Economic ideas - 7 form time activities
14 Resources available for download in this module
Trade, money, tax and financial terms are all tackled in this series of form time and tutor group activities on economic ideas. Links to the PSHE economic wellbeing programme of study for key stage 3.
Below are the lessons in this topic. Click ‘View these lessons’ to download resources
Economic Ideas Activities
Deliver financial education to key stage 3 and 4 students with this series of 7 activities. Each lesson looks at a specific topic so they can be tackled individually in form periods or tutor time.
Activity 1 – Trade
In the first session, students learn about the history of trade and its’ benefits. Students work in groups to trade with each other.
Activity 2 – The History of Money
Following on from the trader activity, pupils see how currency has developed over time. They then develop their own idea for a new coin for the UK.
Activity 3 – Pay and Tax
In this activity, students will learn more about money, taxes and how tax will affect what they earn when they leave school, college or university.
Activity 4 – Income Tax
Students are given the opportunity to learn about payslips, including learning about income tax, national insurance and tax codes.
Activity 5 – Import and Export
In this activity, we introduce the concept of import and export. Students study a news report and answer questions relating to it.
Activity 6 – The History of Trade?
Still with a focus on import and export, this lesson looks at global trade. Students learn about the different countries that have been involved with trading to and from the UK.
Activity 7 – The Language of Money
In this summary activity, students learn about the meaning of money related sayings. They then complete the module by preparing their own money related proverb.