Resource

Economic Cycles

Economics frames many of the day-to-day decisions we have to make. Be it about work, leisure, saving or spending, all aspects of our lives are impacted by the economy.

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:

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.

More Lessons resources

Lessons, Community, KS2 (ages 7-11)

Make a Difference in a Day

Drop down day for primary schools The Make a Difference in a Day resource pack has been created for...

Lessons, Digital Citizenship, KS2 (ages 7-11)

Digital Footprints

In this lesson, pupils explore what a digital footprint is. They consider what is and isn’t appropriate to share...

Lessons, Community, KS2 (ages 7-11)

Strong Societies

In this lesson pupils will consider the benefits of living in a society rather than isolation. They will identify roles that are essential to a strong society and reflect on…

More Economics, Money and Managing Resources resources

Lessons, Economics, Money and Managing Resources, KS1 (ages 5-7)

Chicken Soup

In this lesson pupils will read a tale adapted from Jewish folklore that explores the theme of sharing. Pupils will reflect on the behaviour of the characters and consider how…

Lessons, Economics, Money and Managing Resources, KS1 (ages 5-7)

The Golden Statue

In this lesson pupils will read an adapted version of a Buddhist legend that encourages them to reflect on how the generosity with which a gift is given is more…

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 KS4 (ages 14-16) resources

Lessons, Politics and Democracy, KS4 (ages 14-16)

Be Your Own Councillor

Aimed at KS4 or Post-16, by the end of the lesson students will: Understand the role of local government;...

Lessons, Politics and Democracy, KS4 (ages 14-16)

Mock G7 Pack

The Mock G7 Summit Pack 2021 The UK hosted the G7 Summit in June 2021. Young Citizens wants to...

Lessons, Politics and Democracy, KS5 (ages 16-18)

The Government and the Economy

During this lesson students examine the role of national government in relation to taxation and public spending. The lesson...

More KS5 (ages 16-18) resources

Lessons, Politics and Democracy, 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, 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...

Lessons, Understanding Rules & The Law, KS4 (ages 14-16)

Mock Trials Classroom Pack

Running a Mock Trial – Classroom Pack The Mock Trial Competitions are our longest-running active citizenship experiences. Since 1991,...

Related content

Mock Trials

The Mock Trial Competitions are our longest-running active learning experiences. Since 1991, we’ve provided unparalleled exposure to the judicial...

Mock Trials

The Mock Trial Competitions are our longest-running active learning experiences. Since 1991, we’ve provided unparalleled exposure to the judicial...