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, Sustainability and the Environment, KS1 (ages 5-7)
Litter: The Picnic
In this lesson pupils will follow the story of the Go-Givers having a picnic. Pupils will think about the problems caused by littering and how they can take responsibility for…
Lessons, Community, KS2 (ages 7-11)
My Community
During this lesson pupils consider what we mean by the word community and are challenged to think about all the different community groups they belong to and how it feels…
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...
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, KS2 (ages 7-11)
Why Do We Pay Taxes? (Part 1)
Pupils will learn that public services are largely funded through the payment of taxes to the government. To access this content, register for our School Subscription.
Lessons, Economics, Money and Managing Resources, KS3 (ages 11-14)
You Decide! (KS3)
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, Politics and Democracy, KS4 (ages 14-16)
Democracy Ambassadors
What was Democracy Ambassadors? Between April 2018 and March 2019 Young Citizens worked with youth leaders to recruit 1,000...
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…
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…
More KS5 (ages 16-18) resources
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...
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…
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...