ECO103 Paper No. 2- Micro Paper

Macro Article – Economics of Labor Immigration

Your macro article is due at the end of Week 5. This assignment focuses on these sources of economic growth: size of the labor force and productivity growth.

During Weeks 4 and 5, we studied GDP concepts and the four factors that lead to economic growth – more people, more capital equipment, technological change that raises the productivity of labor (human capital) and physical capital, and the rule of law. The macro paper for this course will address the economics of labor immigration, building on your studies in Weeks 4 and 5. Immigration is controversial – does it grow our economy? Do immigrants compete with native workers and lower wages? Does immigration cause higher unemployment?

First, read this article:

Immigration and Economic Growth(Hanson, 2012)

You may read other articles as well, and include them in your bibliography.

Using these resources:

1. Explain the four factors that lead to economic growth.
2. Which of the factors of growth does Hanson rely on to develop his arguments about the benefits of immigration?
3. Explain Hanson’s arguments about immigration and the factors of growth.
4. Assume that you are an advisor to a U.S. Congressman. Draft a one-paragraph “soundbite” that summarizes an economic position on immigration.

Your paper should:

· be a total of 800 to 1200 words,

· include a bibliography with at least two references, presented in APA style,

· have been spell-checked and grammar-checked using Word’s review utility.

Grading Rubric for Article Analysis