economics case study grade 12 2023

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Class 12 Economics Case Study Questions

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In this article, we will discuss how to download CBSE class 12 Economics Case Study Questions from the myCBSEguide App and our Student Dashboard for free. For the students appearing for class 12 board exams from the commerce/ humanities stream, Economics is a very lucrative and important subject. It is a very high-scoring subject that aids the students to increase their percentile and excel in academics.

The exam is divided into 2 parts:

• Macro Economics
• Indian Economics Development

12 Economics Case Study Questions

CBSE introduced case-based questions for class 12 in the year 2021-22 to enhance critical thinking in students. CBSE introduced a few changes in the question paper pattern to enhance and develop analytical and reasoning skills among students. Sanyam Bharadwaj, controller of examinations, CBSE quoted that the case-based questions would be based on real-life situations encountered by students.

The purpose was to drift from rote learning to competency and situation-based learning. He emphasized the fact that it was the need of the hour to move away from the old system and formulate new policies to enhance the critical reasoning skills of students. Introducing case study questions was a step toward achieving the goals of the National Education Policy (NEP) 2020.

What is a Case Study Question?

As part of these questions, the students would be provided with a comprehensive passage, based on which analytical questions will have to be solved by them. The students will have to read the given passage thoroughly before attempting the questions. In The current examination cycle (2021-22), case-based questions have a weightage of around 20%.

Types of Case Study Questions in Economics

CBSE plans to increase the weightage of such questions in the following years, so as to enhance the intellectual and analytical abilities of the students. Case-based questions are predominantly of 3 types namely:

• Inferential

Local questions

Local questions can be easily solved as the answers are there in the given passage itself.

Global Questions

For Global questions, the students will have to read the passage in depth, analyze it and then solve it.

Inferential questions

Inferential questions are the ones that would require the student to have complete knowledge of the topic and could be answered by application of the concepts. The answers to such questions are tricky and not visible in the given passage, though the passage would highlight the concept on which the questions would be asked by CBSE.

HOTS Questions in Class 12 Economics

Personally, the concept of case-based questions is not new since CBSE has always included questions based on Higher Order Thinking Skills (HOTs). Though now we will have an increased percentage of such questions in the question paper.

Advantages of Case-based Questions

Class 12 Economics has two books and CBSE can ask Case study questions from any of them. Students must prepare themselves for both the books. They must practice class 12 Economics case-based questions as much as possible.

Case study questions:

• Enhance the intellectual and analytical abilities of the students.
• Provide a complete and deeper understanding of the subject.
• Inculcate intellectual reasoning and scientific temperamental in students.
• Help students retain knowledge for a longer time.
• Would definitely help to discard the concept of memorizing insanely and cramming without a factual understanding of the content.
• The questions would help to terminate the existing system of education in India that promotes rote learning.

Sample case study questions (Economics) class 12

Here are some case study questions for CBSE class 12 Economics. If you wish to get more case study questions and other related study material, download the myCBSEguide App now. You can also access it through our Student Dashboard.

Case Study 1

Keeping in view the continuing hardships faced by banks in terms of social distancing of staff and consequent strains on reporting requirements, the Reserve Bank of India has extended the relaxation of the minimum daily maintenance of the CRR of 80% for up to September 25, 2020. Currently, CRR is 3% and SLR is 18.50%.

“As announced in the Statement of Development and Regulatory Policies of March 27, 2020, the minimum daily maintenance of CRR was reduced from 90% of the prescribed CRR to 80% effective the fortnight beginning March 28, 2020 till June 26, 2020, that has now been extended up to September 25, 2020,” said the RBI.

Q.1 The full forms of CRR and SLR are:

• Current Reserve Ratio and Statutory Legal Reserves
• Cash Reserve Ratio and Statutory Legal Reserves
• Current Required Ratio and Statutory Legal Reserves
• Cash Reserve Ratio and Statutory Liquidity Ratio (ans)

Q.2 What will be the value of the money multiplier?

• None of these

Q.3 SLR implies:

• a) Certain percentage of the total banks’ deposits has to be kept in the current account with RBI
• b) Certain percentage of net total demand and time deposits have to be kept by the bank themselves (ans)
• c) Certain percentage of net demand deposits has to be kept by the banks with RBI
• d) None of the above

Q.4 Decrease in CRR will lead to __.

