Balance: The Economics

This book presents all major subjects in international monetary theory, foreign exchange markets, international financial management and investment analysis. The book is relevant to real world problems in the sense that it provides guidance on how to solve policy issues as well as practical management tasks. This in turn helps the reader to gain an understanding of the theory and refines the framework.

This book provides insight into the economics of MotoGP and critically analyses the huge amounts of money, employees, racers, directors, and investors involved in the sport. It outlines the costs of MotoGP and the financing of both the teams and the competition itself, highlighting the importance of advertising and broadcasting within the sport's economic model. Through applying ideas of supply and demand and equilibrium value to MotoGP, an understanding of how certain teams and racers perform better than others is outlined, alongside a look at the competitive nature of the sport and what is needed to survive within it. Broader issues, including the political economy of MotoGP, technological innovation, and the ecological footprint of motorsport, are also discussed.