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ICSE Class 10 Economics Syllabus 2026-27 - Download Chapter-Wise Topics, Exam Pattern and PDF

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Council for the Indian School Certificate Examinations (CISCE) has published ICSE Class 10 Economics Syllabus 2026-27, with the exam pattern and the topics for each subject. Download the official syllabus from the official website (cisce.org).

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Name of postICSE Class 10 Economics Syllabus 2026-27 - Download Chapter-Wise Topics, Exam Pattern and PDF
OrganisationCouncil for the Indian School Certificate Examinations (CISCE)
Job locationAll India
Posted on22 Oct 2026
Last updated22 Oct 2026

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ICSE Class 10 Economics Syllabus 2026-27 PDF Download

DescriptionOfficial Link
ICSE Class 10 Economics Syllabus 2027Find Examination Year 2027 Syllabus
Economics Syllabus Reference for Examination Year 2028View 2028 Economics PDF
  • CISCE provides subject-wise syllabus documents through its official website. Students should choose Economics (64) for the ICSE Examination Year 2027.

ICSE Class 10 Economics Syllabus 2026-27 Chapter-Wise

UnitChapter NameMajor Topics
1The Productive MechanismLand, Labour, Capital, Entrepreneur and Factors of Production
2Theory of Demand and SupplyDemand, Supply, Curves, Laws, Elasticity and Determinants
3MarketPerfect Competition, Monopoly, Monopolistic Competition and Oligopoly
4Banking in IndiaMoney, Commercial Banks, Central Bank, Monetary Policy and Public Finance
5InflationStages, Types, Causes and Effects of Inflation
6Consumer AwarenessConsumer Rights, Consumer Protection, RTI, PDS and Quality Certification
  • The Economics syllabus for the ICSE Class 10 examination covers six major units. Each unit contains several concepts and subtopics that students should prepare.

The Productive Mechanism

  • This unit introduces the four major factors of production and explains their contribution to economic activities.

Important Topics

  • Meaning and characteristics of land as a factor of production.
  • Productivity of land and factors affecting land productivity.
  • Meaning and characteristics of labour.
  • Division of labour, its types and advantages.
  • Efficiency of labour and reasons for low labour efficiency in India.
  • Meaning and characteristics of capital.
  • Physical and financial capital with examples.
  • Capital formation, its process and importance.
  • Meaning of entrepreneur.
  • Functions of an entrepreneur and contribution to economic development.
  • Students should understand the differences among land, labour, capital and entrepreneurship and explain how each contributes to production.
  • Meaning and concept of demand and supply.
  • Types of demand.
  • Law of demand and law of supply.
  • Individual and market demand schedules.
  • Individual and market supply schedules.
  • Demand and supply curves.
  • Movement along demand and supply curves.
  • Shift in demand and supply curves.
  • Determinants of demand and supply.
  • Exceptions to the law of demand.
  • Meaning and types of elasticity of demand.
  • Meaning and types of elasticity of supply.
  • Percentage method of measuring price elasticity.
  • Factors affecting elasticity of demand and supply.
  • Students should practise drawing and interpreting demand and supply curves and clearly distinguish a movement along a curve from a shift of the entire curve.
  • Important: The accessible CISCE Economics syllabus reference specifies that numerical problems on elasticity are not for testing. Students should follow the corresponding instructions in their Examination Year 2027 document when preparing.
  • Meaning of inflation.
  • Creeping inflation.
  • Walking inflation.
  • Running inflation.
  • Hyperinflation.
  • Demand-pull inflation.
  • Cost-push inflation.
  • Causes of demand-pull and cost-push inflation.
  • Differences between the two main types of inflation.
  • Negative effects of inflation on production.
  • Effects of inflation on fixed-income earners and business-income groups.
  • Students should understand the differences among inflation types and explain their effects using simple examples.
  • Meaning of consumer exploitation.
  • Forms and reasons for consumer exploitation.
  • Meaning and importance of consumer awareness.
  • Consumer rights and consumer duties.
  • Consumer Protection Act, 2019.
  • Right to Information (RTI).
  • Food adulteration and its harmful effects.
  • Public Distribution System (PDS).
  • Bureau of Indian Standards (BIS).
  • AGMARK certification.
  • ECOMARK certification.
  • Students should be able to explain how consumer rights, consumer protection laws and standardisation marks help protect buyers.

Theory of Demand and Supply

  • This unit examines how consumer demand and market supply are related to price and other economic factors.

Market

Market TypeMain Concept
Perfect CompetitionA Market with Many Buyers and Sellers
MonopolyA Market with a Single Seller
Monopolistic CompetitionCompetition Among Sellers Offering Differentiated Products
OligopolyA Market Dominated by a Small Number of Sellers
  • The Market unit covers the meaning of a market and the different types of market structures.

Banking in India

  • Banking in India is a broad unit that includes money, commercial banks, central banking, monetary policy and public finance.

Money

  • Barter system and its limitations.
  • Evolution and legal meaning of money.
  • Money as a medium of exchange.
  • Money as a measure of value.
  • Money as a store of value.
  • Money as a standard of deferred payment.

