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ECO 310 Assignment 2 Wages and Employment Strayer University

ECO 310 Assignment 2 Wages and Employment Strayer University

Due Week 8 and worth 250 points

This is the same scenario from Assignment one.

Write a six to eight (6-8) page paper in which you:

  1. Research and analyze federal government policies on wages and employment. Recommend the ones that you support and suggest improvements for the ones you don’t.
  2. Determine the economic impact of household production on the overall economy. 
  3. Argue for or against wage differentials and support with research and explain your rationale.
  4. Explain how you would invest in human capital and close the gap between highly educated employees and less-educated employees.
  5. Describe the factors that influence worker productivity and how firms can formulate compensation policies to enhance productivity.
  6. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.

The specific course learning outcomes associated with this assignment are:

  • Explain the unique features and basic functioning of the labor market in the U.S., including the effects of various government policies on wages and employment.     
  • Describe the factors that affect the demand for and the supply of labor.
  • Explain the benefits and costs of investment in human capital from the perspective of the firm and the individual worker.
  • Outline the life cycle of labor supply.
  • Describe the factors that influence worker productivity and how firms can formulate compensation policies to enhance productivity.
  • Use technology and information resources to research issues in economics of labor.

Write clearly and concisely about economics of labor using proper writing mechanics.

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