As part of the My World series, Economics is a book designed to provide an easy-to-understand explanation about the complex world of economics that children may often hear about on news whenever the topics of 'inflation' and the 'rising cost of living' are mentioned. This book concisely explains what basic economic ideas and theories are, how economic activity affects our everyday lives and how our societies and the wider world are shaped by its structures and rules. From car boots sales to large global businesses, this book explores how economic theories help to explain not only how we act as earners, savers and consumers, but also how places like schools and hospitals are run.