What Is Supply and Demand?

Fundamental elements of most economics principles (Little Economists)

Children - Grade K-3rd
33 Pages
Reviewed on 08/09/2024
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    Book Review

Reviewed by Pikasho Deka for Readers' Favorite

Teach your child the basics of economics with Kelly Lee's fascinating picture book, What Is Supply And Demand? Charlie loves to bake cookies. He owns a bakery shop that sells cookies and ice cream sandwiches. It's summer, and Hank and Ava are feeling the heat. Hank suddenly remembers Charlie's bakery and tells Ava they can get some ice cream sandwiches at his shop. Ava agrees, and soon they arrive outside Charlie's bakery, only to see a long line of customers. They realize that the ice cream sandwiches are expensive because they have become so popular, and the supply is low. When Hank and Ava visit the bakery in winter, there is no longer a line outside. Demand is low, so Charlie lowers the price of ice cream sandwiches and introduces warm cookie sandwiches. How will the cookie sandwiches fare?

Kelly Lee has found an ingenious way to introduce kids to a few fundamental aspects of economics in What Is Supply And Demand? With an engaging story and some immensely likable characters, Lee delves into the concepts of supply and demand and demonstrates how they impact the price of any particular commodity. The author masterfully integrates these concepts into an absorbing narrative that kids will be interested in as the plot captivates you from start to finish. The illustrations depicting the characters of Charlie, Ava, and Hank make their personalities shine with unique facial expressions, which readers are going to love. If you're a parent or a caregiver, this is the book you want your child to read to gain a basic understanding of how markets work at a fundamental level. All in all, this picture book entertains as well as educates. Highly recommended.