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, Health and Wellbeing, KS2 (ages 7-11)
What is an Infectious Disease?
In this lesson pupils consider how infections can spread rapidly through a population and are introduced to the different infectious agents that cause disease (bacteria, viruses, fungi and parasitic organisms).…
Lessons, Health and Wellbeing, KS2 (ages 7-11)
Cancer – Early Detection and Prevention
This lesson has been designed in response to the Big Vote, where children voted on what issues they most cared about. The vote was to mark the ten year anniversary…
Lessons, Understanding Rules & The Law, KS2 (ages 7-11)
Where do you stand?
Over a series of short sessions, pupils will have the opportunity to consider topical issues related to their school life. Pupils will consider the strength of arguments for and against…
More Economics, Money and Managing Resources resources
Lessons, Economics, Money and Managing Resources, KS4 (ages 14-16)
Who’s Really Paying for COVID?
Young people are, and will continue to be, some of the most impacted by COVID. However their voices have...
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)
You Decide! (KS4)
This resource will allow students to critically consider what reasons and ways the government can take to support different...
More KS4 (ages 14-16) 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, 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, 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...
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, Understanding Rules & The Law, KS3 (ages 11-14)
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…
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...