
Overview
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
Exploring Our Community
In this lesson pupils will research what is meant by the word ‘community’. Pupils will think about who lives in their area and what services and facilities there are for…
Understanding Cancer
Many children in classrooms all around the country are dealing with cancer in one way or another at any given time. This lesson seeks to answer some of their questions…
What is Democracy?
This resource pack is the first of a four-part set which has been designed to introduce students to the...
More Economics, Money and Managing Resources resources
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…
You Decide! (KS4)
This resource will allow students to critically consider what reasons and ways the government can take to support different...
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...
More KS4 (ages 14-16) resources
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...
Climate Action: Circular Economies
During this lesson students explore how the economy can be used to support climate action and create a more...
Bar Mock Trial Competition – Support Videos
Preparing for the Bar Mock Trial Competition? Watch these video explainers, demonstrations and expert tips on key aspects of criminal trials. To access this content, register for our Bar Mock…
More KS5 (ages 16-18) resources
Be Your Own Councillor
Students examine ways in which a fictional town council could spend its budget. They consider the concerns of different...
Climate Action: Circular Economies
During this lesson students explore how the economy can be used to support climate action and create a more...
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…