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

Sexting and the Law

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, Understanding Rules & The Law, KS2 (ages 7-11)

Children’s Rights

In this lesson pupils will learn that there are specific rights for children which are set out in the United Nations Conventions on the Rights of the Child. Pupils will…

Lessons, Community, KS2 (ages 7-11)

My Community

During this lesson pupils consider what we mean by the word community and are challenged to think about all the different community groups they belong to and how it feels…

More Economics, Money and Managing Resources resources

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

Money – Wants and Needs

In this lesson pupils will consider the difference between wants and needs and discuss how our wants and needs can influence how we spend money. Pupils learn that money comes…

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)

Employment Law

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…

More KS4 (ages 14-16) resources

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

Citizenship: a privilege or a right?

Students research what the law says about the rights of individuals to become UK citizens and critically examine whether...

Lessons, Understanding Rules & The Law, KS3 (ages 11-14)

Police Powers

This lesson examines the powers that the police have to stop and search, arrest and detain individuals. Students also have the opportunity to create their own ideal police force considering…

Lessons, Sustainability and the Environment, KS4 (ages 14-16)

Biodiversity: Using the Law to Drive Change

During this lesson, students consider what biodiversity is, why it is essential to all life on Earth and what...

More KS5 (ages 16-18) resources

Lessons, Understanding Rules & The Law, KS5 (ages 16-18)

Housing Law

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, 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...

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…