|June 14, 2005
Mike Stepanovich, 661/664-2456 or
The 12th annual Children in the Marketplace program is scheduled this summer at California State University, Bakersfield. The project, which runs July 11-22, is an innovative economics education program presented by CSUB. The curriculum is designed to introduce elementary school students to fundamentals of economics, decision-making and citizenship.
"Our goal is to educate children about decision making, because ultimately their lives will be affected by the choices they make," said program director Abbas Grammy, an applied economics professor at CSUB. "In fact, many boys and girls begin to learn the importance of work, education, money, and set career goals as well as make decisions through this program."
Fourth, fifth, and sixth grade students from area schools participate in the summer program, learning the fundamentals of markets, from supply-and-demand to money and the banking system, including lessons that bring home the concepts of competition, price and profit through hands-on projects. Students take roles as managers, workers, and consumers, learning to solve practical problems, such as how to manage scarce resources and how to price a product.
"The program is fun and educational," Grammy said. "Parents and children really like it." The program offers 30 hours of in-class instruction, group activities and business trips. Students are admitted on a first-come, first-served basis.
Children in the Marketplace is funded by a grant from the Wells Fargo Foundation that has helped reduce the student tuition fee to $100 for the two-week program. Participants receive daily snacks, a T-shirt and class photos. Tuition assistance is available, Grammy said.
Classes meet in room E106 of Dorothy Donahoe Hall on the CSUB campus from 9 a.m. to noon Monday through Friday each week. Richard Morosa, a teacher at Standard Middle School, is the instructor. Ed Taylor of Wells Fargo Bank serves as honorary program chair.
For more information, please call Grammy at (661) 654-2466.