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, Health and Wellbeing, KS1 (ages 5-7)

Resilience: Bouncing Back

This lesson helps children to develop resilience and consider how to respond to challenges in a positive way. The Go-Givers characters share their experiences of difficult situations and how they…

Lessons, Community, KS2 (ages 7-11)

Understanding Cancer

Many children in classrooms all around the country are dealing with cancer in one way or another at any given time. This lesson seeks to answer some of their questions…

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

The Big Legal Lesson 2026 (ages 5-11)

Join the UK’s biggest legal education campaign during February 2026. To access this content, register for our Primary School Subscription.

More Economics, Money and Managing Resources resources

Lessons, Economics, Money and Managing Resources, KS2 (ages 7-11)

Why Do We Pay Taxes? (Part 2)

Pupils will learn that councils are responsible for local spending decisions and can raise additional funds for public services through council taxes. To access this content, register for our Primary…

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, 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 Budget and welfare benefits. The second task provides an opportunity for…

More KS4 (ages 14-16) resources

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)

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, Politics and Democracy, KS4 (ages 14-16)

Citizenship: a privilege or a right?

Students research what the law says about the rights of individuals to become UK citizens and critically examine whether there are any circumstances where it is legally or ethically appropriate…

More KS5 (ages 16-18) resources

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 consider the impact bias can have on individuals and society 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, 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…

Related content

Democracy resources for ages 11-18

Political resources for secondary and post –16 students.