
Overview
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 the different stages of economic cycles can have on individuals in a range of circumstances.
Acknowledgements:

More Lessons resources
Why Do We Wash Our Hands?
In this lesson pupils will learn that washing their hands can help to prevent the spread of germs which cause illnesses. Pupils will experiment with hand washing techniques before being…
What is Media Bias?
During this lesson students explore what bias within the media is and how it differs from fake news. They...
The Selfish Little Red Hen
In this lesson pupils will read and discuss the tale of the Selfish Little Red Hen who does not offer her friend any help as she prepares for a party.…
More Economics, Money and Managing Resources resources
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 School…
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…
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...
More KS4 (ages 14-16) resources
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…
Local and Central Government
This resource pack is the third of a four-part set which has been designed to introduce students to the...
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…
More KS5 (ages 16-18) resources
Who Owns Your Data?
This ready-to-teach double lesson pack is aimed at students in key stages 4 and 5. During the course of...
Be Your Own Councillor
Students examine ways in which a fictional town council could spend its budget. They consider the concerns of different...
The Big Legal Lesson 2025 (ages 11-18+)
Join the UK's biggest legal education campaign during February 2025.