University | Singapore Management University (SMU) |
Subject | ECON 209: Labor Economics |
Title: Minimum Wages in Singapore will it benefit unemployment or not?
The assignment requires a 3-page essay about labor economics the topic I have chosen is about Minimum wages will it work in Singapore?
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Rough Guideline:
Introduction: Minimum wages (Why is there a need for min wage) government intervention
Litreture Review: Minimum wages in other countries Minimum wages will work in Singapore? (Yes/No) Does it really benefit the workers?
Regulated markets will implement Min Wage, what about private sectors Alternative methods of minimum wage
Conclusion: Try to include simple graphs of labor supply and demand, reference to the relevant journal articles.
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