
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
Crime and its Impact (SmartLaw Subscription)
Students explore the impact of crime on those surrounding the victim and the perpetrator and consider the financial, physical and emotional ripples that crime can have on a community. Please…
Law Makers (SmartLaw Subscription)
In this lesson students examine what the rule of law is and why we need it. They consider how and why laws are made in the UK and what the…
Police Powers (SmartLaw Subscription)
This lesson examines the powers that the police have to stop and search, arrest and detain individuals. Students also have the opportunity to create their own ideal police force considering…
More Economics, Money and Managing Resources resources
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…
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...
Why Do We Pay Taxes? (Part 2)
Pupils will learn that councils are responsible for local spending decisions and can raise additional funds for public services through council taxes. To access this content, register for our School…
More KS4 (ages 14-16) resources
Youth Justice (SmartLaw Subscription)
During this lesson, students will explore the process a young person goes through when they commit, or are suspected of committing a crime. They will also examine different types of…
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…
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…
More KS5 (ages 16-18) resources
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...
Voting and the General Election
This resource pack is the second of a four-part set which has been designed to introduce students to the...
Climate Action: Circular Economies
During this lesson students explore how the economy can be used to support climate action and create a more...