Allen Sanderson is a Senior Lecturer in the Department of Economics at the University of Chicago and a Senior Research Scientist at

Course Abstracts

ECON 19800. Introduction to Microeconomics. (Next offered Spring 2012.) By way of economic theory, applications, and contemporary issues, the course treats (1) the behavior and decision making on the part of individuals, business firms, and governments; and (2) the function of costs, prices, incentives, and markets in the American economy. We discuss contemporary topics such as the distribution of income, the environment, education, sports, and health care. (Spring 2012 syllabus)

ECON 19900. Introduction to Macroeconomics. (Next offered Autumn 2012.) By way of theory and public policy applications, this course covers current major domestic and international macroeconomic issues in the U.S. economy, including the determination of income and output, inflation, unemployment, and economic growth; money, banking, and the Federal Reserve System; federal spending, taxation, and deficits; and international trade, exchange rates, and the balance of payments. (Winter 2012 syllabus)

ECON 28100. The Economics of Sports. (Next offered Spring 2013.) Economics 281 is a course in microeconomics, applying traditional product and factor market theory and analysis to contemporary economic issues in professional and college athletics, including: the sports business; market structures and outcomes; the market for franchises; barriers to entry, rival leagues, contraction and expansion; cooperative, competitive, and collusive behavior among participants; player productivity and compensation; racial discrimination; public policy, including antitrust and other legislation, financing of and subsidies for new stadiums, institutional rules, and tax policies, licensing and contracts; the media; and ticket scalping and brokers. In light of recent (and forthcoming) labor-management disputes in the four professional leagues, franchise movements in the NFL (and the Expos to Washington in baseball), activity and controversy surrounding public financing of sports stadiums, concern over competitive balance, the use of performance-enhancing substances, and scandals in college athletics, the course will devote additional time to those issues.

LLSO 29001. Sport, Society and Science (Next offered Winter 2013.) This inter-disciplinary course draws faculty from across the University to examine and to integrate important elements of the world of sport and competition, including sport and society; race and sport; legal, economic and public policy frameworks; psychological and neurological aspects of competition; the physics of sports; and statistical measurements of performance.(Winter 2011 syllabus)

ECON 19800. Introduction to Microeconomics. (Summer 2012 syllabus).

ECON 19900. Introduction to Macroeconomics. (Summer 2012 syllabus).