Wants are desires that can be satisfied by consuming goods and services. For example, did you know there is economics in If You Give a Mouse a Cookie? We are all familiar with the cute mouse who is continuously asking for more. Young children can learn economics and even enjoy learning economics when it is linked to real-world applications such as children’s literature and media. This education should start as early as possible so that children have a strong foundation on which to build more complex economic concepts. Thus, it is imperative to give them the proper economic content knowledge to make these decisions. Learning economics gives children the tools to be informed decisions makers whereby they weigh the costs and benefits of their economic choices-when they choose what college to attend, career to pursue, how much of their income to spend, whom to vote for, and so on. The importance of early economic education stems from one important fact: Children must understand the world around them. Why is it important for kids to have an early economics education? She has a PhD in Economic Education from the University of Delaware. Louis developing curriculum, providing professional development for teachers, and conducting research. Erin is a Lecturer of Economics at the University of Arizona who worked for many years with the Federal Reserve Bank of St.
Noted economic education expert Erin Yetter helped vet Hopkinson’s manuscript for Thanks to Frances Perkins, and we invited her to speak to us on our blog today about why early economic education is so important and to share some of her favorite resources. Plus, as we head back to school, we recognize that this book draws attention to a growing need for early economic education. Not only is it the 85 th anniversary of the Social Security Act (August 14), but harsh financial outcomes of the pandemic crisis are putting a much-needed spotlight on Perkins and the helpful services she helped establish. Excitement has been building at Peachtree for next month’s release of Thanks to Frances Perkins by award-winning author Deborah Hopkinson and illustrator Kristy Caldwell.
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