Welcome to the magical land of Economics for Kids: Lessons from Fables & Fairy Tales featuring Canberra - the capital city of Australia's landmarks.
This book was inspired by a curious boy's endless questions about the world, how the economy works, and my passion for making complex ideas accessible and enjoyable for children. As a mother, economist, author and educator, I've always believed that learning should be an adventure filled with fun, curiosity, and discovery. Economics is often seen as a topic for adults, but the truth is that kids encounter economic principles every day. Whether it's through sharing toys, saving allowance, or deciding how to spend their birthday money.
Description:
Fixing Public Goods uses the fable The Bundle of Sticks to teach children about important economic concepts such as public goods, externalities, and decision-making. Through engaging storytelling, this book introduces ideas like the 80/20 Rule, positive and negative externalities, and how collaboration and smart choices can solve challenges in economics.
Key Lessons:
The 80/20 Rule: Kids learn how a small number of efforts or resources can produce a large proportion of the results.Public Goods: The book explains public goods and how shared resources benefit everyone.Positive and Negative Externalities: Young readers discover how certain actions can have good or bad effects on others, even if they aren't directly involved.Teamwork and Decision-Making: The story emphasizes how working together and making informed decisions can address problems and improve outcomes in everyday life.
Educational Purpose:
Part of the Economics for Kids series, this book uses simple examples and captivating illustrations to make economic concepts fun and easy to understand. It encourages kids to explore
This book is designed to introduce basic economic principles through engaging and entertaining stories from Fables and Fairy Tales that children can relate to and enjoy. Each story is carefully crafted to not only teach but also inspire young minds to think critically about the world around them. These stories are hand-picked by request of a 10-year-old boy and crafted in the Australian Capital city, so they also feature some landmarks of the town where the stories began.
Thank you for joining us on this exciting and unique educational journey.
I wish you and your children find these lessons both informative, memorable and fun!
Warm regards,
Helen Hoang, PhD
