Course Overview

Grade 7 EMS ICSE curriculum introduces students to foundational concepts of economics and business. Learners explore key topics such as income, budgeting, savings, and responsible spending. The course builds an understanding of supply and demand, goods and services, and market operations. Students are introduced to basic business structures like sole proprietorships and partnerships. Real-life simulations and case studies enhance decision-making and financial literacy. Entrepreneurial thinking is encouraged through small business planning activities. Ethical issues in business and the role of government in the economy are discussed. The subject prepares students to become informed, responsible, and capable economic participants.