crisis. For more information regarding this topic, visit

ECO375 Week 1 Assignment (20 Questions)

Week 1 Assignment (20 Questions) for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 1 Assignment (20 Questions) for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 1 Assignment (20 Questions) for ECO375 – Economics of Professional Sports In the U.S. (ECO375)

In the United States, professional sports are highly popular with citizens and tourists alike.

The National Football

ECO375 Week 1 Assignment Question (20 Questions)

Week 1 Assignment Question (20 Questions) for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 1 Assignment Question (20 Questions) for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 1 Discussion

Week 4 Discussion

Week 5 Discussion

Week 6 Discussion

Week 7 Discussion

ECO375 WEEK 8 ASSIGNMENT QUESTION FOR: Week 8 Assignment Question: (10

ECO375 Week 1 Discussion 1 (20 Questions)

Week 1 Discussion 1 (20 Questions) for ECO375 – Economics of Professional Sports In the U.S. (ECO375), you will be creating a full case study on an important sporting event in your home country. Your task is to answer the questions presented below: 1. Consider a sporting event taking place in your home country and describe how it has been described by the media, sports commentators, and public opinion. 2. Compare this event with other sporting events taking place

ECO375 Week 1 DQ 1 (20 Questions)

Week 1 DQ 1 (20 Questions) for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 1 DQ 1 (20 Questions) for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 1 DQ 2 (10 Questions) for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 2 DQ 1 (20 Questions

ECO375 Week 1 Discussion 2 (20 Questions)

, we have discussed the importance of economics in sports and how sports are more than just a competitive sport but a business that generates revenue for both teams, the league and fans. In this discussion post, you will discuss an article that has some useful information on how business management is used to make decisions for professional sports franchises. 3 Pages (750 words) Assignment

Eco 375 week 1 Discussion 2 (20 questions)

… Running head: ECO 375 Week 1 Discussion

ECO375 Week 1 DQ 2 (20 Questions)

Week 1 DQ 2 (20 Questions) for the below questions: 1. Analyze the legal rights and responsibilities of professional sports organizations, as well as the roles of security personnel and fans. Explain how such groups can manage situations related to security threats. 2. Explain how stadium operations affect fans’ experience while at a sporting event and explain how these actions can affect local communities.

ECO375 Week 1 DQ 3 (10 Questions) for ECO375 – Economics

ECO375 Week 1 Quiz (20 Questions)

Week 1 Quiz, you will have to answer the questions given in this test. In order to pass this test, you will need to score a minimum of 80% (200 out of 250). This quiz will be closed at the end of the week. After all three quizzes are finished, you must go to the “Module Quizzes” tab and get scores for each of these quizzes before you can move on to the next module. More information is available here: http://www.u

ECO375 Week 1 MCQ’s (20 Multiple Choice Questions)

Week 1 Quiz you must answer 20 multiple choice questions. These questions are all multiple choice questions. To pass this quiz you must get a score of 80% or higher. The quiz has 20 multiple choice questions. You have 90 minutes to complete it.

ECO375 Week 2 Description

Week 2 Discussion Question and Selected Readings, discuss the relative importance of different professional sports in this country. Support your responses with examples and include a scholarly reference. Your initial post should be at least 200 words in length. Respond to at least two other students’ postings by the end of Day 3 to encourage thoughtful dialogue among group members.

Readings: Sports Media Law and Ethics: General Overview

Healy, Michael S., Ed. (2008). Sport Business Law (7th

ECO375 Week 2 Outline

Week 2 Outline for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 2 Outline for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 2 Outline for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 2 Outline for ECO375 – Economics of Professional Sports In the U.S.

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ECO375 Week 2 Objectives

Week 2 Objectives for ECO375 – Economics of Professional Sports, you will be applying and discussing the concepts and theories learned in the previous unit. As a prerequisite to this course, please take a look at the following items: Core Concepts for ECO375 Week 1 Learning Team Assignment Week 1 Discussion Questions ECO375 Week 1 Individual Assignment Ethics Research Paper (2 Papers) ECO375 Week 2 Individual Assignment Ethics Case Study (2 Papers) You are expected to complete each

ECO375 Week 2 Pre-requisites

Week 2 Pre-requisites for ECO375 – Economics of Professional Sports In the U.S., major sports teams are an important part of local economies. The number of jobs directly related to the sports business has increased over the past 15 years, with employment at stadiums and arenas reaching a peak in 2007 (see Figure 1). This is one of the key findings in The Economics of Professional Sports (Sloan, et al., 2008), a new book by some of the

