24+ Economics Project Ideas Class 11

Economics Project Ideas Class 11

Choosing the right project can make economics in Class 11 interesting, practical and useful for future study. This article gives you 25 detailed economics project ideas class 11 (each with objective, steps, data sources, and presentation tips) plus 25 additional quick ideas so you have 50 total options to pick from.

Each detailed project is written for students — simple language, clear steps, and suggestions that make research and presentation easy.

Use these projects to learn how economic concepts apply to real life: supply and demand, elasticity, production, markets, inflation, unemployment, public finance, development indicators and more.

Projects help you practice data collection, analysis, and communication — skills teachers value and colleges notice. Read the intro, pick a topic that excites you, follow the steps, and use the presentation tips to make a strong classroom submission.

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How to pick the best economics project ideas class 11

  1. Interest: Choose a topic you find interesting — you’ll work better and communicate more confidently.
  2. Feasibility: Check if data and resources are accessible (local surveys, internet, school library, government reports).
  3. Scope: For Class 11, pick a focused question. Avoid topics that are too broad.
  4. Time: Estimate how much time you have and pick a project matching your schedule.
  5. Originality: Add a local angle (your city, school or neighborhood) to make it unique.
  6. Skills: Select a project that helps you practice skills you want to build — graphs, simple statistics, interviews.

How to structure your project report

  • Title page (project title, your name, class, roll no., school, teacher’s name, date)
  • Acknowledgements (optional)
  • Contents / Index
  • Introduction (what you are studying and why)
  • Objective(s) (clear, short aims)
  • Methodology (how you collected and analyzed data)
  • Data / Findings (tables, charts, observations)
  • Analysis / Discussion (link findings to economic concepts)
  • Conclusion & Recommendations
  • References (books, websites, interviews)
  • Appendix (questionnaire, raw data)

Tips for presentation and evaluation

  • Use clear headings and numbered sections.
  • Include charts (bar, line, pie) and label axes.
  • Explain each chart in 1–2 sentences.
  • Keep text simple, avoid long paragraphs.
  • Practice a 5–7 minute oral summary for class.
  • Cite sources (websites, government data, interviews).
  • Use neat tables and append the questionnaire or consent form for surveys.

25 Detailed Economics Project Ideas Class 11

Below are 25 fully-fleshed projects suitable for Class 11. Each project includes: objective, materials/data sources, method, steps, expected results, and presentation tips.

1. Study of Demand and Supply of a Local Product

Objective: To analyze how demand and supply determine the price of a commonly used local product (e.g., sugar, milk, or vegetables).
Data sources / materials: Local shopkeepers, farmers, weekly price records, simple questionnaire.
Method: Collect weekly price and quantity supplied/demanded data for 8–12 weeks or ask shopkeepers about typical monthly changes.
Steps:

  1. Choose one product (e.g., milk).
  2. Visit 3–5 local sellers and ask current price and typical daily quantity sold.
  3. Record any weekly price changes for a month or two.
  4. Plot demand and supply curves (price on y-axis, quantity on x-axis).
  5. Identify equilibrium price and quantity.
    Expected results: Show how shifts (e.g., festival demand, seasonal supply) change equilibrium.
    Presentation tips: Use simple line graphs, label equilibrium, and give real examples (festival, weather).

2. Price Elasticity of Demand for a Product

Objective: To estimate price elasticity of demand (PED) for a product like notebooks or petrol among students/household buyers.
Data: Price changes over time or hypothetical price changes in a survey.
Method: Use the percentage method: PED = (% change in quantity demanded) / (% change in price).
Steps:

  1. Select a product and sample 50 respondents (students/parents).
  2. Ask how quantity purchased would change if price rose or fell by a certain percent.
  3. Compute average % change in quantity and % change in price.
  4. Calculate PED and classify (inelastic, unitary, elastic).
    Expected results: Find whether product is necessity or luxury for your sample.
    Presentation tips: Show calculation steps and interpret meaning for consumers and sellers.

3. Study on Impact of Advertisement on Consumer Choice

Objective: To examine how advertisement influences consumer buying decisions for one product category (soft drinks, toothpaste, apps).
Data: Surveys, advertisement examples, sales data (if available).
Method: Compare consumer preferences before and after exposure to an ad sample.
Steps:

  1. Choose a product and collect 30–50 responses on brand preference and reasons.
  2. Show a sample advertisement to half the respondents.
  3. Re-check preferences and note changes.
  4. Analyze how awareness, perceived quality and brand image changed.
    Expected results: Demonstrate the role of promotion and branding in demand.
    Presentation tips: Include screenshots of ads, simple before/after charts.

