Class XI Economics Projects

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Questions and Answers

Which component of the marking scheme carries the highest weightage?

Relevance of the topic
Knowledge Content/Research
Viva-Voce (correct)
Presentation Technique

According to the marking scheme, the 'Presentation Technique' is worth more than the 'Relevance of the topic'.

False (B)

According to the suggested projects, what economic concept is demonstrated when analyzing the impact of a farmer's bumper production?

supply and demand

According to the suggested projects, analyzing the impact of a price change on a ______ good is a suitable project.

<p>complement</p> Signup and view all the answers

Match the project topics with the economic concepts they primarily relate to:

<p>Effect on PPC due to various government policies = Production Possibility Curve Invisible Hand (Adam Smith) = Free Market Economy Opportunity Cost as an Economic Tool = Trade-offs and resource allocation Effect of price Change on a Substitute = Cross-price elasticity of demand</p> Signup and view all the answers

Flashcards

Relevance of Topic

The worthiness or applicability of the selected topic, demonstrating its direct connection to the assignment's objectives.

Knowledge Content/Research

Refers to the depth of understanding, the accuracy, and breadth of information, and research incorporated into the project.

Presentation Technique

The method and style used to convey information, which should be clear, engaging, and effective in capturing the audience's attention.

Viva-Voce

An oral examination to assess the depth of understanding and ability to articulate the concepts related to the project.

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Opportunity Cost

The cost of the next best alternative when making a decision, weighing potential tradeoffs or lost opportunities.

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Study Notes

Marking Scheme

Relevance of the topic is allotted 3 marks
Knowledge Content/Research: 6 marks
Presentation Technique: 3 marks
Viva-Voce: 8 marks

Suggestive List of Projects for Class XI

Effect on PPC due to various government policies
Opportunity Cost as an Economic Tool (taking real life situations)
Effect on equilibrium Prices in Local Market (taking real life situation or recent news)
Solar Energy, a cost Effective Comparison with Conventional Energy Sources
Any other newspaper article and its evaluation on the basis of economic principles
Invisible Hand (Adam Smith)
Effect of price Change on a Subs (taking prices from real life visiti
Effect of price Change on a Common Good (taking prices from real life market)
Bumper Production-Boon or Bane for Farmer
Any other topic