• a) fall in aggregate demand in the economy
• b) rise in aggregate demand in the economy (ans)
• c) no change in aggregate demand in the economy
• d) fall in the general price level in the economy

Case Study 2

An important lesson that the COVID-19 pandemic has taught the policymakers in India is to provide greater impetus to sectors that make better allocation of resources and reduce income inequalities. COVID-19 has also taught a lesson that in crisis the population returns to rely on the farm sector. India has a large arable land, but the farm sector has its own structural problems. However, directly or indirectly, 50 percent of the households still depend on the farm sector. Greater support to MSMEs, higher public expenditure on health and education and making the labour force a formal employee in the economy are some of the milestones that the nation has to achieve.

One of the imminent reforms to be done in the country is labour reforms. Labour laws are outmoded in India, and some of these date back to the last century.

India’s complex labour laws have been blamed for keeping manufacturing businesses small and hindering job creation. Industry hires labour informally because of complex laws and that is responsible for low wages.

• Which types of structural problems are faced by the agricultural sector?
• “It is necessary to create employment in the formal sector rather than in the informal sector.’’ Defend or refute the given statement with valid argument.
• Hired labour comes in …………………. (Informal organisation / formal organisation)
• What do you mean by MSMEs?

Case Study 3

People spend to acquire information relating to the labour market and other markets like education and health. This information is necessary to make decisions w.r.t investment in human capital and its efficient utilization. Thus, expenditure incurred for acquiring information relating to the labour market and other markets is also a source of human capital formation.

Q1. Which of the following is the source of human capital formation in India?

• Acquiring information
• All of these (ans)

Q2. Education provides

• Private benefit
• Social benefit
• Both 1) and 2) (ans)

Q3. __ persons contribute more to the growth of an economy.

Q4. Training given by a company to its employees is generally__________

• Investment (ans)
• Social wastage
• Both 1) and 2)

Tips to Solve Case Study Questions in Economics

Let’s understand how you can solve case study questions in class 12 Economics. The two books are Macroeconomics and Indian Economic Development.

• Read the passage thoroughly
• Can follow a reversal pattern, especially macroeconomics questions, i.e. read questions first and then look for the answers in the passage.
• In case the question asked is about Indian Economic Development, read the passage very carefully as most of the answers would be hidden in the passage itself.
• Macro Economics questions will be more application-based and would test your conceptual clarity.
• Answer briefly and precisely.

Important Chapters – Economics Case Study Questions

Following are some of the very important topics that need to be prepared very thoroughly under CBSE class 12 Economics. We expect that CBSE will certainly ask case-based questions from these chapters.

• National income and its aggregates
• Government budget
• Current challenges faced by the Indian economy

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CBSE Class 12 Economics Important Case Study Based Questions for 2023 Board Exams

Cbse class 12 economics important case study based questions: class 12th economics exam is just a few hours away. get important case study questions to practice before cbse class 12 economics board examinations scheduled to be conducted on march 17, 2023. .

Important Case Study Based Questions for CBSE Class 12 Economics Board Exam 2023

Read the following case study paragraph carefully and answer the questions on the basis of the same..

Q1 The central bank of India i.e. Reserve Bank of India, is the apex institution that control the entire financial market. It's one of the major functions is to maintain the reserve of foreign

exchange. Also, it intervenes in the foreign exchange market to stabilise the excessive fluctuations in the foreign exchange rate.

In other words, it is the central bank's job to control a country's economy through monetary policy; if the economy is moving slowly or going backward, there are steps that central bank can take to boost the economy. These steps, whether they are asset purchases or printing more money, all Involve injecting more cash into the economy. The simple supply and demand economic projection occur and currency will devalue.

When the opposite occurs, and the economy is growing, the central bank will use various methods to keep that growth steady and in-line with other economic factors such as wages and prices.

Whatever the central bank does or in fact don't do, will affect the currency of that country.

Sometimes, it is within the central bank's interest to purposefully effect the value of a currency.

For example, if the economy is heavily reliant on exports and their currency value becomes too high, importers of that country's commodities will seek cheaper supply; hence directly effecting the economy.

1 Which of the following tools are used by the central bank to control the flow of money in domestic economy?

(a) Fiscal tools (b) Quantitative monetary tools

(c) Qualitative monetary tools (d) Both (b) and (c)

• a) Tighten the money supply in the economy
• b) Ease the money supply in the economy
• c) Allow commercial banks to work under less strict environment
• d) Both (b) and (c)

3 Which of the following steps should be taken by the central bank if there is an excessive rise in the foreign exchange rate?

