1. ReadBrickley, Ch. 3
2. WatchThe EconomistThe Minimum Wage Debate: Does It Hurt Workers?"Links to an external site.
3. Links to an external site.WatchThe Washington Post"The Minimum Wage Debate: Arguments For and Against Raising it to $15"Links to an external site.

According to traditional Economic theory, government regulations such as price floors have negative market consequences. For example, the minimum wage legislation is viewed as the cause of unemployment. Why? Explain this carefully.

Can you make arguments that an increase in the minimum wage could actually LOWER the rate of unemployment? State and carefully explain each argument. (State and carefully explain the arguments according to which an increase in the minimum wage could lower the rate of unemployment).

General Forum Requirements:

• You are required to answer the Forum question(s) with your own well developed response. You are required to then discuss (review) two (2) of your classmates' responses.
• Your Forum responses and reviews must be thoughtful and substantive in nature. They must demonstrate your knowledge and understanding of the assigned course materials.
• Your Forum responses and reviews must follow correct grammar, sentence structure, punctuation, spelling and capitalization.
• Your Forum responses and reviews must reflect your own, independent work and substantive knowledge of the course material and its applications.
• Your Forum responses and reviews must be formulated based on assigned course materials. The use of external sources will result in a grade of zero.
• Your Forum responses must be published (posted)no later than 11:59 pm on Thursday of the week assigned.
• Your reviews of your classmates' responses must be published (posted)no later than 11:59 pm on Sundayof the week assigned.
• Late work results in a grade of "zero".