Economics Project: Minimum Wage Increase Objective: To understand the pros and cons of a minimum wage increase. Complete Project DUE: Tasks: Monday December 21, 2015 1. Locate and print/cut out at least two articles on the Federal minimum wage increase (properly cite-using www.citationmachine.net) 2. Read the articles! 3. Make a pros/cons chart for a minimum wage increase 4. Interview 4 people (2 adults and 2 teenagers who are not taking my class) to obtain their opinion on a minimum wage increase (include their names and signatures!) 5. Include a factor market graph that depicts a minimum wage increase and the potential consequences (this is the graph we discussed in class!) 6. Use the website : http://www.dol.gov/esa/minwage/america.htm and compare the minimum wage in other states to NY. 7. Find one other piece of evidence to support your opinion 8. Write an essay with your findings, using the following format: Paragraph I Introduction Paragraph II Summarize your articles Paragraph III Discuss the pros/cons from you chart Paragraph IV Discuss the opinions from your interviews Paragraph V Discuss the graph (the one from class!) Paragraph VI Discuss your opinion and conclusion Due Dates: 20 Points_____Numbers 1-4 Due Wed 12/16/15 20 Points_____Numbers 5-7 (the entire project) Due Fri 12/18/15 Name_____________________ Minimum Wage Project Checklist I care about your success on this project. If you do, you will make certain you completed the following before the deadline: ____Complete all tasks on the project sheet ____ 6 paragraph essay format ____Pros/Cons Chart Attached ____Formal Works Cited attached (need to cite the 2 articles you used) ____Factor Market Graph included—and explained! ____Additional form of evidence attached/cited/explained in your conclusion ____You explained your opinion (minimum wage increase is a good or bad thing…and why. ____Included the signatures of the 4 people you interviewed? ____Submitted the paper to www.turnitin.com _____% ____If your % is higher than 20%, you need to re-write and submit to the “revision” tab. If you have questions---ask. Turnitin.com is required.