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ICSE Class 10 Economics Syllabus for Semester (1 & 2) 2024-25

Last updated date: 19th Jun 2024
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Preparation For Economics

Vedantu economics syllabus, Class 10, plays a vital role in the entire preparation of the students for the final examinations. Approved by CISCE, this syllabus gives the students a brief idea of all the units involved in the course for the given academic session, and the important topics and sub-topics that they must prepare to score well in the examination. A structured syllabus also helps the students get a head start for the preparation of the final examinations, and understand the right approach for the preparation. 

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Competitive Exams after 12th Science

ICSE Class 10 Economics Semester Wise Syllabus 2024-25

Vedantu economics syllabus for Class 10 ICSE students is available in a free to download PDF version, making sure that all the students can easily access them anytime and anywhere, according to their comfort and needs. The availability of the syllabus of economics, Class 10 in PDF version ensures that the students can access them on any device, and there is no barrier for the same.

The Vedantu free downloadable PDF version of the syllabus is well versed with all the essential topics and sub-topics in a structured manner, thus making sure that the students never leave any topic during the final preparations and know the right sequence for getting the best understanding of all the concepts.

ICSE Class 10 Economics Syllabus

Class 10 economic syllabus is important for the students to tell them a list of the essential topics involved in their curriculum. It also helps them get a clear picture of the essential study materials that they must have for the preparation of the involved concepts in the syllabus.

Syllabus for ICSE Class 10 Economics Semester (1 & 2) 2024-25

Semester 1 

(Marks: 40)

Semester 2 

(Marks: 40)

Unit No.

Name of the Unit

Name of the Sub-unit 

Unit No.

Name of the Unit

Name of the 



The Productive Mechanism (Complete Unit)


Banking In India

ii. Commercial Banks: Meaning and functions.

iii. Central Bank .

iv. Demonetisation.

v. Public Finance.


Theory of Demand and Supply (Complete Unit)


Inflation (Complete Unit)


Market (Complete Unit)


Consumer Awareness (Complete Unit)


Banking In India

i. Money


ICSE Class 10 Economics Syllabus – Weightage

The ICSE class 10th students are evaluated out of a total of 100 marks in their results for economics. The evaluation is distributed into two parts, 80 marks for external examination and 20 marks for internal examination. The students are advised to attempt both the assessments precisely to score well and pass with higher scores.

The internal examiners evaluate the students for internal practical examination, based on their performance on the allotted assignment or project given by the school teachers.

The External Examination Is of 80 Marks, In Which There are 2 Sections of 40 Marks Each:

  • Section I has all the compulsory questions which are mainly the short-answer ones.

  • Section II contains 6 questions, and the students are required to attempt any 4 out of them.


Benefits of Class 10 ICSE Economics Syllabus

  • Vedantu economics syllabus, Class 10, is available in a structured manner, providing the students with a brief on the involved units, topics, and the related subtopics.

  • It helps the students understand the right approach and sequence to be followed for the preparation of the final examinations.

  • The syllabus is essential to help the students prepare confidently, and thus score well in the examinations.

  • Class 10 ICSE economics syllabus ensures that the students do not leave any major and important concepts, and study everything precisely.

  • It also helps the students to focus more on the units carrying higher weightage, and study well according to the marks distributions.


Complete Syllabus for the ICSE Board Class 10 Economics Subject semester 1 & 2 for the year 2024-25 is available for download for both semesters.

Economics is an important subject that plays an important role in the life of a student. The syllabus for economics semesters 1 and 2, which is available at Vedantu is prepared by taking into consideration all the guidelines provided by the board. The syllabus provided the students, an idea of all the topics which are covered in the Economics subject as a whole. Learning this topic well enough will help the students in getting good marks in the examination. But every great thing starts from scratch, and the scratch in this case is nothing but the syllabus.

Topics That are Covered in The Class 10 Economics Book, Icse Board Textbook.

A wide range of topics is covered in both the semesters combined in the class 10 Economics Syllabus.

The total number of units is 6, which are divided in both semesters.

Semester one and semester two both have the same number of maximum marks, which is 40 for the first semester and 40 for the second semester as well.

The semester first includes four chapters, which are, the productive Mechanism, theory of demand and supply, Market and banking in India.

The first three chapters which are to say the productive mechanism, Theory of Demand and Supply, and Market, are included in their entirety in the first semester of the latest syllabus for the years 2024-25. While for the last chapter which is “Banking in India”, only the first part, which is, “money”, is included in the economics syllabus.