(a) Supply foreign exchange from its stock

(b) Demand more of other foreign exchange

(c) Not intervene in the market as the exchange rate is determined by the market forces

(d) Help central government to stabilize the foreign exchange rate.

Answer: 

1(d) Both (b) and (c)

2(a) Tighten the money supply in the economy

3(a) Supply foreign exchange from its stock

Q2 Changes in aggregate demand bring about changes in the level of output, employment, income, and price. These changes are generally cyclical in nature. These changes, more generally, follow a cycle of four different stages namely boom, recession, depression and recovery. The cyclical nature of economic activity is known as trade cycle or business cycle. Boom is a stage of economic activity characterized by rising prices, rising employment, rising purchasing power.

• During the time of ‘excess demand’, Govt. should .................. the public expenditure.
• a) Reduce b) increase c) unchanged d) none of these.
• Investment depends on: a) Supply b) income c) saving d) Both (a) and (c)

Answer: Income.

Q3 In the modern world, govt. aims at maximizing the welfare of the people and the country. It

requires various infrastructure and economic welfare activities. These activities require huge govt. spending through appropriate planning and policy. Budget provides a solution to all these concerns. Budget is prepared by the government at all levels.

Estimated expenditure and receipts are planned as per the objectives of the government. In India, budget is prepared by the parliament on such a day as the president may direct. The parliament approves the budget before it can be implemented. The receipts and expenditures as shown in the budget are only the estimated values for the upcoming fiscal year, and not the actual figure.

• a) Reallocation of resources.
• b) Re distribution of income
• c) Reducing expenditure
• d) Economic stability.

Answer: c) Reducing expenditure

Answer: False

Q4 India’s balance of payments position improved dramatically in 2013-14 particularly in the last three quarters. this moved in large part to measure taken by the government and the Reserve Bank of India (RBI) and eat some part to the overall macro-economic slowdown that fed into the external sector. current account deficit (CAD) declined sharply from a record high of U.S. dollar 88.2 billion (4.7% of GDP) in 2012 -1/3 to U.S. dollars 32.4 billion (1.7% of GDP) in 2013 -14. After staying at perilously unsustainable levels off well over 4.0 percentage of GDP in 2011 -12 and 2012 -13, the improvement in BOP position is a welcome relief, and there is need to sustain the position going forward. This is because even as CAD came down, net capital flows moderated sharply from U.S. dollars 92.0 billion in 2012 -13 do U.S. dollar 47.9 billion in 2013-14, that two after a special swap window of

The RBI under the nonresident Indian (NRI) scheme / overseas borrowings of banks alone yielded U.S. dollar 3 4.0 billion. This led to some increase in the level of external debt, but it has remained at the manageable levels. the large depreciation of the rupee during the course of the year, note with standing sizable accretion to reserve in 2013 – 14, could partly be attributed to frictional forces and partly to the role of expectations in the forex market. the rupiah has stabilized the recently, reflecting an overall sense of confidence in the forex market as in the other financial markets of a change for better economic

prospects there is a need to nurture and build upon this optimism through creation of an enabling environment for investment inflows so as to sustain the external position in an as yet uncertain global milieu. --------- The Hindu, archives

• a) credit, capital account
• b) debit, capital account
• c) credit, current account
• d) debit, current account
• a) current account
• b) revenue account
• c) capital account
• d) official reserves
• a) outward flow of foreign exchange
• b) inward flow of foreign exchange
• c) decrease in the level of external debt
• d) decrease in future claims

Answers: 1.b 2. c 3. b 4. d

Q5 The green revolution for the third agricultural revolution is the set of research technology

e-transfer initiatives earring between GNE E and the late 1960 that increased agricultural

production worldwide beginning most markedly in the late 1960 the initiative resulted in

the adoption of new technologies including high yield varieties of CSR rules of cells

especially does wheat and rice it was associated with chemical fertilizers agrochemicals

and controlled water supply and newer methods of cultivation including machine isolation

National bank for agriculture and rural development is and apex development finance

institution fully owned by government of India the bank has been entrusted with Martyrs

concerning policy planning and operations in the field of credit for agriculture and other

economic activities in rural areas in India.

