CISCE ICSE Class 10 Economics Syllabus - Free PDF Download
CISCE Syllabus 2026-27 ICSE Class 10 : The CISCE ICSE Class 10 Economics Syllabus for the examination year 2026-27 has been released by the Council for the Indian School Certificate Examinations, CISCE. The board will hold the final examination at the end of the year following the annual assessment scheme, which has led to the release of the syllabus. The 2026-27 CISCE ICSE Class 10 Economics Board Exam will entirely be based on the most recent syllabus. Therefore, students must thoroughly understand the new CISCE syllabus to prepare for their annual exam properly.
The detailed CISCE ICSE Class 10 Economics Syllabus for 2026-27 is below.
Academic year:
CISCE ICSE Class 10 Economics Revised Syllabus
CISCE ICSE Class 10 Economics Course Structure 2026-27 With Marking Scheme
| # | Unit/Topic | Weightage |
|---|---|---|
| 1 | The Productive Mechanism | |
| 1 | Factors of Production | |
| 2 | Theory of Demand and Supply | |
| 2 | Elementary Theory of Demand | |
| 3 | Elasticity of Demand | |
| 4 | Theory of Supply | |
| 3 | Market | |
| 5 | Meaning and Types of Markets | |
| 4 | Banking in India | |
| 4.4 | Demonetisation | |
| 6 | Meaning and Functions of Money | |
| 7 | Commercial Banks | |
| 8 | Central Bank | |
| 9 | Introduction to Public Finance | |
| 10 | Public Revenue | |
| 11 | Public Expenditure | |
| 12 | Public Debt | |
| 5 | Inflation | |
| 13 | Inflation | |
| 6 | Consumer Awareness | |
| 14 | Consumer Awareness | |
| Total | - |
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Syllabus
1: The Productive Mechanism [Revision]
CISCE ICSE Class 10 Economics Syllabus
1 Factors of Production [Revision]
- Meaning of Production Mechanism
- Factors of Production
- Introduction
- Land
- Labour
- Capital
- Entrepreneurship (Organiser)
- Real-Life Application
- Key Points: Factors of Production
2: Theory of Demand and Supply [Revision]
CISCE ICSE Class 10 Economics Syllabus
2 Elementary Theory of Demand [Revision]
- Demand Curve
- Individual Demand Curve
- Introduction
- Key Terms
- Diagram Explanation
- Real-Life Application
- Key Point Summary
- Individual Demand Curve
- Determinants of Demand
- Major Determinants of Demand
- Types of Goods and Income Effect
- Relation between Income and Demand
- Relation between Price and Demand for Related Goods
- Key Point Summary
- Individual Demand Function
- Determinants of Individual Demand
- Differences Between Substitute Goods and Complementary Goods
- Market Demand Function
Determinants of Market Demand
- Law of Demand
- Introduction
- Statement
- Formula: Law of Demand
- Definition: Law of Demand
- Assumptions
- Tabular Representation
- Demand Curve
- Key Point Summary
- Causes of Operation of Law of Demand
- Law of Diminishing Marginal Utility
- Income Effect
- Substitution Effect
- Change in the number of buyers
- Different Uses
- Exceptions to the Law of Demand
- Introduction
- Major Exceptions With Examples
- Key Point Summary
- Changes in Demand
- Meaning
- Types
- Causes Behind Shifts of Demand Curve
- Difference Between Extension and Increase in Demand
- Table: Difference Between
- Explanation
- Real-Life Application
- Key Point Summary
3 Elasticity of Demand [Revision]
- Concept of Elasticity of Demand
- Introduction
- Definition: Elasticity of Demand
- Elasticity Types
- Key Points: Concept of Elasticity of Demand
- Methods of Measuring Price Elasticity of Demand
- Total Expenditure Method
- Example: Total Expenditure Method
- Proportionate (Percentage) Method
- Example Table: Proportionate (Percentage) Method
- Point Elasticity Method
- Elasticity at Different Points
- Arc Elasticity Demand
- Example: Arc Elasticity Method
- Revenue Method
- Example: Revenue Method
- Real-Life Applications
- Key Points: Methods of Measuring Price Elasticity of Demand
- Degrees (Or Kinds) of Price Elasticity of Demand
- Factors Affecting Price Elasticity of Demand
- Introduction
- Flowchart
- Types of Elasticity of Demand > Income Elasticity
- Introduction
- Definition: Income Elasticity
- Formula: Income Elasticity of Demand
- Example
- Types of Income Elasticity of Demand
- Importance
