By the Ajay Vatsyayan Classes Home Tutors Team · Reviewed by Ajay Vatsyayan (Founder; B.Tech; IB and Cambridge IGCSE experienced). Last reviewed: 30 September 2026.
Ajay Vatsyayan Classes provides one-to-one economics home tuition in Gurgaon for Classes 11 and 12 (CBSE and ISC), for ICSE and Cambridge IGCSE economics in Classes 9 and 10, for the IB Diploma, and for the CUET (UG) economics test. A tutor from our Home Tutors Team teaches at your home or in live online classes, follows the school syllabus, and builds the two skills economics papers reward most: correct diagrams and clear, well-structured answers. You meet the tutor in a free demo class before you decide.
We have taught in Gurgaon (Gurugram) for 12+ years, with 25,000+ students, 500+ verified tutors and families from 50+ Gurgaon schools. This page is our economics hub: how each board examines economics, what the CBSE and ISC 2026–27 documents say, how CUET fits in, and how our economics tutors work.
Every session is one tutor with one student, at home or online. The tutor starts with a short diagnostic, writes a plan around the school calendar, and then teaches in a steady weekly cycle.
We teach the "why" before the "what": a student who can explain why the multiplier works remembers the definition too. Home and online sessions use the same tutor and plan.
Economics appears in different forms and at different ages across boards. Sources: the CBSE 2026–27 curriculum on cbseacademic.nic.in; the ICSE and ISC 2027 syllabuses and regulations on cisce.org; the Cambridge IGCSE Economics 0455 syllabus for 2027–2029 on cambridgeinternational.org; and the IB Economics guide (first assessment 2022). Checked on 30 September 2026.
| Board and course | Classes | How economics is examined | What to watch |
|---|---|---|---|
| CBSE Social Science (087) | 9–10 | Class 10: Economics (Understanding Economic Development) is 20 marks of the Social Science paper | CBSE says the Class 9 course structure for 2026–27 "will be provided shortly" (not confirmed yet) |
| CBSE Economics (030) | 11–12 | 80-mark, 3-hour theory paper plus a 20-mark project | Class 11 is examined by the school; Class 12 is the board exam |
| ICSE Economics (64) | 9–10 | One 2-hour, 80-mark paper plus 20 marks of internal assessment | Cannot be combined with Economic Applications, a separate ICSE subject |
| ISC Economics (856) | 11–12 | 80-mark, 3-hour theory paper plus 20 marks for two projects | Micro Economic Theory (demand, supply, markets) is a Class 12 unit |
| Cambridge IGCSE Economics (0455) | 9–10 (Years 10–11) | Paper 1: 40 multiple-choice questions, 1 hour (30%); Paper 2: structured questions, 2 hours, 80 marks (70%) | Six topics, from the basic economic problem to international trade |
| IB Diploma Economics | 11–12 | SL: two papers (70%) and an internal assessment (30%); HL: three papers (80%) and internal assessment (20%) | Internal assessment is a portfolio of three commentaries on news articles |
Many commerce families also need Accountancy and Business Studies; see our accountancy tuition in Gurgaon and business studies tuition in Gurgaon pages. Board-specific pages: ISC home tutors for Class 11–12, IGCSE home tutors in Gurgaon and IB home tutors in Gurgaon.
In CBSE Class 10, the economics chapters are Development, Sectors of the Indian Economy, Money and Credit, and Globalisation and the Indian Economy (partly assessed through an internal project), with Consumer Rights as project work. ICSE Class 10 Economics covers the productive mechanism, demand and supply, the market, banking in India, inflation and consumer awareness. Cambridge IGCSE covers the basic economic problem, allocation of resources, microeconomic decision-makers, government and the macroeconomy, economic development, and international trade and globalisation. For other subjects in these years, see our Class 9 tuition in Gurgaon and Class 10 tuition in Gurgaon pages.
CBSE Economics is 80 theory marks and a 20-mark project in both years. Class 11 is Statistics and Microeconomics; Class 12 is Macroeconomics and Indian Economic Development.
| Class | Part and unit | Marks |
|---|---|---|
| 11 | Statistics: Introduction; Collection, Organisation and Presentation of Data | 15 |
| Statistics: Statistical Tools and Interpretation (mean, median, mode, correlation, index numbers) | 25 | |
| Microeconomics: Introduction (central problems, production possibility frontier) | 4 | |
| Microeconomics: Consumer's Equilibrium and Demand | 14 | |
| Microeconomics: Producer Behaviour and Supply | 14 | |
| Microeconomics: Perfect Competition and Price Determination | 8 | |
| 12 | Macroeconomics: National Income and Related Aggregates | 10 |
| Macroeconomics: Money and Banking | 6 | |
| Macroeconomics: Determination of Income and Employment | 12 | |
| Macroeconomics: Government Budget and the Economy | 6 | |
| Macroeconomics: Balance of Payments | 6 | |
| Indian Economic Development: Development Experience (1947–90) and Economic Reforms since 1991 | 12 | |
| Indian Economic Development: Current Challenges facing the Indian Economy | 20 | |
| Indian Economic Development: Development Experience of India, a comparison with neighbours | 8 |
For the whole commerce combination, see our CBSE Class 11 and 12 home tutors (PCM, PCB, Commerce) and Class 12 tuition in Gurgaon pages. Still choosing a stream? Read which stream to choose after Class 10.
From our tutors: in Class 12 macroeconomics, the marks students lose most often are in diagrams drawn from memory: an aggregate demand line with no intercept, or an equilibrium point with no labels. We ask students to explain every diagram in one sentence before drawing it ("savings equal investment where…"). Once they can say it, the labels follow, and the long answers become shorter and clearer.
