ICSE Class 10 Economics Syllabus

ICSE Class 10 Economics Syllabus is available here for students. They can go through the ICSE Class 10 Economics Syllabus right at the beginning of the academic session and plan their studies accordingly. Referring to the syllabus will give a good understanding of the topics, paper pattern and assessment topics. Also, the Class 10 ICSE Syllabus for Economics will work as a study guide while preparing for the Economics exam. Students can download the ICSE Class 10 Syllabus for Economics in PDF format 2023-24 from the link below.

ICSE Class 10 Economics Syllabus PDF for the Year 2023-24 – Download the Latest PDF

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We have provided the exam pattern for the Economics subject. Knowing the paper pattern will provide a comprehensive understanding of the subject and help students in preparing well for the board exam.

ICSE Class 10 Economics Paper Pattern 2023-2024

ICSE Class 10 students will have one paper on the Economics subject for 2 hours of duration.

  1. Theory Paper – 80 Marks
  2. Internal Assessment – 20 Marks

The theory paper is divided into two sections A and B, as shown in the table below.

Paper Topics
Section A Consist of questions requiring short answers and will cover the entire syllabus. There will be no choice of questions.
Section B Consist of questions which will require detailed answers. There will be a choice and candidates will be required to answer four questions from this section.

Latest ICSE Class 10 Economics Syllabus for the Year 2024

1. The Productive Mechanism

Factors of production: Land, labour, capital and entrepreneur: their impact on the production structure in an economy.

2. Theory of Demand and Supply

(i) Meaning and concept of Demand and Supply.

Law of demand and supply: demand and supply schedule and curve (both individual and market); movement and shift of the demand and supply curve; determinants of demand and supply; exceptions to the law of demand.

(ii) Elasticity of demand and elasticity of supply: meaning, types, percentage method of measuring elasticity of demand and elasticity of supply, factors affecting elasticity of demand and supply.

3. Market

Meaning and types.

4. Banking in India

(i) Money

(ii) Commercial banks: Meaning and functions.

(iii) Central Bank

(iv) Monetary Policy of the Central Bank

(v) Demonetisation

(vi) Public Finance

(a) Meaning of Public Finance
(b) Sources of Public Revenue

  • Tax Revenue
  • Non-tax revenue

(c) Public Expenditure

(d) Public Debt

5. Inflation

(i) Inflation, Wholesale Price Index (WPI), Consumer Price Index (CPI), Food Basket.

(ii) Stages of Inflation

(iii) Types of Inflation: Cost push inflation and demand- pull inflation

6. Consumer Awareness

(i) Consumer Exploitation and Consumer awareness

(ii) Consumer Rights & Duties

(iii) Food adulteration.

(iv) Technical and Administrative measures for Consumer Protection:

ICSE Class 10 Economics Internal Assessment

The minimum number of assignments:

One project/assignment as prescribed by the teacher from the syllabus.

Suggested Assignments:

  1. A visit to a local industrial unit and analyse the combination of the factors of production being used in the production process.
  2. Survey 15 people from your neighbourhood about the type of taxes they pay. From your survey, conclude which type of tax is easier to pay and why.
  3. Visit a nearby store. Select five items of regular consumption. Study the following: the impact of GST on these five products; how this has impacted the demand for these products; how it has benefitted the producer, consumer and the government.

We have also compiled the syllabus of all subjects at a single place. Students can access them easily by visiting the ICSE Class 10 Syllabus page. Download BYJU’S – The Learning App, and fall in love with learning.


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