SUMMARY Key words: sporting event, economic impact and evaluation methods. The object of the work: sporting event’s economic impact’s evaluation methods analysis. Problem (research) question: Is cost – benefit analysis more effective than economic impact analysis evaluating event’s economic impact? Research hypothesis: cost – benefit analysis is more effective than economic impact analysis evaluating event’s economic impact. The purpose of the work: To evaluate sporting event’s economic impact by accomplishing sporting event’s economic impact’s evaluation methods analysis. Tasks of the work: a. To analyze the theoretical aspects of the sporting event’s economic impact’s evaluation. b. To educe sporting event’s economic impact’s evaluation methods. c. To define factors influencing the sporting event’s input and benefit. d. To substantiate sporting event’s economic impact’s evaluation methodology analyzing the European junior track-and-field athletics championship. Conclusions: 1. Sporting event’s economic impact is evaluated by its benefit. According to scientific literature there can be tangible (in terms of money) and intangible benefit. The tangible benefit of sporting event’s economic impact is evaluated using mathematical methods. Intangible benefit isn’t included as denominate in terms of money. 2. There are various economic impact evaluation methods presented in scientific literature. The economic impact analysis methods or cost – benefit analysis is mostly used for... [to full text]