Is your child finding Class 11 statistics or Class 12 macroeconomics harder than expected? Book a free demo class. The tutor will run a short diagnostic and tell you honestly what needs work.
Book a Free Economics Demo +91 92204 75088ISC Economics has an 80-mark, 3-hour theory paper and a 20-mark project component (two projects of 10 marks each) in both Class 11 and Class 12. The theory paper has Part I (20 marks of compulsory short-answer questions across the syllabus) and Part II (60 marks: five questions from eight, 12 marks each). Source: CISCE's ISC Year 2027 Economics syllabus.
The structure differs from CBSE in a way that matters: an ISC student meets consumer and producer theory in Class 12, alongside all of macroeconomics, so Class 12 is heavier. ISC long answers also carry 12 marks each, which rewards a clear plan: definition, explanation with a diagram or Indian example, and a short conclusion.
CUET (UG) is the entrance test for many central and other universities. In the NTA's CUET (UG) 2026 Information Bulletin, Economics/Business Economics is a domain subject (code 309). Each test has 50 compulsory questions in 60 minutes, marked +5 for a correct answer and −1 for a wrong one, and candidates choose up to five subjects including languages and the General Aptitude Test. Domain subjects follow the NCERT syllabus. In 2026 the computer-based test was scheduled for 11–31 May (tentative). Check the current bulletin and subject syllabus on cuet.nta.nic.in; the 2027 details were not published when we checked.
Because CUET follows NCERT, board study and CUET study overlap heavily. What CUET adds is speed and precision under negative marking. Our tutors add short timed sets once each board chapter is done: definitions, reading a diagram, numericals on national income and the multiplier, and statement-based questions.
From our tutors: students who write strong board answers are sometimes slow at CUET, because they want to work every option out in full. We teach them to spot the key word in the question (average or marginal, real or nominal, stock or flow) before reading the options. Many questions become quick once that word is clear.
Both are the kind of question our tutors set in Classes 11 and 12, and both were checked by calculation.
The price of a good rises from ₹10 to ₹11 and the quantity demanded falls from 100 units to 80. Find the price elasticity of demand.
Percentage change in price = (11 − 10) ÷ 10 × 100 = 10%.
Percentage change in quantity = (80 − 100) ÷ 100 × 100 = −20%.
Ed = −20% ÷ 10% = −2, so the elasticity is 2 in magnitude: demand is elastic.
Check with total expenditure: ₹10 × 100 = ₹1,000 before, ₹11 × 80 = ₹880 after. Spending falls when price rises, which confirms elastic demand. Common error: dividing the price change by the quantity change.
The marginal propensity to consume (MPC) is 0.8. Investment rises by ₹200 crore. Find the multiplier and the increase in income.
k = 1 ÷ (1 − MPC) = 1 ÷ 0.2 = 5.
Increase in income = k × increase in investment = 5 × 200 = ₹1,000 crore.
Of this, consumption rises by 0.8 × 1,000 = ₹800 crore and saving by ₹200 crore, which equals the new investment.
Answer: k = 5; income rises by ₹1,000 crore. Common error: using 1 ÷ MPC instead of 1 ÷ MPS.
You can ask for a male or female tutor. The same tutor can teach Economics alongside Accountancy or Business Studies where that suits your child, always one-to-one. We do not promise marks; we promise the current syllabus, a clear plan and honest feedback after every test.
Our tutors visit homes across Gurgaon, and online classes are available everywhere. Area pages: home tutors in DLF Phase 1, DLF Phase 3, Sectors 40–43 (Sushant Lok and South City), Sectors 44–49 (Sohna Road), Sectors 60–69 (Golf Course Extension Road), Sectors 90–99 (New Gurgaon) and Dwarka Expressway.
We teach economics students from schools such as:
(We are not affiliated with any school named here.)
Looking for an economics home tutor in Gurgaon near your sector, for the boards or CUET? Tell us your area, board, class and subjects, and we will match a tutor and arrange a free demo class.
Book a Free Economics Demo +91 92204 75088Both. Our tutors visit homes across Gurgaon, including DLF, Golf Course Road, Sohna Road, South City, New Gurgaon and Dwarka Expressway, and also teach live online classes one-to-one.
CBSE and ISC Classes 11 and 12; ICSE and Cambridge IGCSE economics in Classes 9 and 10; CBSE Class 9 and 10 economics as part of Social Science; the IB Diploma (SL and HL); and CUET (UG) economics.
The NTA's 2026 bulletin says CUET domain subjects follow the NCERT syllabus, so the content overlaps with CBSE. The difference is the format: 50 compulsory multiple-choice questions in 60 minutes with negative marking. Check the current subject syllabus on cuet.nta.nic.in.
Yes. We can arrange one-to-one tuition in all three commerce subjects, with one tutor or with subject specialists, depending on your child's needs.
Not harder, but arranged differently. ISC places microeconomic theory in Class 12 with macroeconomics, while CBSE places it in Class 11. ISC Part II answers carry 12 marks each, so structured long answers matter more.
One-to-one home tuition with us usually costs ₹600 to ₹3,000 per hour depending on class, board and subject. Our guide to home tuition charges in Gurgaon explains what is fair.
An economics tutor from the Ajay Vatsyayan Classes Home Tutors Team, matched to your child's board, class and location. All economics content is reviewed by our founder, Ajay Vatsyayan. You meet the tutor in the free demo first.
Ajay Vatsyayan Classes, Saraswati kunj II, Wazirabad, Sector 52, Gurugram, Haryana 122003 · +91 92204 75088.