Resource

Economic Cycles

Economics frames many of the day-to-day decisions we have to make. Be it about work, leisure, saving or spending, all aspects of our lives are impacted by the economy.

 

Photo Credit: Anna Dziubinska / Unsplash

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…

To access this content, register for our Secondary School Subscription.

More Lessons resources

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

Climate Action: Using the Law to Drive Change

In 2021, COP26 was hosted in Glasgow. It was seen as a pivotal moment in tackling the global climate crisis. Help your students understand the impact the COP26 had and…

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 been largely kept out of public conversations about it and our…

Lessons, Community, KS2 (ages 7-11)

Make a Difference in a Day

The Make a Difference in a Day resource pack has been created for teachers who want to deliver a drop down day with children focusing on making a difference to…

More Economics, Money and Managing Resources 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 residents and analyse how the budget could be spent most effectively.…

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

The Economy Quiz

In this short, 15 minute activity students use all they have learnt from earlier lessons to complete a quiz all about the economy. Before delivering this activity, students will need…

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…

More KS4 (ages 14-16) resources

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…

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 is causing its loss. They examine who has responsibility for minimising…

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 sustainable society. Students examine the difference between linear and circular economies…

More KS5 (ages 16-18) 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, 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 industries and the impact this would have on the economy and…

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...

Related content

Democracy resources for ages 11-18

Political resources for secondary and post –16 students.