Do you ever teach Economics to your 5 year old kid?To be honest, i heard about economics only at the age of 15. But after learning economics as one of my subjects I felt it was too late to learn such an awesome subject I even wondered, why I did not come across this subject in my primary and secondary schools.
Like Math, science and civics, economics is also a subject that is necessary to our life and we cannot pass a day without them. Economics are considered as National finance, annual budgeting and 5 year plans etc. But in simple definition, economics is all about money and money management. So, now tell me, isn't it required to teach economics at an younger age?
Now, I am looking for my fellow members to suggest, what should be covered in a 1st grade economics syllabus?
Basic Needs of Human life
What is the difference between Need and Want?
How do we fulfill our Needs and Wants?
piggy Bank stories
Gift them a piggy bank
Ask your children to tell what are their wants.
Ask, "Will they sacrifice their needs for Wants?"
Give them a piggy bank