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, Understanding Rules & The Law, KS2 (ages 7-11)
Discrimination
In this lesson pupils will develop their understanding of the term ‘discrimination’. Pupils will consider what makes them unique and learn which characteristics are protected under the Equality Act. Pupils…
Lessons, Understanding Rules & The Law, KS2 (ages 7-11)
Conflicting Rights
In this lesson pupils will revisit their knowledge of human rights to consider situations in which people’s rights may appear in conflict with one another. Pupils will debate how they…
Lessons, Diversity and Inclusion, KS2 (ages 7-11)
Identities
In this lesson pupils will develop an understanding of what is meant by the term ‘identity.’ They will explore their own sense of identity and share this with others, appreciating…
More Economics, Money and Managing Resources resources
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)
You Decide! (KS4)
This resource will allow students to critically consider what reasons and ways the government can take to support different...
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, Understanding Rules & The Law, KS4 (ages 14-16)
An Introduction to Discrimination Law (SmartLaw Subscription)
This lesson looks at the history of anti-discrimination law, the different types of discrimination (i.e. direct and indirect discrimination) and how the law deals with discrimination. It can be delivered…
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, 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…
More KS5 (ages 16-18) resources
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...
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, 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…