The Dayton Regional STEM School Local Economics Podcast Project
DRSS Students
21 episodes
9 months ago
The following is a collection of podcasts by 11th and 12th graders at the Dayton Regional STEM School. The podcasts represent student research of stories in which macro and microeconomic topics converge in the real world.
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The following is a collection of podcasts by 11th and 12th graders at the Dayton Regional STEM School. The podcasts represent student research of stories in which macro and microeconomic topics converge in the real world.
Ryan Looks at the Effects of Raising the Minimum Wage on Businesses and Consumer Prices
The Dayton Regional STEM School Local Economics Podcast Project
9 years ago
Ryan Looks at the Effects of Raising the Minimum Wage on Businesses and Consumer Prices
In this podcast, Ryan explains how a minimum wage of $8.10 will effect a slower growth of CPI than a minimum wage of $10.00 because businesses don’t have to pass that extra cost on to their customers, and it allows businesses to use that money that would otherwise be paid to employees to expand their company and employ more people. Resources: Meer, J., & West, J. (2016). Effects of the Minimum Wage on Employment Dynamics. Journal Of Human Resources, 51(2), 500-522. http://www.bea.gov/iTable/iTable.cfm?ReqID=9&step=1#reqid=9&step=3&isuri=1&903=76 http://www.bls.gov/oes/CURRENT/oes_OH.htm#00-0000 Articles: http://www.daytondailynews.com/news/business/economy/brown-wants-to-raise-minimum-wage-to-15-but-doubts/npKmL/ Meer, J., & West, J. (2016). Effects of the Minimum Wage on Employment Dynamics. Journal Of Human Resources, 51(2), 500-522.
The Dayton Regional STEM School Local Economics Podcast Project
The following is a collection of podcasts by 11th and 12th graders at the Dayton Regional STEM School. The podcasts represent student research of stories in which macro and microeconomic topics converge in the real world.
