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, Understanding Rules & The Law, KS1 (ages 5-7)

Why Do We Have Rules?

In this lesson pupils will think about the purpose of rules by reflecting on what life might be like without them. Pupils will discuss different types of rules in the…

Lessons, Understanding Rules & The Law, KS3 (ages 11-14)

Learning About the Law (SmartLaw Subscription)

This lesson gives students an introduction to the legal system in the UK. During the lesson students will examine the roles of the various professionals involved in the law and…

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

Conflicting Rights

In this lesson pupils will revisit their knowledge of human rights to consider situations in which people’s rights may appear in conflict with one another. Pupils will debate how they…

More Economics, Money and Managing Resources resources

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…

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 the budget; Assess the impact of changes to taxation and welfare…

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

Create a Local Council Budget

Students critically consider the needs of a fictitious town and how to spend it’s £250 million budget wisely. Working in teams, students evaluate the local needs and priorities of the…

More KS4 (ages 14-16) 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 the actions the Government has taken to save lives and what…

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, Politics and Democracy, KS3 (ages 11-14)

What is Democracy?

This resource pack is the first of a four-part set which has been designed to introduce students to the concept of democracy. Each of the packs can be delivered independently…

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)

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…

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…