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…

To access this content, register for our Secondary School Subscription.

More Lessons resources

Lessons, Economics, Money and Managing Resources, KS2 (ages 7-11)

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 Primary…

Lessons, Health and Wellbeing, Relationships, KS1 (ages 5-7)

How Do You Feel Today?

In this lesson pupils will read about Mitali and his concerns for his friend Anna, who appears to be withdrawn and unhappy. Pupils will consider what can make people feel…

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 in teams, students evaluate the local needs and priorities of the…

More Economics, Money and Managing Resources resources

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 Budget and welfare benefits. The second task provides an opportunity for…

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 sustainable society. Students examine the difference between linear and circular economies…

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 are largely funded through the payment of taxes and learn how…

More KS4 (ages 14-16) resources

Lessons, Politics and Democracy, KS3 (ages 11-14)

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 concept of democracy. Each pack can be delivered independently of each…

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

Family Law – Cohabitation and Marriage (SmartLaw Subscription)

During the course of the lesson students will learn the difference between marriage and cohabitation and consider what legal rights come with both. Students will  explore the changing attitudes in…

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

Sentencing Myths (SmartLaw Subscription)

This short activity challenges young people’s perceptions of current sentencing guidelines. It can be run as a standalone activity or as an extension activity as part of a mock trial…

More KS5 (ages 16-18) resources

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

Be Your Own Councillor

Students examine ways in which a fictional town council could spend its budget. They consider the concerns of different residents and analyse how the budget could be spent most effectively.…

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 the actions the Government has taken to save lives and what…

Lessons, Digital Citizenship, KS4 (ages 14-16)

Ethics, Innovation and the Law

Aimed at KS4 and Post-16, your students will: Explore the way technology is developing and the impacts this has on them and society Learn about the laws that regulate the…