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, 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, Understanding Rules & The Law, KS1 (ages 5-7)
The Big Legal Lesson 2026 (ages 5-11)
Join the UK's biggest legal education campaign during February 2025.
More Economics, Money and Managing Resources resources
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)
What is Tax?
During this lesson, students will look at the purpose and collection of taxes. They will explore how public services...
Lessons, Economics, Money and Managing Resources, KS3 (ages 11-14)
What is Debt?
Students will explore issues around money, personal and sovereign debt and consider the impact government borrowing has on future...
More KS4 (ages 14-16) resources
Lessons, Understanding Rules & The Law, KS4 (ages 14-16)
The Big Legal Lesson 2026 (ages 11-18+)
Join the UK's biggest legal education campaign during February 2025.
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, Digital Citizenship, KS3 (ages 11-14)
Fake News: The Evolution of Media
In this lesson, students explore how media has changed since the 1900s and the impact this has had on...
More KS5 (ages 16-18) resources
Lessons, Economics, Money and Managing Resources, KS5 (ages 16-18)
The Government and the Economy
By the end of the lesson students will: Understand key economic terms including taxation, welfare benefits, public spending and...
KS3 (ages 11-14)
Bar Mock Trial Competition – Support Videos
Preparing for the Bar Mock Trial Competition? Watch these video explainers, demonstrations and expert tips on key aspects of criminal trials. To access this content, register for our Bar Mock…
Lessons, Sustainability and the Environment, KS4 (ages 14-16)
Biodiversity: Using the Law to Drive Change
During this lesson, students consider what biodiversity is, why it is essential to all life on Earth and what...