- Real-Life Application
- Key Points: Income Elasticity
4 Theory of Supply [Revision]
- Determinants of Supply
- Introduction
- Main Determinants of Supply
- Supply Function
- Determinants of Elasticity of Supply
- Importance of Elasticity of Supply
- Real-Life Application
- Key Point Summary
- Concept of Stock
- Law of Supply
- Introduction
- Definition: Law of Supply
- Main Points
- Supply Schedule
- Statement of the Law of Supply
- Supply Curve
- Assumptions
- Exceptions
- Real-Life Application
- Key Points: Law of Supply
- Reasons Behind the Operation of the Law of Supply
- Distinguish between Stock and Supply
- Change in Quantity Supplied (Or Movements Along the Supply Curve)
- Expansion (or Extension) of Supply
- Contraction of Supply
- Changes in Supply
- Meaning
- Types
- Distinction Between Change in Quantity Supplied (Or Movement Along Supply Curve and Change in Supply Or Shift of the Supply Curve)
- Distinction Between Expansion in Supply and Increase in Supply
- Distinction Between Contraction in Supply and Decrease in Supply
- Elasticity of Supply
- Meaning
- Measurement of Elasticity of Supply
- Types of Elasticity of Supply
- Factors Determining Elasticity of Supply
3: Market [Revision]
CISCE ICSE Class 10 Economics Syllabus
5 Meaning and Types of Markets [Revision]
- Concept of Market
- Introduction
- Definition: Market
- Essential Market Conditions
- Types of definition of market
- Features of a market
- Real-Life Application
- Key Points: Concept of Market
- Classification of Market Structure
- Broad classification of market structure
- Main market forms
- Key Points: Classification of Market Structure
- Classification of Market > Based on Competition
- Perfect Competition
- Introduction
- Definitions: Perfect Competition
- Features
- Pure competition vs perfect competition
- Assumptions
- Key Points: Perfect Competition
- Perfect Competition
- Imperfect Competition
- Monopoly
- Meaning
- Definitions: Monopoly
- Features
- Types
- Price discrimination under monopoly
- Nature of demand and revenue under monopoly
- Costs under monopoly
- Key Points: Monopoly
- Monopolistic Competition
- Introduction
- Definition: Monopolistic competition
- Main Features
- Edward Hastings Chamberlin
- Nature of Demand and Cost Curves
- Real-Life Application
- Key Points: Monopolistic Competition
- Oligopoly
- Meaning of Oligopoly
- Definitions: Oligopoly
- Features
- Types
- Classification
- Indeterminacy of Price and Output under Oligopoly
- Reasons for Indeterminate Price and Output
- Real-Life Application
- Key Points: Oligopoly
- Concept of Monopsony
- Introduction
- Definition: Monopsony
- Characteristics of Monopsony
- Short Note: Joan Robinson
- Real-Life Application
- Key Points: Concept of Monopsony
- Monopoly
- Distinction Between Perfect Competition, Monopoly and Monopolistic Competition
- Similarities Between Monopolistic Competition and Perfect Competition
- Similarities Between Monopolistic Competition and Monopoly
4: Banking in India [Revision]
CISCE ICSE Class 10 Economics Syllabus
4.4 Demonetisation [Revision]
6 Meaning and Functions of Money [Revision]
- Barter system
- Introduction
- Definition: Barter System
- Difficulties in Barter System
- Real-Life Application
- Key Point Summary
- Evolution of Money
- Introduction
- Flowchart
- Forms of Money
- Full Bodied Money
- Flat Money
- Legal Tender Money
- Bank Money
- Near Money
- Qualities of Money
- Characteristics
- Real-Life Application
- Key Point Summary
- Functions of Money
- Primary Functions
- Secondary Functions
- Contingent Functions
- Real-Life Application
- Key Point Summary
7 Commercial Banks [Revision]
- Structure of Money Market in India > Organized Sector
- Commercial Banks
- Introduction
- Definitions: Commercial Bank
- Functions of Commercial Banks
- Structure
- Commercial Banks
- Importance of Banks
- Banking > Functions of Commercial Bank
- Primary Functions
- Secondary Functions
- Primary Functions
- Accepting Deposits
- Demand Deposits
- Time Deposits
- Granting Loans and Advances
- Advances
- Loans
- Creation of Credit
- Agency Functions
- General Utility Functions
- Concept of Credit Creation
- Nationalisation of Banks
