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    The Economic Impact of The Olympics

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    Author
    Pucarelli, Keith T.
    Keyword
    First Reader Iuliia Chikish
    Senior Project
    Semester Fall 2021
    Readers/Advisors
    Chikish, Iuliia
    Term and Year
    Fall 2021
    Date Published
    2021
    
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    URI
    http://hdl.handle.net/20.500.12648/11486
    Abstract
    The Olympics Games are massive sporting events that take place every 4 years, bringing teams from many countries to compete for glory. What impact do these games have on the host countries' economy? Nine tables were created to track the change in selected macroeconomic indicators in the years relative to the Olympics. Along with the tables, several graphs were produced to show how these indicators may have fluctuated in the years of the Olympics. Finally, a cost benefit analysis was conducted highlighting some of the benefits and costs that a city/country may incur. Overall, there was not enough evidence to make a definite conclusion; but there has been an increasing trend in cities withdrawing their Olympic bid.
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