1 Who among the following is known as the father of green revolution

(a) Dr. M S Swaminathan

(b) Dadabhai Naoroji

(c) Vikram Sarabhai

(d) all of these

2 Green revolution is also known as ..................

(a) Golden revolution

(b) milk revolution

(c) Wheat revolution

(d) None of this

3 Which of the following institutions were setup as the apex body in rural areas to support the small farmers in the adoption of modern farming methods?

4 Green revolution was the ............... set of agricultural reforms brought in India

Answer: 1 (a) 2 (c) 3 (d) 4(c)

• Narasimha Rao. This policy opened the door of the India Economy for the global exposure for the first time. In this New Economic Policy P. V. Narasimha Rao governmentreduced the import duties, opened reserved sector for the private players, devalued the Indian currency to increase the export. This is also known as the LPG Model of growth. New Economic Policy refers to economic liberalization or relaxation in the import tariffs, deregulation of markets or opening the markets for private and foreign players, and reduction of taxes to expand the economic wings of the country. Former Prime Minister Manmohan Singh is considered to be the father of New Economic Policy (NEP) of India. Manmohan Singh introduced the NEP on July 24,1991. Main Objectives of New Economic Policy – 1991, July 24 The main objectives behind the launching of the New Economic policy (NEP) in 1991 by the union Finance Minister Dr. Manmohan Singh are stated as follows:

The main objective was to plunge Indian Economy in to the arena of ‘Globalization and to give it a new thrust on market orientation. The NEP intended to bring down the rate of inflation.

1 New Economic Policy of India was launched in the year 1991 under the

• P. V. Narasimha Rao
• Atal Bihari Bajpayi
• Sharad Pawar
• None of these

2 .................................. is also known as the LPG Model of growth. ((choose

the correct alternative)) (New Economic Policy / New Education Policy)

Answer: New Economic Policy

3 State whether the given statement is true or false:

Former Prime Minister Manmohan Singh is considered to be the father of New Economic Policy (NEP) of India. ((choose the correct alternative))

True / False

Answer: True

Q7 Both forms of capital formation are the outcomes of conscious investment decisions. The decision regarding investment in physical capital is taken on the basis of one’s knowledge in this regard. The ownership of physical capital is the outcome of the conscious decision of the owner the physical capital formation is mainly an economic and technical process.

Human capital formation takes place in one’s life when she/he is unable to decide whether it would maximize her/his earnings. Children are given different types of school education and health care facilities by their parents and society. Moreover, the human capital formation at this stage is dependent upon the already formed human capital at the school level. Human capital formation is partly a social process and partly a conscious decision of the possessor of the human capital.

• a) Human capital is intangible whereas physical capital is tangible.
• b) Human capital can cope up with the changing technology whereas physical cannot.
• c) Human capital generates both personal and societal benefits whereas physical capital generates only personal benefit.
• d) Human capital gets obsolete with time whereas physical capital does not.
• In the context of the paragraph, it can be argued that human capital depreciates faster than the physical capital. The given statement is:
• c) Partially true
• d) can’t comment due to lack of proper estimation mechanism
• Machines and industrial tools are examples of _
• a) Physical capital
• b) Human capital
• c) Both physical and human capital
• d) Natural capital
• Investment in education by parents is the same as_______
• a) Investment in intermediate goods by companies
• b) Investment in CSR activity by companies
• c) Investment in capital goods by companies
• d) None of the above

Answer: – c) Investment in capital goods by companies

Q8 The central government will spend Rs. 9800 crores on livestock development over the next five years in a bid to leverage almost Rs. 55000 crore of outside investment into the Animal Husbandry Sector. It would do this by merging a slew of schemes of the Department of Animal Husbandry and Dairying into three main programmes, focused on indigenous cows and dairy development, livestock health and infrastructure development, an official statement said. The Cabinet Committee on Economic Affairs approved the implementation of the special livestock sector package by revising and realigning the various components of the existing schemes in order to boost growth and make animal husbandry more remunerative for the 10 crore farmers engaged in it.

