Course Overview
In this module, children will be introduced to everyday economic concepts that are driven by our behaviours and preferences.
Children will also be introduced to more advanced concepts like scarcity, surplus and equilibrium and how they are affected by our demand for items.
These concepts will be simplified by a conversation between two (2) children and a neighbourhood uncle on their way from the mall.
What children will learn
- The relationship between cost, benefits and incentives
- Demand and supply and resource constraints drive the exchange of goods and services
- Introduction to inflation and how its the society