- Objectives of Nationalisation
8 Central Bank [Revision]
- Quantitative and Qualitative Credit Control Measures Adopted by RBI
- Central Bank Function - Banker's Bank
- Central Bank Function - Goverment Bank
- Meaning of Central Bank
- Differences Between a Central Bank and a Commercial Bank
- Central Bank
- Introduction
- Definitions
- Evolution of Central Bank
- Need for Central Bank
- Importance of Central Bank
- Functions of Central Bank
- Functions of a Central Bank
- Bank of Note-Issue
- Banker, Agent and Advisor to the Government
- Banker to the Banks (or Bank of Banks) and Supervisor
- Custodian of Foreign Exchange Reserves
- Controller of Credit
- Monetary Policy of the Central Bank
- Quantitative Methods
- Bank rate
- Open market operations
- Cash reserve ratio
- Qualitative (Or Selective) Methods
- Limitations on the Power to Control Credit
- Quantitative Methods
- Demonetisation
- Meaning
- Objectives
9 Introduction to Public Finance [Revision]
- Public Finance
- Introduction
- Functions of Government
- Meaning
- Definitions
- Nature of Public Finance
- Positive Aspect
- Normative Aspect
- Difference Between Public Finance and Private Finance
10 Public Revenue [Revision]
- Public Revenue > Taxes
- Definition
- Characteristics
- Principles of Taxation
- Significance of Public Revenue
- Structure of Public Finance > Public Revenue
- Meaning
- Sources of Public Revenue
- Objectives and Significance of Taxes
- Types of Taxes
- GST(Economics)
- Other Kinds of Taxes
- Specific and Advalorem Taxes
- Concept for Proportional Tax
- Concept for Progressive Tax
- Concept for Regressive Tax
- Concept for Digressive Tax
11 Public Expenditure [Revision]
- Structure of Public Finance > Public Expenditure
- Explanation
- Classification
- Reasons for Growth in Public Expenditure
- Recent trends in Public Expenditure in India
- Growth of Public Expenditure in Recent Times
- Components of Public Expenditure
- Objectives of Public Expenditure
- Role of Public Expenditure in Economic Development
12 Public Debt [Revision]
- Difference Between Public and Private Debts
- Structure of Public Finance > Public Debt
- Meaning
- Types
- Internal Debt VS External Debt
- Classification of Activities
5: Inflation [Revision]
CISCE ICSE Class 10 Economics Syllabus
13 Inflation [Revision]
- Inflation
- Meaning of Inflation
- Demand-pull Inflation
- Cost-push Inflation
- Wholesale Price Index (WPI)
- Consumer Price Index (CPI)
- Food Basket
- Relationship Between Value of Money and Price Level
- Types of Inflation
- Meaning, Causes, effect, and Differences of:
- Cost-push inflation
- Demand-pull inflation
- Demand Pull Inflation
- Cost Push Inflation
- Effects of Inflation
- Positive and negative effects of inflation on production.
- Positive and negative effects of inflation on distribution with reference to fixed income group and business income group only.
6: Consumer Awareness [Revision]
CISCE ICSE Class 10 Economics Syllabus
14 Consumer Awareness [Revision]
- Factors Causing Exploitation of Consumers
- Rise of Consumer Awareness
- Legal Measures Available to Protect Consumers from Being Exploited (COPRA, RTI)
- Awareness of Food Adulteration and Its Harmful Effects
- Consumer Awareness
- Consumer is Exploitation
- Meaning of consumer exploitation
- A brief understanding of the forms of consumer exploitation
- How consumer is exploited (one or two simple case studies)
- Important Movements in India
- Consumer Rights
- Safety
- Information about goods and services
- When choice is denied
- Where should consumers go to get justice?
- Learning to Become Well-Informed Consumers
- Food Adulteration
- Consumer Protection Act 1986 (COPRA)
- Salient features of The Indian Consumer Protection Act, 1986
- Importance of Consumer Protection
- Objectives of the Consumer Protection Act 1986
- Right to Information Act 2005
- Understanding the Importance of Educating Consumers of Their Rights
- Technical and Administrative Measures for Consumer Protection
- A brief understanding of:
- Public Distribution System (PDS);
- Bureau of Indian Standards (BIS);
- AGMARK,
- ECOMARK
- Consumer Duties
- Standardisation of Product
