The document describes a simulation project for a communication link using AM and PSK modulation. Students are asked to design and simulate a communication link using AM modulation to transmit an audio signal, investigating the effects of different message signal frequencies and modulation indices. They also simulate communication links using BPSK and QPSK modulation schemes, comparing the performance of each in terms of bandwidth efficiency and required signal power. The project uses Matlab and Simulink to generate signals, design modulators and demodulators, and simulate the overall communication links.