1) Livestock production provides ------------- for the family without disrupting other food producing activities

(a)Increased stability in income 

(b) food security

(c)transport and fuel 

Answer: (d) all of these

2) The central bank undertakes to invest on livestock development in ----------- (horticulture/ animal husbandry) sector

Answer: animal husbandry

3) State one limitation of livestock sector in India

Answer: The livestock productivity is quite low as compared to other countries

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CBSE Class 12 Economics Project Guide 2023-24

Class 12 marks the end of the senior secondary journey for students, and apart from gaining theoretical knowledge, students also need to work on practical projects to put their knowledge to the test. Students studying the Class 12 Economics subject must submit a Class 12 Economics Project. This project is not just a task; it’s your opportunity to delve into the intricate world of economics, applying the theories and concepts you’ve mastered throughout the year.

Moreover, the Economics class 12 project is a means of assessment and a platform to showcase your understanding and creativity. Projects aren’t just about scoring marks; they’re about exploring real-world scenarios, analyzing economic trends, and presenting solutions with in-depth research.

Students appearing for the Class 12th Economics exam must submit an Economics Project of Class 12 work that is a part of the evaluation. 

The project is worth 20 marks, based on the  class 12 economics syllabus  and must be made per the CBSE’s guidelines. In this post, we will discuss the Economics class 12 project work.

Also Check:  CBSE Class 12 Accountancy Project

CBSE Class 12 Economics Project Guidelines 2023-24

The Class XII Economics project holds a position as it enriches your understanding of principles and their real-world applications. CBSE provides guidelines for the economics class 12 project on its website. 

When working on the project, students should keep the following points in mind:

• Students will complete one project per academic session.
• The project must consist of 3,500-4,000 words (excluding diagrams & graphs), handwritten preferably. 
• This project should represent an independent piece of study.

Additionally, here is a checklist for the Economics Project of Class 12;

Expected Checklist:

• Introduction of topic/title
• Identifying the causes, consequences and/or remedies
• Various stakeholders and the effect on each of them
• Advantages and disadvantages of situations or issues identified
• Short-term and long-term implications of economic strategies suggested in the course of
• Validity, reliability, appropriateness and relevance of data used for research work and
• for presentation in the project file
• Presentation and writing that is succinct and coherent in the project file
• Citation of the materials referred to in the file in footnotes, resources section, bibliography, etc.

Marking scheme of CBSE Economics Project Work of Class 12th 2023-24

Your Class 12 Economics Project evaluation is extremely important in determining your overall score. Several important requirements are made clear in the CBSE marking scheme. A complete table of the mark distribution for the Economics Project file is as below:

Viva of Economics Project Class 12th 2023-24

According to the marking scheme, the Economics Project viva session of Class 12 is an important part of the assessment process because it allows students to verbally articulate and convey their projects’ approaches, conclusions, and insights. This interactive session aids the evaluator in determining student comprehension. 

Also, vivas seek to develop critical thinking abilities while boosting communication and delving deeper into the topic matter for an in-depth evaluation of every student’s understanding and skills.

Objectives of 12th Economics Project 2023-24

The objectives of the 12th Economics Project are to:

• Deepen their understanding of theoretical concepts covered in classes XI and XII; 
• Analyze real-world economic scenarios using theoretical constructs;
• Demonstrate learning of economic theory;
• Follow aspects of economics that spark learners’ interests;
• Developing communication and logic-based debating techniques.

CBSE Class XII Economics Project Work Ideas 2023-24

A list of 12th Economics project topics is available on the CBSE website. Students must check the class 12 economics project PDF to check the topics and have a discussion with their particular teachers. A few topics are as follows:

• Micro and Small Scale Industries  
• Food Supply Channel in India
• Contemporary Employment situation in India 
• Disinvestment policy of the government
• Goods and Services Tax Act and its Impact
• Health Expenditure (of any state)
• Human Development Index  
• Inclusive Growth Strategy
• Self-help group  
• Trends in Credit availability in India
• Monetary Policy Committee and its functions  
• Role of RBI in Control of Credit
• Government Budget & its Components  
• Trends in budgetary condition of India
• Exchange Rate determination – Methods and Techniques
• Currency War – reasons and repercussions
• Any other topic

How to Prepare For the Economics Project of Class 12th 2023-24?

After each academic session, students must present their research work to examiners from within and outside the institution for evaluation. Examiners will ask questions about the student’s Research Work/Project File during the viva. Learners must submit their work for evaluation; if there are any doubts, teachers must verify its authenticity.

