Overview
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 impact these are having on the economy.
Working in teams they will explore what impact the pandemic had on a specific industry area. Finally, they will be challenged to evaluate what proportion of a fictitious £10 billion recovery grant should be allocated to their industry area.
By the end of the lesson students will be able to:
- Describe a range of the key economic decisions made by the Government during the ongoing pandemic and begin to explain the possible reasons behind these decisions;
- Identify three different ways that the Government has provided support to individuals and businesses over the last 12 months;
- Analyse the economic impact that the pandemic has had on a specific industry area;
- Assess what support a specific industry area might require in order to recover.
Acknowledgment:
These teaching and learning resources were developed in partnership with the global firm, FTI Consulting. We are grateful for their support in boosting young people’s awareness of our democracy, and the ways we can work together to strengthen society for everybody.
More Lessons resources
Conflict: Part 2 – Mediation
In this lesson pupils will discuss the principles of simple mediation strategies and apply these in role play scenarios to explore how people can voice and resolve their differences. The…
Caring for Pets
This lesson starts with a simple story that helps children to explore what responsibilities come with owning a pet. Children then go on to look at what happens when pets…
Who Owns Your Data?
This ready-to-teach double lesson pack is aimed at students in key stages 4 and 5. During the course of...
More Economics, Money and Managing Resources resources
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…
Economic Cycles
This free classroom resource explores what economic cycles are and how they impact our lives. Aimed at KS4 and...
You Decide! (KS3)
This resource will allow students to critically consider what reasons and ways the government can take to support different...
More Politics and Democracy resources
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...
Democracy (Part 3): Why Do We Have Laws?
This lesson forms the final part of a three-part unit on democracy. Pupils learn about democracy and the rule of law. They discover the different roles of parliament, government and…
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
Filter Bubbles: Tell Me What I Want To Hear
A “filter bubble” describes how algorithms limit and skew the information users see on the internet. In this lesson,...
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…
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…
More KS5 (ages 16-18) resources
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...
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…
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…