ICSE Class 10 Quarterly Tests Economics PDFs (2018-19)
This page hosts icse class 10 quarterly tests economics papers for students preparing for school-level exams. You get 2 quarterly test PDFs covering the Economic Applications subject for Class 10. Each paper is a full 100-mark exam, and the table below provides direct downloads for the 2018 and 2019 quarterly tests.
Quarterly tests help you check your preparation before the final ICSE board exams. They follow the same Economic Applications syllabus and test your understanding of demand, supply, and market structures. You can find more Class 10 Economics material on our site, or browse the full Class 10 book list for related study resources. For official syllabus updates, always refer to the CISCE official website.
Download ICSE Class 10 Economics Quarterly Tests PDF
These are the 2 quarterly tests PDFs hosted on icseboard.org for ICSE Class 10 Economics, organised by subject. Each section below explains what those papers cover before the download table.
This group contains 2 quarterly test papers for ICSE Class 10 Economic Applications from 2018 and 2019. Each paper is a 100-mark exam covering demand, supply, price elasticity, and market structures like monopoly and perfect competition. Students use these papers to practice short 2-mark definitions in Part I and detailed 7-8 mark explanations in Part II.
| Paper | Download |
|---|---|
| Quarterly Economic Application (2018) | Download PDF |
| Quarterly Economics Applications (2019) | Download PDF |
What These Economics Quarterly Papers Cover
Both papers test the Economic Applications syllabus for Class 10. The 2018 and 2019 quarterly exams focus on core concepts that students find tricky. The questions cover demand, supply, price elasticity, and different market structures like monopoly and perfect competition.
Each paper is divided into two parts. Part I carries 40 marks and asks short-answer questions. Part II carries 60 marks and requires longer, detailed answers. You must attempt all questions in Part I and any four questions from Part II.
Exam Pattern: Marks and Time Allowed
Both the 2018 and 2019 quarterly papers follow the same structure. The facts below come directly from the paper excerpts.
| Paper | Year | Full Marks | Time Allowed |
|---|---|---|---|
| Quarterly Economic Application | 2018 | 100 | 2 hrs. + 15 min. |
| Quarterly Economics Applications | 2019 | 100 | 2 Hrs. 15 mints |
The 2018 paper states the time as 2 hrs. + 15 min.. The 2019 paper states 2 Hrs. 15 mints. Both allow 135 minutes total. The papers are 100-mark exams, but the final ICSE board exam for Economic Applications is an 80-mark paper. These quarterly tests use a 100-mark format to test the full syllabus thoroughly.
Topics Asked in 2018 and 2019
The excerpts show clear patterns in what the papers ask. The topic frequency helps you focus your revision on high-weight areas.
- Price Elasticity of Demand: Asked in both 2018 and 2019. The 2018 paper asks you to calculate it when milk price falls. The 2019 paper asks for a definition and factors affecting it.
- Monopoly Market: Asked in both 2018 and 2019. The 2018 paper asks why monopolists are price-makers. The 2019 paper asks for features and characteristics of monopoly.
- Stock vs. Supply: Asked in both 2018 and 2019. You must distinguish between the two terms clearly.
- Supply Elasticity: Asked in both 2018 and 2019. The 2018 paper asks why supply elasticity is higher in the long run. The 2019 paper asks for different elasticity values like e_s = 0, e_s = \infty, and e_s = 1.
- Market Structures: The 2019 paper asks about monopolistically competitive markets and perfect competition.
Worked Example: Calculating Price Elasticity of Demand
The 2018 paper asks a calculation question on price elasticity. Here is a worked example using original numbers to show the method.
Question: When the price of a commodity falls from Rs. 50 per unit to Rs. 40 per unit, the demand rises from 20 units to 25 units. Find the price elasticity of demand.
Solution:
- Initial Price (P1) = Rs. 50, New Price (P2) = Rs. 40
- Initial Quantity (Q1) = 20 units, New Quantity (Q2) = 25 units
- Change in Price (\Delta P) = 40 – 50 = -10
- Change in Quantity (\Delta Q) = 25 – 20 = 5
- Formula: E_d = \frac{\Delta Q}{\Delta P} \times \frac{P1}{Q1}
- Substitute: E_d = \frac{5}{-10} \times \frac{50}{20}
- Calculate: E_d = -0.5 \times 2.5 = -1.25
The price elasticity of demand is -1.25. The negative sign shows the inverse relationship between price and demand. You take the absolute value, so the answer is 1.25. Since the value is greater than 1, demand is elastic.
How to Use These Papers for Preparation
These quarterly tests show you the exact format and difficulty level of school exams. Use them to practice writing answers within the 135-minute time limit.
- Attempt Part I first: The 40-mark section has short 2-mark questions. Write crisp, to-the-point definitions.
- Choose four questions in Part II: The 60-mark section has 7-mark and 8-mark questions. Pick the ones you know best.
- Practice diagrams: Market structure questions often need diagrams for monopoly or perfect competition.
- Time yourself: Spend the first 45 minutes on Part I. Use the remaining 90 minutes for Part II.
Common Mistakes Students Make
- Confusing stock and supply: Stock is the total quantity available. Supply is the quantity offered for sale at a given price. Both papers ask you to distinguish them.
- Forgetting the negative sign in elasticity: Price and demand move in opposite directions. The formula gives a negative value. State the absolute value as the final answer.
- Writing vague definitions: A 2-mark question needs a precise definition. Do not write a full paragraph when the paper asks for a definition.
- Ignoring mark tags: An 8-mark question needs four distinct points. A 7-mark question needs three to four points. Match your answer length to the marks.
Marking Guidance from the Paper Tags
The mark tags in the papers tell you how much to write. The 2019 paper shows clear tags like (7) and (8) next to questions.
- 2-mark questions: Write one clear definition or two key features. Keep it to two or three lines.
- 7-mark questions: Explain three points with examples. Use headings or bullet points for clarity.
- 8-mark questions: Explain four points. Diagrams help secure full marks in market structure questions.
Frequently Asked Questions
How many quarterly test papers are available for download?
There are 2 quarterly test papers available for download. They cover the Economic Applications subject for the years 2018 and 2019.
What is the time allowed for the 2018 quarterly test?
The 2018 quarterly test allows 2 hrs. + 15 min. for the 100-mark exam.
What is the time allowed for the 2019 quarterly test?
The 2019 quarterly test allows 2 Hrs. 15 mints for the 100-mark exam.
Do these papers include solutions?
No, these papers are the test question papers only. They do not include solutions. You can use your Economic Applications textbook to solve the questions.
What topics appear most in these quarterly tests?
The recurring topics are price elasticity of demand, monopoly market, stock vs. supply, and supply elasticity. These appear in both the 2018 and 2019 papers.
More ICSE study material on this site
Reference: CISCE-aligned ICSE Class 10 textbook material.