ICSE Economics Class 9 Solutions on Extramarks to Get Good Grades

Economics is a subject of production, distribution, and consumption of Goods and Services. According to Alfred Marshall, “Economics is a study of man in the regular business of life. It studies how he gets his income and how he utilizes it. Thus, it is on the one side, the study of capital and on the other and more significant side, a part of the study of man.” Extramarks gives students a collection of Previous Year  ICSE Economics Class 9 School and Sample Question Papers to help them get feedback on their strengths and weakness.  ICSE Economics Class 9 Previous Years School and Sample Test Papers will also give you an understanding of the pattern of questions expected in the test papers.

 ICSE Economics Class 9 course covers the following:
The first unit is an introduction to economics. It covers the definition of economics, micro and macroeconomics: meaning, example and differences, Type of activities: Economic and Non-Economic their meaning, example and differences, Sectors of an economy: primary, secondary and tertiary their meaning, examples and differences, the meaning of different basic economic terms, different entities, etc
The second unit is Types of Economies. It details on Capitalist, socialist and mixed economy: definition and differences (Indian context). It explains the meaning and difference of matured and developing economies. It also covers the meaning and distinction between economic growth and development.
The third unit is the Problems of an economy. It makes  ICSE Economics Class 9 students aware of the type of resources and their limited availability, as well as the human need for unlimited resources hence, the need for efficient utilization of these resources.