Now let’s understand how to prepare for your Economics Project:

• Choosing a Topic:  Select a topic from the class 12 Economics project topics that aligns with the curriculum. Additionally, it’s crucial to be interested in the topic as it fuels research and analysis.
• Conducting In-Depth Research:  Engage in research by gathering data, case studies, and scholarly articles for your project. A researched project forms the foundation for analysis.
• Following a Format:  Students must adhere to the presentation format, which typically includes sections like introduction, methodology, analysis, findings, and conclusion. Organizing your presentation in a manner that ensures clarity while showcasing your skills.
• Include Visual Aids:  Improve your project report by incorporating aids like graphs, charts, and tables that visually represent data. This demonstrates our commitment to presenting all information in a manner.
• Preparing for Viva Session:  Anticipate questions regarding your project well, such as general economic concepts. Practice expressing your ideas and prepare to present your thoughts and research approach during the viva voce session. This will help you boost your confidence and deliver your project file in a project file.

Q1. How to prepare for the Economics Project Class 12?

Ans: Prepare methodically by selecting a topic that is both relevant and interesting. Conduct thorough research, follow the project format, incorporate visual aids, apply original analysis, and prepare for viva questions. Practice your presentation skills for completing a well-structured and complete project.

Q2. Can we get a Class 12 Economics Project Topic Idea from the NCERT Books?

Ans: While NCERT texts give fundamental information, try extending your look for project topics beyond them. Aim for current topics or themes that are relevant to the curriculum. Because originality is encouraged, use NCERT books as your foundation but extend your research.

Q3. Is it compulsory to prepare for the CBSE Economics Project Class 12 ?

Ans: Yes, the Class XII Economics Project is a compulsory part of the CBSE curriculum. 

Q4. How to prepare for Class 12 Economics Project Viva-Voce?

Ans: Prepare for your viva voce by considering all possible questions about your project and other economic concepts. Practice confidently expressing your thoughts, highlighting your project’s methodology, findings, and implications.

Q5. What are the important questions for Economics VIVA?

Ans: Viva questions may cover your project’s objectives, key findings, methodology, economic concepts related to your topic, challenges, solutions, etc. 

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Home / Blog / CBSE Class 12 Economics Project Guide (2023-24)

CBSE Class 12 Economics Project Guide (2023-24)

• Last Updated on Dec 29, 2023

As soon as you step foot into higher education, the importance of holistic learning becomes all too apparent. The Central Board of Secondary Education (CBSE) acknowledges projects’ vital role in helping foster deep understanding and increasing critical thinking abilities across subjects. Economics, in particular, must receive special consideration as it plays an essential part in shaping the student’s understanding of global economic dynamics. Students appearing for the Class 12th Economics exam must submit a Class 12 Economics Project work that is a part of the evaluation. 

The project is worth 20 marks and must be made per the CBSE’s guidelines. In this post, we will discuss the Economics class 12 project work.

Also, Check : Class 12th English Project 2024

CBSE Class 12th Economics Projects Guidelines 2023-24

The Class 12 Economics project is a pivotal component that enhances your understanding of economic principles and real-world applications. On its official website, CBSE releases the economics class 12 project guidelines. When preparing the project, students must keep these things in mind:

• Students will complete one project per academic session.
• The project must consist of 3,500-4,000 words (excluding diagrams & graphs), handwritten preferably. 
• This project should represent an independent piece of study.

Also, Check –   Class 12th Economic Books pdf 2024

Also, the checklist of the Class 12 Economics Project is as follows:

Expected Checklist:

• Introduction of topic/title
• Identifying the causes, consequences and/or remedies
• Various stakeholders and the effect on each of them
• Advantages and disadvantages of situations or issues identified
• Short-term and long-term implications of economic strategies suggested in the course of
• Validity, reliability, appropriateness and relevance of data used for research work and
• for presentation in the project file
• Presentation and writing that is succinct and coherent in the project file
• Citation of the materials referred to in the file in footnotes, resources section, bibliography, etc.

Furthermore, you can also check the  Class 12th Commerce Papers 2024  with the following link.

Marking scheme of CBSE class 12th Economics Project Work 2023-24

Your Class 12 Economics Project evaluation holds immense significance in your overall assessment. The CBSE marking scheme emphasizes several key aspects. Below is a detailed table showing the mark distribution for the Class 12 Economics Project file:

Viva of Class 12th Economics Project 2023-24

As per the marking The Class 12 Economics Projects viva session is a main element of its assessment process, allowing students to verbally articulate and present the methodologies, findings, and insights presented within their projects. This interactive session helps the evaluator gauge student understanding. Vivas aims to foster critical thinking skills while improving communication and engaging deeper into subject matters for a comprehensive evaluation of the knowledge and skills of each student.

