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Mr. Monday, The Ice Cream Man: A Story for Young Economists Seeking to Understand Monopolies (Paperback) (ISBN-13: 9780985791728)
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Lee Weldon Bailiff
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Books
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xAre monopolies bad? If so, why? If not, why not? These are questions that are difficult to answer unless we possess a proper understanding of how economies work.In Mr. Monday, The Ice Cream Man: A Story for Young Economists Seeking to Understand Monopolies, Lee Bailiff has written a simple story with a complicated theme. Should Mr. Monday be the only ice cream seller in Happy Woods, or should Mr. Jolly be permitted to compete with him? How much choice should the children have? How much involvement should the Town Council have? What role should the parents play?And, in all of these questions, there exists a more important one woven underneath: why?Economics helps us all understand why things happen the way they do in the marketplace and Lee Bailiff helps his readers understand economics.No matter what your educational goals or situations, whether you are home schooling your children or being home schooled, or whether you are in public schools - or even attending a university and undertaking your first economics course, this book and the others that will be published in this Young Economists series will help clarify difficult topics and make the often intimidating subject of economics more approachable.The story is divided into six parts. After each part, there are a number of review questions parents may go over with their children or teachers may go over with their students. The goal of these questions is to focus the mind of the reader on what the problems are that the characters are facing and what the possible solutions these problems may be.
Author: Lee Weldon Bailiff
ISBN-10: 0985791721
ISBN-13: 9780985791728
Publisher: Young Economists
Language: English
Published: 11/12/2013
Pages: 50
Format: Paperback
Weight: 0.18lbs
Size: 9.00h x 6.00w x 0.13d
Author: Lee Weldon Bailiff
ISBN-10: 0985791721
ISBN-13: 9780985791728
Publisher: Young Economists
Language: English
Published: 11/12/2013
Pages: 50
Format: Paperback
Weight: 0.18lbs
Size: 9.00h x 6.00w x 0.13d
By Lee Weldon Bailiff
xI have been teaching undergraduate economic principles since 2006 and possess a bachelor's and a master's degree in economics from Baylor University. I have taught at Tarrant County College and Texas Christian University. I have always enjoyed economics and the role economic thought plays in making all kinds of complicated topics more sensible. Economics is, at heart, the study of the most efficient allocation of scarce resources - resources which have a number of potential uses. In a nutshell, it all boils down to efficiency. The more efficient the allocation of scarce resources, the more wealthy the society, and the higher the average standard of life experienced by the members of that society. This is important material to understand. Children receive very little instruction in economic thinking. I want to change that. This book, as well as the others I am publishing in this series, will be useful for any parent that wants to help his or her children understand basic economic principles. I am taking core concepts and filtering them down to their most fundamental level. I hope that the stories I tell entertain as well as challenge the child's mind. It's never too early to exercise the thinking muscle. While it is true that these books are written primarily with the homeschooling of my own children in mind, they are perfectly suited to children in any educational atmosphere. All that is really required is a parent that wants his or her child to learn about economics.
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