Resource

COVID and the Economy

Imposing a national lockdown is one of the hardest decisions a government is ever likely to face.

What would you have done in their position? And what role would economy have played in your decision? This free lesson plan thrusts students into the centre of a debate about how to spend government money in a time of crisis.

Overview

During this session, students will critically examine some of the key economic considerations of the pandemic. They will explore the actions the Government has taken to save lives and what impact these are having on the economy.

Working in teams they will explore what impact the pandemic had on a specific industry area. Finally, they will be challenged to evaluate what proportion of a fictitious £10 billion recovery grant should be allocated to their industry area.

By the end of the lesson students will be able to:

  • Describe a range of the key economic decisions made by the Government during the ongoing pandemic and begin to explain the possible reasons behind these decisions;
  • Identify three different ways that the Government has provided support to individuals and businesses over the last 12 months;
  • Analyse the economic impact that the pandemic has had on a specific industry area;
  • Assess what support a specific industry area might require in order to recover.


Acknowledgment:

These teaching and learning resources were developed in partnership with the global firm, FTI Consulting. We are grateful for their support in boosting young people’s awareness of our democracy, and the ways we can work together to strengthen society for everybody.

More Lessons resources

Lessons, Health and Wellbeing, Social Action/Active Citizenship, KS2 (ages 7-11)

The NHS

During this lesson pupils will learn about the founding of the NHS and the guiding principles upon which it was established. Pupils will explore a variety of scenarios in which…

Lessons, Understanding Rules & The Law, KS2 (ages 7-11)

Rules

This lesson explores the purpose and importance of rules and offers suggestions as to how to make and display class ‘Ground Rules’. Learning activities: Where did Humpty Dumpty go wrong?…

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…

More Economics, Money and Managing Resources resources

Lessons, Economics, Money and Managing Resources, KS4 (ages 14-16)

Economic Cycles

This free classroom resource explores what economic cycles are and how they impact our lives. Aimed at KS4 and...

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…

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 Politics and Democracy 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, Community, KS2 (ages 7-11)

COP: Climate Action

In November 2021, COP26 took place in Glasgow. It was the most pivotal climate summit of all time. This resources will explore what COP is and what COP26 aimed to…

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...

More KS4 (ages 14-16) resources

Lessons, Understanding Rules & The Law, KS5 (ages 16-18)

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…

Lessons, Digital Citizenship, KS3 (ages 11-14)

Fake News: The Evolution of Media

In this lesson, students explore how media has changed since the 1900s and the impact this has had on...

Lessons, Economics, Money and Managing Resources, KS3 (ages 11-14)

Consumer Law (SmartLaw Subscription)

This lesson explores the law concerning buying and selling goods and services highlighting what their rights and responsibilities are as a consumer. The lesson gives students the opportunity to practice…

More KS5 (ages 16-18) resources

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, 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, 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.