1. Bellringer
1. List 4 jobs you could do without any special skills
2. List 4 jobs you could do that require skills, licenses
or education
3. Get out your notes on price ceilings
4. Continue them on the back and title today’s
Cornell notes: Price Floors

2. Types of labor
• Skilled labor: require skills, licenses or education
• Salary?
• Give 3 examples
• Unskilled labor: lower human capital, physical,
entry level
• Salary?
• Type of person?
• Give 3 examples
Who are you right now? In 10 years?
Students, low skilled immigrants, uneducated
Professionals, skilled immigrants, educated

4. Germany lacks
a min wage
Around the World

5. #5 OPTIC

6. Minimum Wage Graph
• Price floor on unskilled labor market
• Subway test,
• $25/hour,
• $15/hour,
• $10/hour,
• $7/hour,
• $5/hour

8. Partner debates
• Pro vs. Con – raise the
minimum wage to $15
• Pro vs. Con – keept farm
price floor (cheese & milk)
• Pro vs. Con –create a hard
alcohol price floor

9. Fish bowl Debate Rules: 20 point assignment
winners +5 QE
• Remain civil, no name calling, no “that’s stupid”
• Everyone must talk to earn full points
• No straight up reading off notes
• 1. “Why we are right”
2. “Why they are wrong”
Non debaters will grade debaters and
decide who wins

10. Sit with your partner and review your
notes from yesterday
• Pro vs. Con – raise the
minimum wage to $15
• Pro vs. Con – keep farm
price floor (cheese & milk)
• Pro vs. Con – create a hard
alcohol price floor

11. Pro - $15
Minimum Wage
Con- $15
Minimum Wage
Pro – Keep price
floor on
milk/cheese
Con– Keep price
floor on
milk/cheese
Con– Create price
floor on hard
alcohol in USA
Pro – Create price
floor on hard
alcohol in USA

12. If you miss Monday - 20 points
• 4 paragraph essay on your side of the price
floor
• Paragraph 1 – introduction to the issue
• Paragraph 2 – why your side is right
• Paragraph 3 – why the other side is wrong
• Paragraph 4 – what the reader should think
about this debate

13. On your paper for the debate
1. What good points did the “Pro” group make?
2. What good points did the “con” group make?
3. Who do you think won and a reason why.
4. Who do you think won your debate and why.