Resource

COVID and the Economy

Imposing a national lockdown is one of the hardest decisions a government is ever likely to face.

What would you have done in their position? And what role would economy have played in your decision? This free lesson plan thrusts students into the centre of a debate about how to spend government money in a time of crisis.

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

Lessons, Digital Citizenship, KS3 (ages 11-14)

What is a Digital Citizen?

In the delivery of this resource your students will explore what is meant by the term ‘digital citizen’. They...

Lessons, Social Action/Active Citizenship, KS1 (ages 5-7)

The Power of Giving

In this lesson pupils will read a tale from Japanese folklore which tells of how one small act of generosity leads to big gains. They will think about whether generous…

Lessons, Sustainability and the Environment, KS2 (ages 7-11)

The Value of Trees

This lesson is one of a collection which examine environmental issues.  In this lesson pupils will learn about the role trees play in supporting life on Earth and their importance…

More Economics, Money and Managing Resources resources

Lessons, Economics, Money and Managing Resources, KS3 (ages 11-14)

What is Debt?

Students will explore issues around money, personal and sovereign debt and consider the impact government borrowing has on future...

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, 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 Politics and Democracy resources

Lessons, Politics and Democracy, KS2 (ages 7-11)

Democracy (Part 1): What is a General Election?

This lesson forms the first part of a three-part unit on Democracy.  Pupils explore the meaning of ‘democracy’, and the ways in which citizens can participate in democratic life in…

Lessons, Economics, Money and Managing Resources, KS3 (ages 11-14)

The Economy Quiz

In this short, 15 minute activity students use all they have learnt from earlier lessons to complete a quiz...

Lessons, Economics, Money and Managing Resources, KS3 (ages 11-14)

What is Debt?

Students will explore issues around money, personal and sovereign debt and consider the impact government borrowing has on future...

More KS4 (ages 14-16) 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, Politics and Democracy, KS4 (ages 14-16)

Citizenship: a privilege or a right?

Students research what the law says about the rights of individuals to become UK citizens and critically examine whether...

Lessons, Politics and Democracy, KS3 (ages 11-14)

What is Democracy?

This resource pack is the first of a four-part set which has been designed to introduce students to the...

More KS5 (ages 16-18) resources

Lessons, Understanding Rules & The Law, KS4 (ages 14-16)

Mock Trials Classroom Pack

The Mock Trial Competitions are our longest-running active citizenship experiences. Since 1991, we have provided unparalleled exposure to the...

Lessons, Understanding Rules & The Law, KS4 (ages 14-16)

The Big Legal Lesson 2025 (ages 11-18+)

Join the UK's biggest legal education campaign during February 2025.

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...