2 economic labour assignment

Length: 400 words for each essay
Write a short essay on each of the following topics:
1. What has capitalism got to do with inequality?
2. How are unemployment and underemployment different in rich and poor countries?
3. Why are wages for most workers so low while their hours are so long?
Take a look at the study questions in each of the three sections of Unit 2 to develop a framework for each essay. It is not possible to address everything that is presented in the readings—the point of these short essays is to distill essential arguments from the readings and leave out arguments and facts that support the essentials without being essential themselves.

Length: 1000 words
Write an essay comparing the key arguments made by neoclassical and radical economists, respectively. The essay should point out similarities and differences between these two approaches to economic analysis.