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, Diversity and Inclusion, KS1 (ages 5-7)
The Two Brothers
In this lesson pupils will read a tale adapted from Egyptian legend which tells of the love and care which two brothers showed for each other. In discussion, pupils will…
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...
More Economics, Money and Managing Resources resources
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…
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, KS1 (ages 5-7)
Money – Wants and Needs
Pupils will consider the difference between wants and needs and discuss how our wants and needs can influence how we spend money. To access this content, register for our School…
More KS4 (ages 14-16) resources
Lessons, Politics and Democracy, KS4 (ages 14-16)
Mock Parliament Debate
Aimed at students in KS4 and 5 (13-18 year olds) the pack is designed to be delivered over a...
Lessons, Understanding Rules & The Law, KS3 (ages 11-14)
Law Makers (SmartLaw Subscription)
In this lesson students examine what the rule of law is and why we need it. They consider how and why laws are made in the UK and what the…
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 KS5 (ages 16-18) 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, Politics and Democracy, KS3 (ages 11-14)
Local and Central Government
This resource pack is the third of a four-part set which has been designed to introduce students to the...
Lessons, Understanding Rules & The Law, KS4 (ages 14-16)
Social Media and the Law (KS4) (SmartLaw Subscription)
Students explore the law in relation to social media posts, the types of offences that people are committing (whether knowingly or not) and the consequences of these offences. Finally, students…