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, Understanding Rules & The Law, KS2 (ages 7-11)
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…
Lessons, Understanding Rules & The Law, KS2 (ages 7-11)
Conflicting Rights
In this lesson pupils will revisit their knowledge of human rights to consider situations in which people’s rights may appear in conflict with one another. Pupils will debate how they…
Lessons, Sustainability and the Environment, KS2 (ages 7-11)
Plastic Pollution (KS2)
Find out more about the impact of plastic on our oceans. Watch this introductory video and use our free...
More Economics, Money and Managing Resources resources
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...
Lessons, Understanding Rules & The Law, KS4 (ages 14-16)
Employment Law (SmartLaw Subscription)
During this lesson students explore the law that applies to young workers and what they can do if they believe their legal rights at work are not being upheld. To…
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…
More KS4 (ages 14-16) resources
Lessons, Understanding Rules & The Law, KS3 (ages 11-14)
Who’s to Blame? (SmartLaw Subscription)
This activity is based on the case of R v. Dudley and Stephens (1884) – two sailors accused of murdering cabin boy Richard Parker, after being cast adrift on the…
Lessons, Economics, Money and Managing Resources, KS4 (ages 14-16)
Climate Action: Circular Economies
During this lesson students explore how the economy can be used to support climate action and create a more...
Lessons, Understanding Rules & The Law, KS4 (ages 14-16)
Social Media and the Law (KS4) (SmartLaw Subscription)
Students explore the law in relation to social media posts, the types of offences that people are committing (whether knowingly or not) and the consequences of these offences. Finally, students…
More KS5 (ages 16-18) resources
Lessons, Digital Citizenship, KS4 (ages 14-16)
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...
Lessons, Digital Citizenship, KS3 (ages 11-14)
What is Media Bias?
During this lesson students explore what bias within the media is and how it differs from fake news. They...
Understanding Rules & The Law, KS3 (ages 11-14)
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…