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, 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...
Lessons, Social Action/Active Citizenship, KS2 (ages 7-11)
Making a Difference From Home
Our packs support KS2 and KS3 pupils to plan and deliver their very own mini social action project. By...
Lessons, Community, KS1 (ages 5-7)
Exploring Our Community
In this lesson pupils will research what is meant by the word ‘community’. Pupils will think about who lives in their area and what services and facilities there are for…
More Economics, Money and Managing Resources resources
Lessons, Understanding Rules & The Law, KS5 (ages 16-18)
Housing Law (SmartLaw Subscription)
In this lesson students explore a range of different housing situations someone can find themselves in. They examine some of the common legal issues concerning housing including common landlord and…
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)
How Does the Budget Impact Me and Others?
The resource consists of two activities. The first is a notation task based on the information provided about the...
More KS4 (ages 14-16) resources
Lessons, Understanding Rules & The Law, KS3 (ages 11-14)
Law in Wales
Did you know that the age of criminal responsibility in Wales is ten? In Scotland it is 12. In...
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...
Lessons, Understanding Rules & The Law, KS4 (ages 14-16)
Mock Trials Classroom Pack
The Mock Trial Competitions are our longest-running active citizenship experiences. Since 1991, we have provided unparalleled exposure to the...
More KS5 (ages 16-18) resources
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, Politics and Democracy, KS4 (ages 14-16)
Mock Parliament Debate
Aimed at students in KS4 and 5 (13-18 year olds) the pack is designed to be delivered over a...
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…