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, Digital Citizenship, KS2 (ages 7-11)
Using Technology for Good
In this lesson pupils will consider the multiple uses of technology and how technology can be used to solve problems. Pupils will be introduced to the example of Trevor Baylis,…
Lessons, Relationships, KS1 (ages 5-7)
Tongue: The Power of Words
In this lesson pupils will read a tale adapted from Carib tradition which tells of how words can be used for good or bad. In discussion, pupils will consider the…
More Economics, Money and Managing Resources resources
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, Understanding Rules & The Law, KS4 (ages 14-16)
Employment Law (SmartLaw Subscription)
During this lesson students explore the law that applies to young workers and what they can do if they believe their legal rights at work are not being upheld. To…
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...
More KS4 (ages 14-16) resources
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...
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, 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...
More KS5 (ages 16-18) resources
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...
Lessons, Understanding Rules & The Law, KS5 (ages 16-18)
An Introduction to Human Rights
In this lesson students will explore our rights and responsibilities and how they are protected in law. They are...
Lessons, Sustainability and the Environment, KS4 (ages 14-16)
Climate Action: Using the Law to Drive Change
In 2021, COP26 was hosted in Glasgow. It was seen as a pivotal moment in tackling the global climate...