This classroom resource was developed in partnership with global business advisory firm FTI Consulting. Their support enabled this specialist resource to be distributed to schools for free.
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 the different stages of economic cycles can have on individuals in a range of circumstances.
Acknowledgements:
More Lessons resources
Lessons, Politics and Democracy, KS2 (ages 7-11)
Democracy (Part 1): What is a General Election?
This lesson forms the first part of a three-part unit on Democracy. Pupils explore the meaning of ‘democracy’, and the ways in which citizens can participate in democratic life in…
Lessons, Social Action/Active Citizenship, KS2 (ages 7-11)
Being Part of a School Community
During this lesson pupils recap what we mean by the term active citizen. They consider what qualities and skills an active citizen should have and explore how these skills and…
More Economics, Money and Managing Resources resources
Lessons, Understanding Rules & The Law, KS5 (ages 16-18)
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…
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, Economics, Money and Managing Resources, KS3 (ages 11-14)
What is Tax?
During this lesson, students will look at the purpose and collection of taxes. They will explore how public services...
More KS4 (ages 14-16) resources
Lessons, Politics and Democracy, KS3 (ages 11-14)
What is a Political Party?
This resource pack is the fourth of a four-part set which has been designed to introduce students to the...
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…
Understanding Rules & The Law, KS3 (ages 11-14)
Sentencing Guidelines (SmartLaw Subscription)
This lesson asks students to consider the key findings of a harassment trial and conclude what sentence should be given to the guilty party. During the course of the lesson…
More KS5 (ages 16-18) 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...
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...
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...
More resource packs
Related content
Democracy resources for ages 11-18
Political resources for secondary and post –16 students.