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, Sustainability and the Environment, KS2 (ages 7-11)
World Female Ranger Day (KS2)
During this lesson children will learn about World Female Ranger Day. Pupils will explore where the continent of Africa is and learn about its unique wildlife, and why it needs…
Lessons, Social Action/Active Citizenship, KS2 (ages 7-11)
Making a Difference From Home
Our packs support KS2 and KS3 pupils to plan and deliver their very own mini social action project. By...
Lessons, Economics, Money and Managing Resources, KS1 (ages 5-7)
Money – Wants and Needs
Pupils will consider the difference between wants and needs and discuss how our wants and needs can influence how we spend money. To access this content, register for our School…
More Economics, Money and Managing Resources resources
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...
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, 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...
More KS4 (ages 14-16) resources
Lessons, Understanding Rules & The Law, KS3 (ages 11-14)
Law in Wales
Did you know that the age of criminal responsibility in Wales is ten? In Scotland it is 12. In...
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, Understanding Rules & The Law, KS3 (ages 11-14)
Sentencing Myths (SmartLaw Subscription)
This short activity challenges young people’s perceptions of current sentencing guidelines. It can be run as a standalone activity or as an extension activity as part of a mock trial…
More KS5 (ages 16-18) resources
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, 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...
Lessons, Digital Citizenship, KS3 (ages 11-14)
What is Media Bias?
During this lesson students explore what bias within the media is and how it differs from fake news. They...