Objectives of CBSE Class 12th Economics Project 2023-24

The objectives of the Class 12 Economics Projects are to:

• Deepen their understanding of theoretical concepts covered in classes XI and XII; 
• Analyze real-world economic scenarios using theoretical constructs;
• Demonstrate learning of economic theory;
• Follow aspects of economics that spark learners’ interests;
• Developing communication and logic-based debating techniques.

CBSE Class 12 Economics Projects Work Ideas 2023-24

CBSE, on its official website, has presented a list of class 12 Economics project topics. It is important that students refer to the class 12 economics project PDF so that they go through the topics and then they can discuss it with their respective teachers. These are some of them:

• Micro and Small Scale Industries  
• Food Supply Channel in India
• Contemporary Employment Situation in India 
• The disinvestment policy of the government
• Goods and Services Tax Act and its Impact
• Health Expenditure (of any state)
• Human Development Index  
• Inclusive Growth Strategy
• Self-help group  
• Trends in Credit Availability in India
• Monetary Policy Committee and its functions  
• Role of RBI in Control of Credit
• Government Budget & its Components  
• Trends in the budgetary condition of India
• Exchange Rate determination – Methods and Techniques
• Currency War – reasons and repercussions
• Any other topic

How to Prepare For The Class 12 Economics Projects 2023-24?

After each session, each student will present his/her research work to external and internal examiners for review. For the viva, questions should be asked from their Research Work/ Project File. Learners should ensure their work submitted for evaluation is their original work, and in case of any doubt, the teachers must verify to confirm its authenticity.

Now, let’s understand how to prepare for the project:

• Topic Selection: Select a topic that aligns with the curriculum, such as contemporary economic issues or themes. Also, ensure personal interest as enthusiasm drives thorough research and analysis.
• Conduct In-Depth Research: Conduct intensive research by compiling pertinent data, case studies, and scholarly articles for your project. A well-researched project forms the basis of insightful analysis.
• Structured Format: Adhere to the specified format for presentations, which typically entails sections like introduction, methodology, analysis, findings and conclusion. Structured presentations allow greater clarity while simultaneously showcasing organizational abilities.
• Use Visual Aids: Visual aids such as graphs, charts, and tables can help visually illustrate data to ensure greater comprehension. They demonstrate our dedication to providing all pertinent information in an organized fashion.
• Preparing for a Viva Voce Session: Anticipate potential questions about your project and general economic concepts. Practice communicating your thoughts while being ready to present your thoughts and research methodology for the viva voce session for maximum confidence and a comprehensive presentation.
• How to prepare for the Class 12 Economics Project?

Prepare systematically by selecting a relevant and interesting topic. Conduct thorough research, adhere to the project format, utilize visual aids, infuse original analysis, and anticipate viva voce questions. Practice your presentation skills to ensure a comprehensive and well-structured project.

• Can we get a Class 12 Economics Projects Topic Idea from the NCERT Books?

While NCERT books provide foundational knowledge, consider exploring beyond them for project topics. Aim for contemporary issues or themes relevant to the curriculum. Originality is encouraged, so use NCERT books as a starting point but venture into broader research.

• Is it compulsory to prepare for the CBSE Class 12 Economics Projects?

Yes, the Class 12 Economics Project is a compulsory component of the CBSE curriculum. 

• How to prepare for Class 12 Economics Projects Viva-Voce?

Prepare for the viva voce by anticipating questions related to your project and broader economic concepts. Practice communicating your thoughts confidently, emphasizing your project’s methodology, findings, and implications. Familiarize yourself with potential queries to ensure a smooth and informed viva voce experience.

• What are the important questions for Economics VIVA?

Viva questions may cover your project’s methodology, objectives, key findings, economic concepts related to your topic, challenges, solutions, etc. 

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Mind the GAP Study Guide: Economics

The Department of Basic Education has pleasure in releasing the second edition of Mind the Gap study guides for Grade 12 learners. These study guides continue the innovative and committed attempt by the Department of Basic Education to improve the academic performance of Grade 12 candidates in the National Senior Certificate (NSC) examination. The second edition of Mind the Gap is aligned to the Curriculum and Assessment Policy Statement (CAPS).

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