This classroom resource was developed in partnership with global business advisory firm FTI Consulting. Their support enabled this specialist resource to be distributed to schools for free.
Overview
This free classroom resource explores what economic cycles are and how they impact our lives.
Aimed at KS4 and Post-16, your students will:
- Understand the basic concept of economic cycles and key terms such as GDP, recovery, growth and recession
- Have explored a range of key indicators that demonstrate a growing or shrinking economy
- Have critically examined the impact the different stages of economic cycles can have on individuals in a range of circumstances.
Acknowledgements:
More Lessons resources
Lessons, Digital Citizenship, KS2 (ages 7-11)
Using Technology for Good
In this lesson pupils will consider the multiple uses of technology and how technology can be used to solve problems. Pupils will be introduced to the example of Trevor Baylis,…
Lessons, Understanding Rules & The Law, KS4 (ages 14-16)
Sexting and the Law (SmartLaw Subscription)
This lesson explores what the law says in relation to the sending of sexually explicit images by those aged under 18. The lesson examines two scenarios of young people involved…
More Economics, Money and Managing Resources resources
Lessons, Economics, Money and Managing Resources, KS3 (ages 11-14)
Create a Local Council Budget
Students critically consider the needs of a fictitious town and how to spend it’s £250 million budget wisely. Working...
Lessons, Economics, Money and Managing Resources, KS3 (ages 11-14)
The Economy Quiz
In this short, 15 minute activity students use all they have learnt from earlier lessons to complete a quiz...
Lessons, Economics, Money and Managing Resources, KS4 (ages 14-16)
You Decide! (KS4)
This resource will allow students to critically consider what reasons and ways the government can take to support different...
More KS4 (ages 14-16) resources
Lessons, Sustainability and the Environment, KS4 (ages 14-16)
Mock G7 Pack
The UK hosted the G7 Summit in June 2021. Young Citizens wants to engage young people across the UK...
Lessons, Politics and Democracy, KS4 (ages 14-16)
Citizenship: a privilege or a right?
Students research what the law says about the rights of individuals to become UK citizens and critically examine whether...
Lessons, Economics, Money and Managing Resources, KS4 (ages 14-16)
Who’s Really Paying for COVID?
Young people are, and will continue to be, some of the most impacted by COVID. However their voices have...
More KS5 (ages 16-18) resources
Classroom Toolkits, Politics and Democracy, KS1 (ages 5-7)
Controversial issues: guidance for schools
Children are alert to information and images they see in the media. These may graphically influence their view of the world, and not always positively. Graphic images on TV and…
Lessons, Economics, Money and Managing Resources, KS4 (ages 14-16)
COVID and the Economy
During this session, students will critically examine some of the key economic considerations of the pandemic. They will explore...
Lessons, Economics, Money and Managing Resources, KS3 (ages 11-14)
Consumer Law (SmartLaw Subscription)
This lesson explores the law concerning buying and selling goods and services highlighting what their rights and responsibilities are as a consumer. The lesson gives students the opportunity to practice…