ICSE Class 10 Economics Syllabus 2025-26 Chapter-Wise PDF

ICSE Class 10 Economics Exam Pattern

Understanding the ICSE Class 10 Economics syllabus , marking system, and paper pattern is crucial for effective exam preparation.PW offers insights into the Economics exam paper pattern for the academic year, providing students with a clear understanding of the subject's foundational concepts.

The Economics exam is divided into two papers, Theory and Practicals, with 100 marks. Evaluation is based on the combined performance of both papers.

Theory Paper:

• Total Marks: 80
• Duration: 2 hours

• Section 1: Objectives and short answer questions (40 marks)
  • This section includes compulsory questions that students must attempt.
• Section 2: Brief and long answer questions (40 marks)
  • Students can choose four questions from six, each with a maximum of 10 marks.
• • Questions in this section may require students to provide reasons, write short notes, distinguish between concepts, and offer explanations.

Practical Paper (Internal Assessment):

• Total Marks: 20
• Part B of the Economics paper involves practicals based on theoretical concepts from the ICSE Class 10 Economics syllabus .
• Students must perform these practicals as part of their assessment.

This comprehensive understanding of the exam structure empowers students to tailor their theoretical and practical preparation strategies, ensuring a well-rounded approach to mastering Economics.

ICSE Class 10 Economics Internal Assessment

ICSE Class 10 Economics Internal Assessment is a vital component of the evaluation process. Students are required to undertake one project or assignment as directed by their teacher. The suggested assignments aim to bridge the gap between theoretical concepts and their practical applications:

1) Visiting a Local Industrial Unit:

• Objective: Analyzing the factors of production employed in the production process.
• This assignment encourages students to gain first hand insights into the economic aspects of local industrial units.

2) Surveying People about Taxes:

• Objective: Understanding the types of taxes paid by individuals.
• Students conduct surveys to gather information on the tax landscape, fostering an understanding of the economic implications on individuals.

3) Impact of GST on Consumer Products:

• Objective: Examining the impact of Goods and Services Tax (GST) on five consumer products.
• This assignment delves into the practical implications of GST, providing students with a real-world perspective.

These assignments are designed to offer practical insights, enabling students to connect economic theories with their practical implications in various scenarios.

ICSE Class 10 Economics Evaluation

• Evaluation involves the subject teacher and an external examiner, who may be from the school faculty but not teaching the subject to the class.
• Examiners assess the assignments independently, each with a maximum of 10 marks.
• The total marks out of 20 are then submitted to the Council by the Head of the School through the online portal, ensuring a timely and accurate assessment process.

How Does the ICSE Economics Syllabus for Class 10 Help Students Prepare Effectively?

The ICSE Economics Syllabus for Class 10 is structured to aid students in effective preparation by offering a comprehensive understanding of economic principles and concepts. Here's how the syllabus contributes to students' preparation:

1) In-Depth Coverage of Economic Concepts:

The syllabus covers fundamental economic concepts, such as factors of production, demand and supply, market structures, banking, inflation, and more. Detailed exploration of each topic ensures a thorough understanding, allowing students to grasp the intricacies of economic theories.

2) Real-World Applications:

The syllabus incorporates topics like consumer awareness, banking, inflation, and public finance, providing insights into their real-world applications. Understanding how economic principles operate in practical scenarios enhances students' ability to analyze and interpret economic situations.

3) Project-Based Internal Assessment:

The internal assessment component involves practical projects and assignments based on real-world economic scenarios. Engaging in projects, such as analyzing factors of production in a local industrial unit or assessing the impact of GST, allows students to apply theoretical knowledge in practical contexts.

4) Focus on Contemporary Issues:

The syllabus addresses contemporary economic issues, such as demonetization, public debt, and consumer rights. Examining current economic challenges helps students relate theoretical concepts to ongoing economic developments.

5) Structured Exam Pattern:

The exam pattern is well-defined with a theory paper and internal assessment, providing a clear roadmap for students. Objectives, short answer questions, and long answer questions in the theory paper allow students to showcase their understanding at different levels.

6) Updated Content for Relevance:

The syllabus is regularly updated to ensure relevance to current economic dynamics. Updated content reflects the evolving economic landscape, enabling students to stay informed about recent economic trends.

7) Online Resources for Revision:

Students can access online platforms, like Physics Wallah, to find additional resources, practice papers, and interactive content for effective revision.

The ICSE Economics Syllabus for Class 10 is designed to provide a holistic and practical learning experience, equipping students with the knowledge and skills needed for effective preparation and application of economic principles.