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, Understanding Rules & The Law, KS3 (ages 11-14)
Law Makers (SmartLaw Subscription)
In this lesson students examine what the rule of law is and why we need it. They consider how and why laws are made in the UK and what the…
Lessons, Diversity and Inclusion, KS2 (ages 7-11)
Challenging Stereotypes
This lesson is divided into two parts. In the first section of the lesson pupils will develop an understanding of the term ‘stereotype’, identify examples of stereotypical opinions and discuss…
More Economics, Money and Managing Resources resources
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...
Classroom Toolkits, Politics and Democracy, KS1 (ages 5-7)
Controversial issues: guidance for schools
Children are alert to information and images they see in the media. These may graphically influence their view of the world, and not always positively. Graphic images on TV and…
Sustainability and the Environment, KS2 (ages 7-11)
How Should We Farm?
In this lesson pupils will learn about different farming methods. They will consider the advantages and disadvantages of these methods and learn how to identify labels that indicate how food…
More KS4 (ages 14-16) resources
Lessons, Understanding Rules & The Law, KS3 (ages 11-14)
Police Powers (SmartLaw Subscription)
This lesson examines the powers that the police have to stop and search, arrest and detain individuals. Students also have the opportunity to create their own ideal police force considering…
Lessons, Politics and Democracy, KS4 (ages 14-16)
Mock Parliament Debate
Aimed at students in KS4 and 5 (13-18 year olds) the pack is designed to be delivered over a...
KS3 (ages 11-14)
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
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, Economics, Money and Managing Resources, KS5 (ages 16-18)
The Government and the Economy
By the end of the lesson students will: Understand key economic terms including taxation, welfare benefits, public spending and...
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...