ECON 209: Minimum Wages in Singapore will It Benefit Unemployment or Not: Labor Economics Essay, SMU, Singapore

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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