
Overview
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
Money – Wants and Needs
Pupils will consider the difference between wants and needs and discuss how our wants and needs can influence how we spend money. To access this content, register for our School…
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…
What Happens When Laws are Broken?
During this lesson pupils explore what happens when laws are broken, learn about the different types of sentences that are given and the main purposes of sentencing. Before taking part…
More Economics, Money and Managing Resources resources
The Economy Quiz
In this short, 15 minute activity students use all they have learnt from earlier lessons to complete a quiz...
What is Debt?
Students will explore issues around money, personal and sovereign debt and consider the impact government borrowing has on future...
The Government and the Economy
By the end of the lesson students will: Understand key economic terms including taxation, welfare benefits, public spending and...
More KS4 (ages 14-16) resources
Who Owns Your Data?
This ready-to-teach double lesson pack is aimed at students in key stages 4 and 5. During the course of...
An Introduction to Human Rights
In this lesson students will explore our rights and responsibilities and how they are protected in law. They are...
What is a Political Party?
This resource pack is the fourth of a four-part set which has been designed to introduce students to the...
More KS5 (ages 16-18) resources
Sentencing Guidelines (SmartLaw Subscription)
This lesson asks students to consider the key findings of a harassment trial and conclude what sentence should be given to the guilty party. During the course of the lesson…
Climate Action: Using the Law to Drive Change
In 2021, COP26 was hosted in Glasgow. It was seen as a pivotal moment in tackling the global climate...
An Introduction to Human Rights
In this lesson students will explore our rights and responsibilities and how they are protected in law. They are...