Assignment:
There is the lecture slides for wage regulation and 2 sample essay for you to have an idea how the essay will be like. The assignment details is in a word document in the attachment please take a look and cover all the main points required!
Please talk about minimun wage and wage determination in the essay. the policies dont have to be in singapore can be in the UK or US too. can also talk about wages inequality. inlcude graphS/ table and diagram too.
The essay task is to choose ONE area of economic policy from the list below, regulated by a Singapore government authority as shown. Explain the relevant economics that underlies the area you choose.
Summarise and evaluate the arguments for and against intervention by the authority. (2000 words essay)
The areas are as follows, choose ONE:
1) Electricity supply and pricing – authority: Energy Market Authority (EMA)
2) Competition and merger regulation authority: Competition Commission of Singapore (CCS)
3) Environmental protection authority: Natural Environment Agency (NEA)
4) Wage regulation authority: National Wages Council (NWC)(we will be working on wage regulation for this essay, so u can ignore the first three.)
length: text 2000 words (references, tables, graphs and appendices are excluded from the count); at least one table and one graph must be included in your essay, and at least 6 references.
Attachment:- wage 1.zip