Skip navigation

How does the local economy affect our lives? Lesson 1 of 6

Key stage 3 (ages 11-14) • Finance & The Economy • Lesson and support materials

How does the local economy affect our lives?

This lesson is part 1 of a sequence of 6 lessons addressing the key enquiry: Why is the local economy important to society?

To begin their investigation of the importance of the local economy to society, students are introduced to the local economy, its value, and its impact on communities. Through analysing scenarios and discussing statistics, they explore what influences the local economy and, in turn, how the local economy affects their lives.

Students will work towards answering the following questions:
  1. What is the local economy?
  2. What has the local economy got to do with me?
  3. What impacts the local economy?
Return to the scheme of work overview

To access this lesson content you need to be a School and College Member. Read more about our model core curriculum offer and start saving time, effort and money with our complete range of quality-assured resources for every year group, plus unlimited access to online CPD sessions for your entire teaching team.