Resource

Economic Cycles

Economics frames many of the day-to-day decisions we have to make. Be it about work, leisure, saving or spending, all aspects of our lives are impacted by the economy.

 

Photo Credit: Anna Dziubinska / Unsplash

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:

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.

More Lessons resources

Lessons, Social Action/Active Citizenship, KS1 (ages 5-7)

Caring for our Communities

In this lesson pupils will think about the importance of caring for their community and the varied caring responsibilities which are held by members of the community. They will identify…

Lessons, Understanding Rules & The Law, KS4 (ages 14-16)

Migration of People

To help you engage your students in the topic of migration Young Citizens have developed a flexible teaching resource...

Lessons, Sustainability and the Environment, KS1 (ages 5-7)

Pollution: Expedition to Planet Blueball

This lesson explores the issues of pollution of our planet and sustainable power. It is based around an animated story, involving the Go-Givers characters, in which creatures from a friendly…

More Economics, Money and Managing Resources resources

Classroom Toolkits, Politics and Democracy, KS1 (ages 5-7)

Controversial issues: guidance for schools

Children are alert to information and images they see in the media. These may graphically influence their view of the world, and not always positively. Graphic images on TV and…

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...

Lessons, Economics, Money and Managing Resources, KS4 (ages 14-16)

Economic Cycles

This free classroom resource explores what economic cycles are and how they impact our lives. Aimed at KS4 and...

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, 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...

Lessons, Understanding Rules & The Law, KS3 (ages 11-14)

Learning About the Law (SmartLaw Subscription)

This lesson gives students an introduction to the legal system in the UK. During the lesson students will examine the roles of the various professionals involved in the law and…

More KS5 (ages 16-18) resources

Student Tools, Politics and Democracy, KS3 (ages 11-14)

How to share learning with your peers

Originally designed to be a companion pack for the Democracy Ambassadors programme, this handy toolkit will support students who...

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...