Campus: CSU Bakersfield -- June 27, 2003
The 10th Annual Children in the Marketplace Program
The 10th annual Children in the Marketplace program begins next month at California
State University, Bakersfield. The project, which runs from July 14 to 25, is an
innovative economics education program presented by CSUB. The curriculum is designed
to introduce elementary school students to fundamentals of economics, decision-making,
"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
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."
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 $90 for the two-week program. Participants
receive a T-shirt and class photo. Tuition assistance is available, Grammy said.
Classes meet in Dorothy Donahoe Hall room E106 on the CSUB campus from 9 a.m. to noon.
Marnie Forzetting, a teacher at Ronald Regan Elementary School in Bakersfield, is
the instructor. Nancy Garrett of Wells Fargo Bank serves as honorary program chair.
For more information, please call Grammy at (661) 664-2466.
MEDIA CONTACT: Mike Stepanovich, (661) 664-2456, firstname.lastname@example.org