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)
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…
Lessons, Diversity and Inclusion, KS1 (ages 5-7)
Getting to Know You
In this lesson pupils will share their likes and dislikes as well as what makes them special. Activities provide lots of opportunities for pupils to learn about their classmates and…
Lessons, Understanding Rules & The Law, KS3 (ages 11-14)
Social Media and the Law (KS3) (SmartLaw Subscription)
Students explore the law in relation to social media posts, the types of offences that people are committing (whether knowingly or not) and the consequences of committing these offences. The…
More Economics, Money and Managing Resources resources
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...
Lessons, Economics, Money and Managing Resources, KS2 (ages 7-11)
Why Do We Pay Taxes? (Part 2)
Pupils will learn that councils are responsible for local spending decisions and can raise additional funds for public services through council taxes. To access this content, register for our School…
Lessons, Economics, Money and Managing Resources, KS4 (ages 14-16)
Be Your Own Councillor
Students examine ways in which a fictional town council could spend its budget. They consider the concerns of different...
More KS4 (ages 14-16) resources
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, Politics and Democracy, KS3 (ages 11-14)
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...
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...
More KS5 (ages 16-18) resources
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...
Lessons, Economics, Money and Managing Resources, KS4 (ages 14-16)
Climate Action: Circular Economies
During this lesson students explore how the economy can be used to support climate action and create a more...
Lessons, Economics, Money and Managing Resources, KS4 (ages 14-16)
Be Your Own Councillor
Students examine ways in which a fictional town council could spend its budget. They consider the concerns of different...
More resource packs
Related content
Democracy resources for ages 11-18
Political resources for secondary and post –16 students.