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, KS2 (ages 7-11)
Relationships and the Law
During this lesson pupils explore the concept of marriage and civil partnerships focusing on the fact that they are a legal commitment between two people and what this means. Pupils…
Lessons, Understanding Rules & The Law, KS3 (ages 11-14)
Your Legal Rights and Responsibilities (SmartLaw Subscription)
This lesson introduces students to the concepts of their legal rights and responsibilities and explores how the law impacts their daily lives. Students explore the different ages that various laws…
Lessons, Diversity and Inclusion, KS1 (ages 5-7)
The Two Brothers
In this lesson pupils will read a tale adapted from Egyptian legend which tells of the love and care which two brothers showed for each other. In discussion, pupils will…
More Economics, Money and Managing Resources resources
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…
Lessons, Politics and Democracy, KS3 (ages 11-14)
Local and Central Government
This resource pack is the third of a four-part set which has been designed to introduce students to the...
Lessons, Economics, Money and Managing Resources, KS3 (ages 11-14)
How Does the Budget Impact Me and Others?
The resource consists of two activities. The first is a notation task based on the information provided about the...
More KS4 (ages 14-16) resources
Lessons, Understanding Rules & The Law, KS4 (ages 14-16)
An Introduction to Discrimination Law (SmartLaw Subscription)
This lesson looks at the history of anti-discrimination law, the different types of discrimination (i.e. direct and indirect discrimination) and how the law deals with discrimination. It can be delivered…
Lessons, Understanding Rules & The Law, KS4 (ages 14-16)
The Big Legal Lesson 2026 (ages 11-18+)
Join the UK's biggest legal education campaign during February 2025.
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, Economics, Money and Managing Resources, KS4 (ages 14-16)
COVID and the Economy
During this session, students will critically examine some of the key economic considerations of the pandemic. They will explore...
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...
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…