ECO375 Week 2 Duration

Week 2 Discussion Questions 1. Discuss the following issue in the media: “How has the Supreme Court’s decision in Olmstead v. United States affected the U.S. housing market?” 2. Discuss the following issues from ECO375 Week 2 Readings and take a position on whether you believe more people should be allowed to own guns or not: Choose one of the following options for this discussion: How can expanding gun ownership benefit society at large? Explain your response and support

ECO375 Week 2 Learning Outcomes

Week 2 Learning Outcomes for ECO375 – Economics of Professional Sports In the U.S., what are some of the economic and fiscal impacts of professional sports on a community? How do sports affect government tax revenues? What are some of the economic effects from sports in the U.S.? In your opinion, what is one of the greatest needs in America today and how could professional sports meet that need? Describe why you believe this to be so. Submit an APA formatted paper that is at least

ECO375 Week 2 Assessment & Grading

Week 2 Assignment 1 (A) – Divergence and Localization in the Eurozone, (B) – The Role of Fiscal Policies for the Eurozone, (C) – The Effectiveness of the ECB’s Debt Buyback, and (D) – The European Central Bank and Economic Growth

Answer to Question 3-1. a.) I believe that a more modern approach to economic growth would be to look at factors such as political stability, security, infrastructure development and education levels

ECO375 Week 2 Suggested Resources/Books

Week 2 Suggested Resources/Books for ECO375 – Economics of Professional Sports In the U.S. (ECO375) 2018

Suggested Resources/Books for ECO375 – Economics of Professional Sports In the U.S. (ECO375)

ECON112 Week 1 DQ 1 – Reading Response “The Soul of a New Machine”

ECON112 Week 1 DQ 2

ECON112 Week 2 DQ 1 – New Business

ECO375 Week 2 Assignment (20 Questions)

Week 2 Assignment, you will examine how sports and sports teams play a role in the creation of wealth. Answer the questions below in a minimum of two scholarly resources. Your assignment must be formatted according to APA style as outlined in the Ashford Writing Center . The format is: Title Page Header and page numbers Running head (if required) (The heading should be one of your headings). Name of student(s) Course name & number Assignment brief Introduction (the first paragraph, which introduces your topic.

ECO375 Week 2 Assignment Question (20 Questions)

week 2 assignment, you were asked to develop an economic justification for why professional sports teams should be paid a salary. The following is your assignment. For each of the three questions below, please use this slide to provide a summary of the justification. Be sure to include: – A statement of the justification(s) provided in the textbook for each of your answers. – A description of what you think is best practice from a societal perspective regarding how sports teams are valued and paid for their work. –

ECO375 Week 2 Discussion 1 (20 Questions)

Week 2 Discussion 1 (20 Questions) for the course, you will answer 20 questions on topics related to the topic in our course. There are 5 discussion topics listed below, which you can choose from. Each week, you must respond to each of the topics with a response

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ECO375 Week 2 DQ 1 (20 Questions)

Week 2 DQ 1 (20 Questions) for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 2 DQ 2 (20 Questions) for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 3 DQ 1 (20 Questions) for ECO375 – Economics of Professional Sports In the U.S. (ECO375) Week 3 DQ 2 (20 Questions

ECO375 Week 2 Discussion 2 (20 Questions)

Week 2 Discussion 2 (20 Questions) for ECO375 – Economics of Professional Sports In the U.S., you will be writing a research paper that discusses the issues related to professional sports. If you are unfamiliar with the topic, think about a team or a sport that you have watched and/or played. What makes it special? Why do people watch professional sports? What is its importance in American society? In your paper, you will be writing a review of current economic literature on the topic

ECO375 Week 2 DQ 2 (20 Questions)

Week 2 DQ 2 (20 Questions) for ECO375 – Economics of Professional Sports In the U.S., it is a challenge for sports to be profitable due to the high cost of labor. Describe two ways sports leagues can lower the cost of labor in professional sports. In what ways does a league attempt to attract and keep fans? Cite at least two credible sources. Complete this discussion by Monday, March 12 at 11:59pm CST. The post ECO375

ECO375 Week 2 Quiz (20 Questions)

Week 2 Quiz (20 Questions) for the course ECO375 – Economics of Professional Sports In the U.S. You will get a personal manager and a discount.

ECO375 Week 2 MCQ’s (20 Multiple Choice Questions)

week 2, there are 20 multiple choice questions. Answer each of these questions in a Word document. You may use the content of the textbook for reference as needed. 1) “If a high school sports team has no fans at home games and only one tailgate party on game day, what is the price (in dollars) per ticket?”

2) “A high school basketball team that was established in 2007 will have played at least seven games by the end of its third

ECO375 Week 3 Description

week 3 discussion board, you will share your thoughts on the foll