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, Economics, Money and Managing Resources, KS3 (ages 11-14)
You Decide! (KS3)
This resource will allow students to critically consider what reasons and ways the government can take to support different...
Lessons, Diversity and Inclusion, KS1 (ages 5-7)
Design an Inclusive Playground
In this lesson pupils will consider the varying needs and interests of the Go-Giver characters and design a playground that matches these requirements. They will work in groups to present…
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 School…
Lessons, Economics, Money and Managing Resources, KS4 (ages 14-16)
Economic Cycles
This free classroom resource explores what economic cycles are and how they impact our lives. Aimed at KS4 and...
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…
More KS4 (ages 14-16) resources
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…
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...
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...
More KS5 (ages 16-18) resources
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...
Lessons, Understanding Rules & The Law, KS4 (ages 14-16)
Sexting and the Law (SmartLaw Subscription)
This lesson explores what the law says in relation to the sending of sexually explicit images by those aged under 18. The lesson examines two scenarios of young people involved…
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...