4. Unemployment in Your Area: Causes and Types

Objective: To investigate the nature and causes of unemployment locally (student youth/unskilled workers).
Data: Interviews with local employment office, surveys, newspapers.
Method: Classify unemployment (frictional, structural, cyclical) and present causes.
Steps:

  1. Prepare questionnaire focusing on job search duration, skills, and barriers.
  2. Collect 40–60 responses from different age groups.
  3. Analyze reasons (skill mismatch, low demand, seasonal).
  4. Suggest possible solutions (training, government schemes).
    Expected results: A clear map of unemployment causes and practical recommendations.
    Presentation tips: Use pie charts for unemployment types and list government schemes.

5. Inflation Measurement Using a Small Consumer Basket

Objective: To measure inflation by tracking a small basket of items (groceries or school items) over time.
Data: Prices of selected goods across 3–6 months.
Method: Create a weighted basket (weights can be equal or based on student spending). Calculate percentage change in total cost.
Steps:

  1. List 8–10 commonly bought items (rice, milk, notebooks).
  2. Note prices today and after 1–3 months.
  3. Calculate percent change in total basket cost (inflation rate for your basket).
  4. Compare with published CPI if available.
    Expected results: Show whether inflation is rising for items students buy.
    Presentation tips: Table of prices, calculate inflation percentage, discuss reasons for changes.

6. Role of Government Subsidies in Agriculture

Objective: To study how subsidies affect farmer income and crop choices in your area.
Data: Interviews with farmers, local agriculture office data, news articles.
Method: Qualitative study with some numerical estimates (costs and subsidy amounts).
Steps:

  1. Select 5–10 farmers growing a common crop.
  2. Ask about input costs, subsidy received and net income.
  3. Compare profitability before/after subsidy if possible.
  4. Discuss advantages and downsides (dependency, distortion).
    Expected results: Understand subsidy impact on production decisions.
    Presentation tips: Use tables for costs and quotes from farmers to support conclusions.

7. Study of Public Goods and Local Provision (e.g., Street Lighting, Park)

Objective: To analyze provision and funding of a local public good and citizen satisfaction.
Data: Survey residents, municipal records, observation.
Method: Assess provision level and collect resident opinions.
Steps:

  1. Choose a public good (park maintenance, streetlights).
  2. Survey 30–50 residents on usage and satisfaction.
  3. Check municipal budget info if available.
  4. Recommend improvements and funding methods.
    Expected results: A report on public good access, fairness, and finances.
    Presentation tips: Map usage and use direct quotes; propose simple financing ideas (local taxes, volunteer groups).

8. Microfinance and Its Impact on Local Small Businesses

Objective: To examine how microloans affect small businesses in your locality.
Data: Interviews with 5–10 small business owners who used microfinance, NGO reports.
Method: Case study approach.
Steps:

  1. Identify businesses that received microloans.
  2. Collect data on business size, loan amount, purpose, and change in income.
  3. Analyze repayment experience and impact on employment.
  4. Discuss pros and cons (financial inclusion vs high interest).
    Expected results: Understand microfinance role in entrepreneurship.
    Presentation tips: Short case studies with before/after numbers and borrower testimonials.

9. Comparative Study: Private vs Public School Fees and Facilities

Objective: To compare costs, facilities and outcomes of a private and a nearby government school.
Data: Fee structures, facility lists, interviews with students/teachers/parents.
Method: Comparative table and analysis.
Steps:

  1. Select one government and one private school in your area.
  2. Record fees, facilities (labs, sports), teacher-student ratio.
  3. Gather opinions on strengths and weaknesses.
  4. Discuss value for money and equity issues.
    Expected results: Show differences, link to public policy on education.
    Presentation tips: Use a side-by-side table and include photographs if allowed.

10. Consumption Patterns of Students: A Survey

Objective: To study spending habits of Class 11 students in your school.
Data: Questionnaire on weekly/monthly spending (food, transport, study material).
Method: Quantitative survey of classmates.
Steps:

  1. Create a short survey (categories and amounts).
  2. Collect 50–100 responses.
  3. Calculate averages and identify major spending areas.
  4. Discuss savings habits and implications for demand.
    Expected results: Clear picture of student consumption and factors influencing spending.
    Presentation tips: Bar charts for spending categories and recommendations for budgeting.

11. Study of Monopoly Pricing: Case of a Single Service Provider

Objective: To analyze pricing behavior of a local monopolist (e.g., a single internet provider in your area).
Data: Price, usage packs, competitor info (if any), customer feedback.
Method: Descriptive analysis with simple economic theory explanation.
Steps:

  1. Document pricing plans and any history of price changes.
  2. Survey customers on satisfaction and price sensitivity.
  3. Explain monopoly pricing and consumer surplus loss.
  4. Offer suggestions (regulation, competition).
    Expected results: Demonstrate how lack of competition affects prices and quality.
    Presentation tips: Use a diagram showing monopoly output vs competitive output.

