Module 4 Discussion
Forum Instructions
In a post below, respond to the following prompt, which assesses the following outcomes:
Course SLO 1: Identify the basic economic principles that serve as the foundation of economic analysis.
Course SLO 3:Analyze the economic impact of government regulation, price setting, and taxes on consumers and producers.
Course SLO 4: Explain how externalities affect the efficiency of markets, and what can be done to improve the efficiency of markets in which externalities exist.
Module SLO: 4.1.1
- Predict shifts in the demand and supply curves of the labor market
Then, you must respond to 2 of your classmates' posts. After you post a response, you will be able to see other responses. You are not required to post more than required, but feel free to respond to other posts and engage with your classmates.
Your [first] post is due on [day of week] by [time] CST. Your response to another student is due on
[day of week] by [time] CST. [Adjust for number of posts required.]
Your response should be at least [length requirement in words, sentences, or paragraphs] long. This includes responses to other students' posts. [Include previous sentence if necessary.] A simple “I agree” or “Yes” or “LOL” will not count. Please think about the questions and your peers' responses and reply thoughtfully and courteously, according to netiquette rules. Use good English grammar, correct punctuation, and complete sentences. While the posts will mostly be judged by their thoughtfulness and completeness, I reserve the right to take off points for grammatical errors, especially if they interfere with the clarity of the post. [Edit as needed.]
Prompt
The labor market faces several regulations, and regulations are regularly proposed with the intention of helping workers. In this discussion, your task is to:
- Select and analyze some sort of labor market regulation
- Predict how this regulation might shift demand and supply curves of the labor market
- Identify and explain at least one benefit and one drawback of this regulation
- Reply to two of your peers’ posts
Hint: Some regulations you may consider include: Minimum Wage, Benefit Requirements, OSHA/Safety Standards, Overtime Regulations
Details:
A forum for
discussion promotes peer-to-peer and student-instructor
interaction. Questions should be thought provoking and encourage detailed analysis of module topics. Include a rubric.
If
you do not want students to see other responses before they post, set
type to "Q and A forum." For this type, you must create a post first for students to
respond.
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