Help children and young people understand where money comes from, how the economy works and why it matters to them.
Money makes the world go round, but very few of us learn about it from an early age.
From government budgets to personal spending, use the free teaching resources below to boost learners' economic and financial literacy.
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Our money
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…
Why Do We Pay Taxes? (Part 1)
During this lesson pupils will learn that public services are largely funded through the payment of taxes to the government. Pupils will learn that taxes are paid on income as…
Why Do We Pay Taxes? (Part 2)
During this lesson pupils will learn that councils are responsible for local spending decisions and can raise additional funds for public services through council taxes. Pupils will survey residents in…
The economy
Economic Cycles
This free classroom resource explores what economic cycles are and how they impact our lives. Aimed at KS4 and...
The Government and the Economy
By the end of the lesson students will: Understand key economic terms including taxation, welfare benefits, public spending and...
Be Your Own Councillor
Students examine ways in which a fictional town council could spend its budget. They consider the concerns of different...
What is Debt?
Students will explore issues around money, personal and sovereign debt and consider the impact government borrowing has on future...
What is Tax?
During this lesson, students will look at the purpose and collection of taxes. They will explore how public services...
How Does the Budget Impact Me and Others?
The resource consists of two activities. The first is a notation task based on the information provided about the...
Government budgets
Put your students in the shoes of MPs and local councillors. For ages 11-18.
Create a Local Council Budget
Students critically consider the needs of a fictitious town and how to spend it’s £250 million budget wisely. Working...
You Decide! (KS3)
This resource will allow students to critically consider what reasons and ways the government can take to support different...
You Decide! (KS4)
This resource will allow students to critically consider what reasons and ways the government can take to support different...
Economics for good
Climate Action: Circular Economies
During this lesson students explore how the economy can be used to support climate action and create a more...
COVID and the Economy
During this session, students will critically examine some of the key economic considerations of the pandemic. They will explore...
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...