12. Study on Savings Behaviour among Teenagers

Objective: To examine why and how teenagers save (purpose, methods, instruments).
Data: Survey classmates, bank youth account brochures.
Method: Questionnaire-based quantitative study.
Steps:

  1. Prepare simple questions: do you save, how much, where, and why?
  2. Collect responses (50–100).
  3. Analyze motives (pocket money, gifts, planned purchases).
  4. Discuss implications on future financial literacy needs.
    Expected results: Insight into early saving habits and suggestions for improvement.
    Presentation tips: Pie charts for saving reasons and recommended saving tips.

13. Impact of Online Shopping on Local Retailers

Objective: To study the effect of e-commerce on small local shops in your area.
Data: Interviews with local shopkeepers, customer surveys, sales trend observations.
Method: Qualitative and quantitative mix.
Steps:

  1. Interview 8–10 shopkeepers about sales trends over the past 2–3 years.
  2. Survey customers on shopping preferences (online vs offline).
  3. Identify reasons for shift (price, variety, convenience).
  4. Recommend strategies for local retailers (service, niche products).
    Expected results: Real-world evidence of market change and adaptation suggestions.
    Presentation tips: Compare sales trend numbers and include quotes.

14. Comparative Price Study of Branded vs Generic Products

Objective: Compare prices and perceived value of branded and generic products (e.g., cold medicine, notebooks).
Data: Shelf price at several stores, consumer perception survey.
Method: Price comparison and perception analysis.
Steps:

  1. Select 6–8 comparable products.
  2. Collect price data from 3–4 shops and online.
  3. Survey 40 consumers about perceived quality.
  4. Analyze price difference and willingness to buy generics.
    Expected results: Show price premium for brands and link to perceived utility.
    Presentation tips: Table with prices, percent difference, and survey results.

15. Study of Exchange Rates: Impact on Local Import Prices

Objective: To show how exchange rate changes affect prices of imported goods (mobile accessories, cosmetics).
Data: Exchange rate history (1–3 months), price data of selected imported items.
Method: Correlational study of exchange rate and retail prices.
Steps:

  1. Choose 3–5 imported items.
  2. Note their retail prices over 2–3 months.
  3. Record exchange rates for same period.
  4. Analyze correlation and explain import cost transmission.
    Expected results: Demonstrate that depreciation raises import prices and inflationary pressure.
    Presentation tips: Simple line graphs showing exchange rate and price movement.

16. Effectiveness of Price Controls: Case of Essential Commodities

Objective: To assess whether price caps on essential goods help consumers locally.
Data: Govt notifications (if any), market prices, seller interviews.
Method: Compare controlled price vs market price and availability.
Steps:

  1. Check if any item has a price cap locally.
  2. Survey shops on enforcement and availability.
  3. Analyze side effects (black markets, shortages).
  4. Make balanced recommendations.
    Expected results: Understand trade-offs of price controls.
    Presentation tips: Use a real example and discuss unintended consequences.

17. Gender Gap in Employment: Local Snapshot

Objective: To study employment rates and types of jobs held by men and women in a small area.
Data: Interviews, local employment records, observations.
Method: Descriptive statistics and interview insights.
Steps:

  1. Collect data (30–50 respondents) on employment status and job types.
  2. Compare male vs female participation rates and sectors.
  3. Analyze causes (education, social norms).
  4. Suggest interventions to improve female employment.
    Expected results: Show existence and reasons for gender employment gap.
    Presentation tips: Bar charts and suggested policy measures.

18. Role of Cooperative Societies in Local Economy

Objective: To explore how a local cooperative (credit or agricultural) supports members.
Data: Meetings, records, member interviews.
Method: Case study of one cooperative society.
Steps:

  1. Visit a cooperative, collect basic finances (loans given, interest).
  2. Interview members about benefits.
  3. Analyze strengths (access to credit) and weaknesses.
  4. Recommend improvements.
    Expected results: Understand cooperative role in financial inclusion.
    Presentation tips: Present member stories and simple financial tables.

