2024-25 ICSE Class 9 Economics Syllabus: The ICSE Class 9 Economics syllabus for the 2024-25 academic year aims to introduce students to the basic concepts of economics. This course helps students understand how people, businesses, and governments make decisions in an ever-changing economic world.
Through interactive learning activities, students will learn about important economic ideas. The syllabus covers topics such as what economics is, different economic systems, and how resources are distributed when there's not enough to go around.
Students will also learn about the Indian economy, including its structure, important industries, and the challenges it faces. By looking at real-life examples, students will develop their critical thinking skills and learn how to apply economic ideas to understand current economic problems.
This course is just the beginning of studying economics and will help students build a strong foundation for future economic studies. It will also help students develop a better understanding of the economic world around them. For a better understanding of the ICSE 9th Economics syllabus 2024-25 download the free PDF provided here.
ICSE Class 9 Economics Syllabus Aims
- To acquire the knowledge of terms, facts, concepts, trends, principles, assumptions, etc. in Economics.
- To develop familiarity with the basic terminology and elementary ideas of Economics.
- To acquire knowledge of contemporary economic problems and to appreciate the efforts being made to solve these problems.
4 To develop an understanding of the Nation’s physical and human resources and how to avoid their misuse.
- To understand the various economic processes that help in improving our standard of living.
ICSE Class 9 Economics Syllabus 2024-25
There will be one paper of two hours duration carrying 80 marks and Internal Assessment of 20 marks.
| 1. Introduction to Economics |
| (i) Definition of Economics according to Adams, Robbins, Keynes and Samuelson. Self-explanatory. (ii) Micro & Macro Economics. Meaning, difference and examples only. (iii)Types of activities. Economic and non-economic activities: meaning and examples; the difference between Economic and non-economic activities. (iv) Sectors in an Economy. Primary, secondary and tertiary sectors: meaning and examples along with; differences. (v) Basic Economic terms. Meaning of the following economic terms: Wants, Goods, services, wealth, utility, production, consumption, sustainable consumption, factors of production, market, price, value, income, saving, wealth, welfare, economy. (vi) Entities. Government sectors, firms, households, foreign sector: meaning only. |
| 2. Types of Economies |
| (i) On the basis of Nature. Capitalist Economy, Socialist Economy, Mixed Economy – with reference to India (meaning and differences). (ii) On the basis of Development. Developed Economy and Developing Economy: meaning and differences. (iii)Economic growth and development. Meaning and differences. |
| 3. Problems of an Economy |
| (i) Limited availability of Resources. Meaning and types of resources with examples; meaning and examples of limited resources; an understanding of the basic economic problem - Human wants are unlimited in relation to limited resources that have alternative uses; need for efficient use of resources (brief understanding with an example.) (ii) Central problems of an economy. What to produce? How to produce? For whom to produce? - A brief understanding with examples. |
| 4. The Indian Economy: A Study |
| (i) Primary Sector: Agriculture - contribution of agriculture; problems of Indian agriculture; government measures to increase agricultural production; Green revolution and its impact; food security. (a) Agriculture and allied activities: meaning; contribution of agriculture to employment, industry, trade and self-sufficiency in food production: a brief understanding of the above. (b) Problems of Indian Agriculture: a brief understanding of: limited use of technology, fragmentation of land holdings, dependence on monsoon, lack of rural credit facilities, inadequate storage & marketing facilities. (c) Government measures to improve agricultural production: Use of High Yielding variety seeds, use of fertiliser and insecticides, Better irrigation facilities, Adoption of technology, Setting up of agricultural research centres and institutes, Provision & expansion of rural credit facilities. Provision of better storage and marketing facilities: a brief understanding of the above. (d) Green Revolution: meaning and its positive impacts. (e) Meaning of Food Security; role of Food Corporation of India(FCI). (ii) Secondary: Industry: meaning and types; adverse impacts of industrialisation and measures to overcome adverse impacts. (a) Meaning of Industry; a brief understanding of the interdependence of Agriculture and Industry. (b) Types of Industries; large-scale and medium-scale Industries. Meaning, features and examples only. Cottage & Small-Scale Industries. Meaning, features and examples; significance with reference to India. (c) Adverse impacts of industrialisation: a brief understanding of the adverse impacts with reference to industrial pollution and deforestation; measures to overcome the adverse impacts: Afforestation, Waste management. (iii)Tertiary Sector: Education and Healthcare, Transportation, Banking, Insurance, Communication, Storage and Warehousing. Role of each of the above in the economic development of the country in brief with the help of examples. |
| 5. Major Problems of the Indian Economy |
| (i) Poverty Meaning of poverty line - concept based on calorie intake; Relative and absolute poverty: meaning with examples; causes of poverty: any five causes of poverty to be discussed. (ii) Unemployment Meaning; Types: Seasonal, Structural, Technological: meaning and example of each. Causes of unemployment- any five to be discussed. (iii)Schemes and Programmes introduced by the government to remove poverty &unemployment. Any two programmes to be studied with the objectives. For example, IRDP, JRY, PKVY, HRIDAY, MNREGA, etc. |
| 6. Major Reforms and Emerging Trends in the Indian Economy |
| (i) LPG Model Liberalisation, Privatisation and Globalisation: meaning of each term and its positive impact on the Indian economy. (ii) Smart city Concept of Smart city; Case Study: take one suitable example of a smart city and discuss the development taken place in the form of infrastructure development, reduction of unemployment, poverty alleviation, HR development and industrial development. (iii) ‘Digital India’ and ‘Skill India’. Case study of each of the above (not to be tested). |
Internal Assessment
The minimum number of assignments:
One project/assignment as prescribed by the teacher from the syllabus.
Suggested Assignments:
- A case study on the effects of industrial pollution.
- Conduct research on the local economy using any one parameter, for example, education, health, employment and so on.
- Conduct research on any industry and study how the output has been impacted post-liberalisation and globalisation.
- Analyse any recent government scheme in context to the infrastructural development in the country.
- Visit a small-scale or cottage industry and write a report on the basis of the techniques of production being used.
Download ICSE Class 9 Economics Syllabus 2024-25 PDF |
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