Archived unit: Year 5 Economic wellbeing
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This unit has now been replaced by the Year 5 unit Economic wellbeing and will be unavailable from August 2024. This unit is no longer being updated.
Unit outcomes
Pupils who are secure will be able to:
- Understand that borrowing money is a way to pay for something but this has to be repaid.
- Understand what income and expenditure are and how these can be recorded.
- Understand that there are risks associated with money and what some of these are.
- Understand how to create a weekly budget, including prioritising needs over wants.
- Understand that stereotypes can exist in the workplace and how these can affect people.
Suggested prior learning
Archived unit: Y4 Economic wellbeing
Get startedLessons
Lesson 1: Borrowing
Lesson 2: Income and expenditure
Lesson 3: Risks with money
Lesson 4: Prioritising spending
Lesson 5: Stereotypes in the workplace
Key skills
- Discussing risks associated with
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Key knowledge
- To know that when
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Key vocabulary
Discrimination
Expenditure
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Unit resources
Assessment – RSE & PSHE Y5: Economic wellbeing
Assessment resources for this unit. Use
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Knowledge organiser
Aimed at pupils, a single page
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Subject resources
RSE & PSHE long-term plans
A suggested order for teaching RSE
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Equipment list
Required equipment for Kapow Primary RSE
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Curriculum planning | Knowledge and skills progression
Progression document showing how skills and
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Unit vocabulary
Vocabulary progression document that outlines the
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Assessment
Spreadsheet to record teacher assessments against
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Mapping resources for RSE and PSHE
How Kapow Primary's RSE and PSHE
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Cross-curricular opportunities
Mathematics
Measurement
Pupils should be taught to:
- use all four operations to solve problems involving measure [for example, length, mass, volume, money] using decimal notation, including scaling.