The second semester includes the remaining portion, that is to say, “Banking in India”, “inflation”, and “Consumer Awareness”.

The remaining four sections of the 4th chapter which is “Banking in India” is covered here, which are, “Commercial banks, its meaning and functions”, “Central Bank”, “Demonetisation”, and lastly, “Public Finance”. While the next two chapters, which are, “Inflation”, and “Consumer Awareness”, will be covered entirely, in the ICSE Class 10 Economics subject.

FAQs on ICSE Class 10 Economics Syllabus for Semester (1 & 2) 2024-25

1. How is the free downloadable PDF version of ICSE class 10 economics syllabus helpful?

The free downloadable PDF version of ICSE class 10th economics syllabus helps the students always keep it handy. It is easily accessible on any device, thus making sure that the students do not need to face any hassles while taking reference during their preparations. The free version also ensures that every student can access the syllabus and that too on multiple devices.

The structured syllabus in PDF format also ensures that the students follow the right sequence for their preparation and never get confused. It also helps the students to avoid any situation of leaving any topic for the preparation and getting into stress at the last moment. Moreover, when a student has an economics syllabus for class 10 handy, they confidently prepare for the examinations without any worries and finally pass the examinations with flying colours.

2. In how many modules is the ICSE class 10 economics syllabus divided? How are students evaluated in the final results?

The entire syllabus of economics class 10 is divided into 5 major modules. Each of these modules carries some important and latest concepts, based on the economic activities across the nation. 

The modules in which the economics syllabus is divided are as follows:

  • Productive mechanism
  • Theory of demand and supply
  • Banking across India
  • Inflation
  • Consumer awareness

The students are evaluated out of a total of 100 marks. There is an internal assessment of 20 marks, where the school teacher evaluates the students based on the allotted project or assignment.

And there is an external final examination of 80 marks. In this final examination, the entire paper is divided into two sections of 40 marks each. Section I contains short answer compulsory questions from the entire syllabus and Section II contains 6 questions out of which the students are required to attempt any 4.

3. Where can I find the syllabus for the Class 10 Economics subject for the ICSE board?

The latest syllabus for the ICSE board Class 10 Economics, for the year 2023 – 2023 can be found, here is Vedantu. Vedantu provides free access to the syllabus to all the students, but even more than that the syllabus is available for download also, and that too, without any cost. Yes, the latest syllabus for both semesters of Class 10 Economics is completely free to download in PDF file format, at Vedantu. You should definitely download it as soon as possible before starting your preparation.

4. What purpose does the syllabus serve? Why not start preparing straight away?

The haste of starting out the preparation straight away is completely understandable, but preparation without a plan is useless and will become labour that adds no value to the life of the students. Because making a mind map is the first step for any examination, be it school exams, board exams, or university exams. And for making a mind map, a bird’s eye view of the place where we are about to go is required, in the case of studying the “Syllabus” provides the Bird’s eye view of everything to be learned in the Economics subject, for the Class 10 ICSE Board. Therefore, the syllabus is a must for any preparation.

5.What will be the exam pattern for Class 10 Economics?

The exam paper of the class 10 economics for the ICSE board will be divided into two sections, namely Section A and Section B. The exam will have a total of 80 marks, while the 20 marks will be from the internal assessment.

The first section, which is section A, will cover the whole syllabus, and no choice for the questions will be provided here. Also, all the questions asked here will only require short answers.

The second section, which is section B, will provide the students with the ability to choose the questions, the candidates are required a total of 4 questions from this section, and also the questions will be of detailed answer type.

In short, the exam is patterned in such a manner that it will cover the entire syllabus of Class 10 economics.

6. How can I get the syllabus for the Class 10 Economics, ICSE boards?

The complete and the latest syllabus for the year 2023-24, for the Class 10 Economics including both the semesters is available here at Vedantu, for a free download, in a PDF file format. The students can easily download the complete syllabus without facing any type of problem, and since it is available in PDF file format and since the PDF File Format is the most commonly used file format, each and every student can easily access it, on almost any device.

7. Why should one refer only to Vedantu?

Well, at Vedantu we have a team of teachers who are experts in the subject, in this case, Economics. The syllabus made by these expert teachers of the Vedantu is one hundred per cent in line with the latest syllabus for the ICSE board Class 10 economics. Therefore, a student can always trust the syllabus provided by the Vedantu and start preparing for the examination. Since the syllabus is an essential part of any subject, our expert teacher has taken great care in making the syllabus.