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, Politics and Democracy, KS1 (ages 5-7)

Difficult Decisions

Over a series of short sessions, pupils will have the opportunity to consider simple social and moral dilemmas which may arise in day to day life. Pupils will be encouraged…

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

What Are Human Rights?

In this lesson pupils will explore what human rights are. They will examine individual human rights and discuss why they are of primary importance to all people and society. Pupils…

Lessons, Diversity and Inclusion, KS4 (ages 14-16)

Migration of People

To help you engage your students in the topic of migration Young Citizens have developed a flexible teaching resource...

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, Economics, Money and Managing Resources, Social action/Active Citizenship, KS2 (ages 7-11)

What is Philanthropy?

In this lesson pupils will learn about the meaning of the word philanthropy through looking at real life examples. They will consider why philanthropy is important and what motivates philanthropists.…

More KS4 (ages 14-16) resources

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

Democracy Ambassadors

Democracy Ambassadors Activity Pack Containing nearly 20 activities to use with groups of young people in school, youth clubs,...

Lessons, Digital Citizenship, KS3 (ages 11-14)

Filter Bubbles: Tell Me What I Want To Hear

A “filter bubble” describes how algorithms limit and skew the information users see on the internet. In this lesson,...

More KS5 (ages 16-18) resources

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

Ethics, Innovation and the Law

Aimed at KS4 and Post-16, your students will: Explore the way technology is developing and the impacts this has on them and society Learn about the laws that regulate the…

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

An Introduction to Human Rights

In this lesson students will explore our rights and responsibilities and how they are protected in law. They are...