19. Study on Effects of Minimum Wage on Teen Jobs

Objective: To analyze whether changes in minimum wages affect employment opportunities for teens (part-time jobs).
Data: Local wage rates, employer interviews, student surveys.
Method: Compare hiring patterns before/after wage change (if available) or compare industries with different wage levels.
Steps:

  1. Identify typical teen jobs and wage levels.
  2. Survey employers on hiring decisions.
  3. Survey teen workers for work hours and pay.
  4. Discuss trade-offs between income and employment.
    Expected results: Insight into how wage policy can affect entry-level jobs.
    Presentation tips: Use hypothetical scenarios to explain economic trade-offs.

20. Study of Transport Costs and Access to Education

Objective: To show how transport expenses affect school attendance or punctuality.
Data: Student surveys, transport fare data, attendance records if accessible.
Method: Correlate transport cost and attendance/punctuality.
Steps:

  1. Survey students on daily transport mode and cost.
  2. Compare with reported attendance or punctuality problems.
  3. Discuss if cheaper transport options would help attendance.
    Expected results: Link between transport affordability and education access.
    Presentation tips: Scatter plot (cost vs days absent) and short interviews.

21. Study of Seasonal Employment in Agriculture

Objective: To document seasonal labor patterns and income variation for farm workers.
Data: Interviews with farm labourers, local contractors, crop calendar.
Method: Map employment by season and estimate income variation.
Steps:

  1. Identify key agricultural seasons and labor demand.
  2. Interview 10–15 laborers about months of work and earnings.
  3. Present a seasonality calendar and income graph.
  4. Suggest safety nets (savings, alternate work).
    Expected results: Clear seasonal pattern and policy suggestions.
    Presentation tips: Use a calendar visual and include worker quotes.

22. Study on Waste Management and Economic Externalities

Objective: To analyze costs and benefits of current waste management practices in your area.
Data: Observations, municipality info, resident surveys.
Method: Identify negative externalities (health, environment) and who pays.
Steps:

  1. Map local waste disposal methods.
  2. Survey households on disposal and perceived problems.
  3. Estimate costs of poor waste management (health incidents, cleaning).
  4. Recommend corrective measures and funding.
    Expected results: Understand externality concept and local impact.
    Presentation tips: Photos, cost estimates, and recommended policies.

23. Cost-Benefit Analysis of a School Project (e.g., Canteen Upgrade)

Objective: To perform a simple cost-benefit analysis (CBA) for a proposed school improvement.
Data: Estimated costs, expected benefits (revenue, student satisfaction).
Method: List costs and quantify benefits in money or proxy units.
Steps:

  1. Define project (canteen upgrade, playground).
  2. Estimate one-time and recurring costs.
  3. Estimate benefits (more sales, healthier meals).
  4. Compare costs vs benefits and compute simple payback period.
    Expected results: Decide if the project is economically justified.
    Presentation tips: Clear table of costs/benefits and recommended decision.

24. Study of Taxation Awareness among Students

Objective: To measure how much students know about taxes and why taxes matter.
Data: Questionnaire to classmates, simple knowledge tests.
Method: Quantitative survey and short interviews.
Steps:

  1. Design a short quiz on types of taxes and uses.
  2. Survey 60–100 students.
  3. Analyze knowledge gaps and propose educational steps.
    Expected results: Identify lack of tax literacy and suggest school programs.
    Presentation tips: Use percent correct charts and propose lesson outlines.

25. Study on Digital Payments Adoption in Local Shops

Objective: To assess how and why small shops adopt digital payments (UPI, cards).
Data: Interviews with shopkeepers, transaction equipment availability.
Method: Survey shops and customers.
Steps:

  1. Visit 30 shops; note payment options available.
  2. Ask owners why they accepted or rejected digital payments.
  3. Analyze costs (device, fees) versus benefits (more customers).
  4. Recommend steps to increase adoption.
    Expected results: Real data on adoption barriers and drivers.
    Presentation tips: Map of shops with payment options and quote owners.

How to collect data ethically and safely

  • Always ask permission before interviews.
  • If surveying minors (other students), get teacher/parent consent if required.
  • Keep responses anonymous unless respondents agree to be named.
  • Be honest about the purpose of your survey.
  • Record sources and dates for credibility.

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Conclusion

You now have a full set of economics project ideas class 11 — 25 detailed projects with step-by-step guidance and 25 quick ideas for faster work.

These project ideas are designed for students: simple language, clear methodology, and realistic data-collection tips.

Start by choosing a topic you care about, plan your work in small steps (survey, analysis, write-up), and use the presentation tips to make your report stand out.

Remember: the goal of a project is not only to get a good grade but to learn how economic thinking explains everyday decisions and problems.

SKS Team

With years of experience, I work alongside a passionate group of educators and professionals to create a welcoming and supportive environment. At SKS International Gurukul, we focus on helping students grow both academically and personally, ensuring they have everything they need to succeed.

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