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ECO202 – Microeconomics Unit 2 Assignment: The Living Wage

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The Living Wage
As an alternative to the minimum wage, some localities have instituted a “living wage”
requirement in which employers must pay a wage designed to ensure low-wage
workers and their families can live above the poverty level. However, this effort has met
with stiff resistance from some interest groups, and generated considerable debate
among economists about whether the living wage ordinances are the best form of
government intervention to help low wage workers. Your assignment this week is to
respond to the key questions below.
Key questions:
What specifically do “living wage” ordinances call for?
How is the “living wage” different from the “minimum
wage?” Who is helped, who is hurt by a living wage
requirement?
What underlying data is used to justify a living wage
requirement? What are the long run impacts of a living wage
requirement?
For overall arguments in favor of the living wage see the liberal think tank Economic
Policy Institute (search for living wage) at: http://www.epinet.org/
For overall arguments against the living wage see the conservative think tank National
Center for Policy Analysis (search for living wage) at: http://www.ncpa.org/
For more technical economic research opposing the living wage see the Employment
Policies Institute at: http://www.epionline.org/index_lw.cfm
For legal research in favor of the living wage see the Brennan Center for Justice at:
http://www.brennancenter.org/
Other articles (for and against)
“Perspectives on a Living Wage” at:
http://www.pbs.org/pov/pov2006/wagingaliving/special_goodman_la.ht
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Organizations working in favor of the living wage: Universal Living Wage Campaign: http://www.universallivingwage.org/
Living Wage Resource Center (Acorn):
http://www.livingwagecampaign.org/

Your final product will be a paper that: Addresses each of the four questions above in total. Is APA fortatted. The body is to be 2 pages minimum.
The requirements for your assignment are:
1. Answer each question fully
2. Define the overall subject of each question.
3. Cite at least three (3) resources from this week’s materials.

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