1. Economics: Interest rates
Keystage: KS4
Subject: Economics
Resource type: Lesson
Skills: Aiming High
Click to download the resource (updated 15 January 2025)
To Invest, or Not?: In this activity, students are tasked with considering the pros and cons of borrowing, saving and investment when interest rate rise, in the context of a Head of Finance at a council deciding on whether to apply for a loan after the Bank of England announced a rise in interest rate.
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Curriculum Table
| England: The national curriculum (England) | The role of money and financial markets Students must know and understand the different rates of interest in an economy and their impact on saving, borrowing and investment. |
| Scotland: The National 5 Economics | Personal economics Money choices – to spend, to save and to borrow; types of savings and interest rates. |
| Wales: WJEC | Currently, there is no WJEC GCSE economics qualification available. WJEC only provides Economics at A-Level. |
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