Commercial Banks

  • Meaning and functions of commercial banks.
  • Types of bank deposits.
  • Types of loans and methods of advancing loans.
  • Basic process of credit creation.
  • Primary and derivative deposits.

Central Bank and Monetary Policy

  • Meaning and functions of the central bank.
  • Issue of currency notes.
  • Banker's bank and lender of last resort.
  • Banker, agent and adviser to the government.
  • Custodian of foreign exchange.
  • Qualitative credit control methods, including moral suasion, margin requirements and credit rationing.
  • Quantitative credit control methods, including Bank Rate, Open Market Operations, Cash Reserve Ratio and Statutory Liquidity Ratio.
  • Basic understanding of demonetisation.

Public Finance

  • Meaning of public finance.
  • Sources of public revenue.
  • Direct and indirect taxes and their differences.
  • Meaning and objectives of Goods and Services Tax (GST).
  • Progressive, proportional, regressive and degressive taxes.
  • Non-tax revenue with examples.
  • Public expenditure and its classification.
  • Revenue expenditure and capital expenditure.
  • Reasons for increasing public expenditure.
  • Meaning and types of public debt.
  • Students should particularly practise comparison questions covering commercial banks and central banks, qualitative and quantitative credit controls, and direct and indirect taxation.

Inflation

  • This unit focuses on the meaning, categories, causes and economic effects of inflation.

Consumer Awareness

  • The final unit deals with consumer exploitation, rights, duties and protection mechanisms.

ICSE Class 10 Economics Exam Pattern 2027

ComponentMarksDuration or Method
Theory Examination802 Hours
Internal Assessment20Economics Project or Assignment
Total100Theory Plus Internal Assessment
  • The Economics examination combines a written theory paper with an internal project or assignment.
  • The official subject syllabus specifies the overall assessment division. Students should refer to the specimen question paper for the question format, section-wise choices and applicable marking instructions.

ICSE Class 10 Economics Chapter-Wise Marks Distribution

  • The syllabus establishes the six required units but does not provide a confirmed fixed marks allocation for each individual chapter.
  • Students should not assume that every unit carries equal marks or rely on unofficial chapter-wise weightage tables as guaranteed examination allocations.
  • Prepare all six units and use the official specimen papers and previous examination papers to understand the expected question format.

ICSE Class 10 Economics Internal Assessment 2026-27

Evaluation ComponentMarks
Subject Teacher or Internal Examiner10
External Examiner10
Total20
  • Students must complete at least one Economics project or assignment prescribed by their teacher.
  • The internal assessment carries 20 marks. The subject teacher and an external examiner assess the project independently.

ICSE Class 10 Economics Project Topics

  • The published syllabus provides project and assignment examples related to factors of production, taxation and GST.

Factors of Production

  • Visit a local industrial unit and study how land, labour, capital and entrepreneurship are combined in the production process.

Survey on Taxes

  • Conduct a survey of 15 people in the neighbourhood to study the types of taxes they pay. Analyse which type of tax respondents find easier to pay and explain the conclusion.

Impact of GST

  • Visit a nearby store and select five commonly purchased products. Examine the impact of GST on their prices or demand and discuss the benefits or implications for producers, consumers and the government.
  • The final project topic, submission format and assessment requirements should be confirmed with the school's Economics teacher.

ICSE Class 10 Economics 2026-27 Preparation Tips

  • Begin preparation with the six units listed in the syllabus.
  • Learn important definitions and distinguish closely related economic concepts.
  • Practise demand and supply schedules and curves.
  • Prepare comparison tables for different market structures.
  • Understand banking functions, GST and monetary policy terminology.
  • Revise inflation types, their causes and effects.
  • Learn consumer rights, duties and important consumer protection measures.
  • Complete the Economics project according to the teacher's instructions.
  • Use official specimen and past examination papers for revision.
  • Revise the complete syllabus instead of relying on unverified chapter weightage.

Difference Between ICSE Economics and Economic Applications

ParticularsEconomicsEconomic Applications
Subject Code6487
Subject GroupGroup IIGroup III
CurriculumEconomics Concepts and Economic SystemsApplied Economic Concepts
SyllabusSeparate Official DocumentSeparate Official Document
  • ICSE Economics and Economic Applications are separate subjects with different subject codes and syllabus requirements.

How to Download ICSE Class 10 Economics Syllabus 2026-27?

  1. Visit the official CISCE website at cisce.org.
  2. Open the syllabus or regulations and syllabuses section.
  3. Select the ICSE examination.
  4. Choose the syllabus corresponding to Examination Year 2027.
  5. Find Economics under the Group II subjects.
  6. Open the Economics (64) syllabus document.
  7. Verify that its cover or page headings refer to Examination Year 2027.
  8. Download and save the PDF for examination preparation.

Frequently asked questions

What is the official website for ICSE Class 10 Economics Syllabus 2026-27?

The official website is https://cisce.org/.