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, Diversity and Inclusion, KS2 (ages 7-11)
Conflict: Part 1 – Reacting to Conflict
In this lesson pupils will take part in discussions relating to situations of conflict. Pupils will consider actions which provoke conflict and actions which can help to calm conflict. They…
Lessons, Understanding Rules & The Law, KS3 (ages 11-14)
Youth Justice (SmartLaw Subscription)
During this lesson, students will explore the process a young person goes through when they commit, or are suspected of committing a crime. They will also examine different types of…
Lessons, Understanding Rules & The Law, KS2 (ages 7-11)
Rights and Responsibilities
In this lesson pupils will develop an understanding of the terms ‘rights’ and ‘responsibilities’ and how they balance one another. They will then discuss and prepare a class charter that…
More Economics, Money and Managing Resources resources
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, 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, 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...
More KS4 (ages 14-16) resources
Politics and Democracy, KS3 (ages 11-14)
Voting and the General Election
This resource pack is the second of a four-part set which has been designed to introduce students to the...
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…
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...
More KS5 (ages 16-18) resources
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...
Lessons, Understanding Rules & The Law, KS3 (ages 11-14)
Your Legal Rights and Responsibilities (SmartLaw Subscription)
This lesson introduces students to the concepts of their legal rights and responsibilities and explores how the law impacts their daily lives. Students explore the different ages that various laws…
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...