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Core (KS4)

KS3 & KS4 citizenship curriculum

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Citizenship
Year 10

How does the economy work?

6 lessons

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  • Finance and the economy

Description

Pupils learn what the economy is, what taxes are and consider local and central government spending and risk management.

This unit builds on prior learning around personal finance and managing money through looking at basic economic concepts and principles. Pupils examines how the UK Government manages its finances and the impact on citizens and public services. By the end, pupils will understand the balance between economic decisions, taxation, and public service provision in the UK.

  1. Is UK Government action led by the economy?
  2. How does the Government get its money?
  3. Why should we pay tax?
  4. How does the Government spend its money?
  5. What are the financial challenges facing local government?
  6. Should public services be privatised?
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