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Social Studies · All grades

Understanding Business Cycles: The Pulse of the Economy

This five-page economics resource introduces expansion, peak, recession, trough, and recovery.

$4.99USD · Digital download

This five-page economics resource introduces expansion, peak, recession, trough, and recovery. Students analyze GDP growth, unemployment, and inflation using a fictional Northland economy timeline and apply the Phillips Curve concept.

5 pagesof ready-to-use material · PDF
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What you’ll teach

Clear goals. Useful learning.

  • Students will identify and describe the stages of a business cycle.
  • Students will explain how GDP, employment, and inflation change across business-cycle phases.
  • Students will analyze economic data to label business-cycle phases.
  • Students will describe the relationship between unemployment and inflation.