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, Understanding Rules & The Law, KS4 (ages 14-16)

Sexting and the Law (SmartLaw Subscription)

This lesson explores what the law says in relation to the sending of sexually explicit images by those aged under 18. The lesson examines two scenarios of young people involved…

Lessons, Community, KS1 (ages 5-7)

Who Can Help?

In this lesson pupils will learn about the ‘special’ people who help in their community. They will consider who can help them in different situations and how they can ask…

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

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)

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, 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 Politics and Democracy resources

Politics and Democracy, KS2 (ages 7-11)

Brexit: Part 2 – Negotiations

Through the example of Brexit talks, this lesson introduces pupils to the concept of negotiation and the skills required to succeed in negotiations. Activities are designed to give pupils the…

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...

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...

More KS4 (ages 14-16) resources

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...

Lessons, Sustainability and the Environment, KS4 (ages 14-16)

Biodiversity: Using the Law to Drive Change

During this lesson, students consider what biodiversity is, why it is essential to all life on Earth and what...

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

Politics and Democracy, KS3 (ages 11-14)

Voting and the General Election

This resource pack is the second of a four-part set which has been designed to introduce students to the...

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…

Lessons, Understanding Rules & The Law, KS4 (ages 14-16)

Employment Law (SmartLaw Subscription)

During this lesson students explore the law that applies to young workers and what they can do if they believe their legal rights at work are not being upheld. To…