"Mum, why can't we have everything at once?"
That simple question from my young son sparked an extraordinary journey.
As an economist, I had spent years studying how people, businesses, and governments make decisions. Yet it was this innocent childhood question that reminded me of something profound: economics begins long before we earn our first dollar.
Every day, children make choices.
Should I save my pocket money or spend it?
Should I play now or finish my homework first?
Should I share, wait, or choose something else?
These are the first lessons in economics.
Economics for Kids - Volume 1 brings these everyday decisions to life through timeless fables, fairy tales, and real-world adventures set against the beautiful landmarks of Canberra, Australia.
Join Econ Mum and Econ Kid as they explore museums, parks, zoos, and gardens, where curious questions lead to unforgettable stories inspired by Aesop's Fables and classic fairy tales. Along the way, children discover that economics is not just about money-it's about choices, values, problem-solving, and understanding the world around us.
Through engaging stories, young readers will learn about:
. Scarcity and why we can't have everything at once
. Opportunity cost and making thoughtful choices
. Saving and planning for the future
. Markets, trade, and entrepreneurship
. Money, value, and financial literacy
. Critical thinking and responsible decision-making
Each story concludes with:
- Economics lessons explained in child-friendly language
- Discussion questions for families and classrooms
- Practical takeaway messages children can apply in everyday life
Perfect for children aged 7-13, parents, grandparents, teachers, homeschoolers, and anyone who believes life skills should begin early.
Written by economist and Amazon bestselling author Dr. Helen Hoang, this book is part of the internationally growing Economics for Kids series and the broader EconTech learning ecosystem, which includes Economics for Teens, Economics for Kids: The Game, EconLab, and innovative educational programs that help young people build confidence for the future.
Because economics isn't just about money.
It's about making better choices, solving problems, and creating a brighter future.
Welcome to your first adventure.
When you finish this book, nineteen more adventures will be waiting for you.