Page | 3 Background and Information Ageing population is an issue of serious concern for Singapore, as it is a small country very dependent on its work force to keep its economy going. However since 2005, the population growth has been declining ever since. In 2020, over 25% of Singapore’s population would be over 65 years old and Singapore has the fastest ageing population in the world. With our advanced healthcare, life expectancy of the populations has been increasing and when coupled with declining birth rates, it could be a recipe for disaster of Singapore’s economy if the government does not take any early measures. Additionally, ageing population has many other negative effects on Singapore such as the decreasing work force population, difficulty for employers to get skilled labor (shortage of skilled workers) and increasing spending on healthcare and upgrading projects for houses. This would eventually have to lead to the increasing of taxes as a source for the extra funding required for the increased spending, which ultimately would have to be borne by the smaller working population. In this paper, I would also be talking about the current ageing population situation and actions currently taken by the government to boost the economy, and why it is unfair for Singaporeans. Additionally, I would be suggesting some possible and more effective solutions to curb the negative effects of ageing population that should be carried out by the government to ensure the happiness of everybody while also ensuring that the economy remains running productively and efficiently to keep a balance
ECON 210 Research Paper Checklist
Your topic summary and proposed outline of your idea for the paper is due in Module 3, a draft of the paper is due in Module 6, and the final paper is due in Module 9. Here is a checklist that you may find helpful.
The objective of the assignment is to demonstrate the application of microeconomic theory as presented in Arnold to a current topic you have chosen. It is the application of the theory that is important; this is not just a research paper which describes a current situation with some economic features.
The selected topic must be one that relates to microeconomics; that is, any of the subjects listed in the Arnold table of contents under microeconomics, for example, market failure. Macroeconomic topics and analysis are not acceptable for a micro class.
The paper should not be long. Provide enough information and detail on your chosen topic to serve as the basis for economic analysis. The topic must be relatively current; an analysis of some past event is not acceptable.
Show how the theory you’ve learned from the course and presented in Arnold applies to or explains the current situation. The analysis need not be complex, but must include a written explanation and a graphical analysis similar to those used throughout Arnold. Basically, you are just selecting the appropriate tools from Arnold and showing how they apply to a specific situation.
Write a short conclusion. This might include some predictions for the future.
The paper should include the following:
Insert page numbers. A Running Head is fine but not necessary.
Abstract – not required but OK if desired
Table of Contents – not required
Section Headings – strongly encouraged
Citations – cite all references in the body of the text and in the Reference list.
Plagiarism – Do not copy text from another author or Web source unless it is quoted.
Appendices – Not necessary but may be appropriate for raw data.
Resources on APA Style
American Psychological Association: Learning APA Style (see The Basics of APA Style tutorial)
Purdue OWL: General APA Guidelines (General format of APA research papers, in-text citations, and reference page)
If you have questions, please ask now.