They listen to their parents discuss the rising costs of fuel and electricity at their homes. They read about the need for judicious use of power and its monetary benefits in news papers or on websites. In order to make a sense of all this information, kids need to be educated about economics in a proper manner.Books pertaining to the subject of economics are largely abstract and require a logical maturity for comprehension. Such books are certainly not expected to be read, let alone understood, by kids. However, the book 'Whatever Happened to Penny Candy' by Richard Maybury can be introduced to kids as it easy to read as well as understand. The author keeps undercurrents of entertainment in order for the reader to enjoy reading as well as remember the points made by the author. 

Older kids will benefit from reading fiction novels that have plots revolving around economics and finance. Henry Hazlitt's 'Time Will Run Back' is an excellent choice for this purpose. Even Sir Jeffery Archer's 'Not a penny more, not a penny less' is a good novel that will enlighten the kids about the world of share trading.  

Books apart, the onus is on the parents to first introduce the kids to economics. Discussing with them the price fluctuation of essential commodities, its causes and its effects will serve as a strong foundation for the child's learning. Education starts at home and given the fact that there is hardly any emphasis on economics in primary schools; education relating to economics assumes even more importance.

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