CAPSTONE PROJECT GUIDELINES FOR BS

(ECONOMICS)
(CODE 9337)

Department of Economics
Faculty of Social Sciences and Humanities
ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD
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Introduction

A capstone project is a multifaceted academic experience typically required for students

during the final year of an academic program. It is a comprehensive and interdisciplinary
project that often requires students to apply the knowledge and skills acquired throughout
their academic careers to solve real-world problems or issues.

Capstone projects come in all shapes and sizes, including research papers, case studies,
creative works, capstone project, and field placement projects. They are designed to
challenge students to think critically, solve complex problems, and demonstrate their
readiness for work in their field. Capstone projects are often a highlight of a student’s
academic career and can provide valuable experience and skills for their future
endeavors.

Types of Capstone Projects

Capstone projects are an essential part of many academic programs. They can vary from
program to program and take shape depending on the specific discipline and project
goals.

Research Paper/Major Project Course

A research paper or major project course is a comprehensive capstone that aims to equip
students with the necessary skills and knowledge to conduct research and produce a high-
quality research paper or major project. These typically include various topics such as
research methodology, literature review, data collection, and analysis, as well as writing
and presentation skills.

The course typically begins with an introduction to research methodology, including the
different research types, research design, and ethical considerations. Students are taught
how to conduct a literature review, which involves identifying and analyzing relevant
literature on the topic of their research. Data collection and analysis are also a focus in
this type of capstone project, with students demonstrating mastery in learning how to
collect and analyze data and showcasing various methods such as surveys, interviews,
and even experiments. They are also taught how to use statistical software, such as
SPSS and EViews, to analyze data and draw conclusions.

It’s also standard for these courses to focus on writing and presentation skills, with
students learning how to write a clear, concise, and well-structured research paper or
project relating to their major or focus. They are taught how to use proper citation and
referencing techniques, as well as how to present their findings in a professional and
engaging manner.
Completing a capstone research paper or major project course is crucial for students to
acquire the skills and expertise needed to conduct research and present their findings in a
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comprehensive manner. It serves as a culminating showcase of their academic

achievements.

Portfolio-Building Course

It is designed to help individuals create a professional portfolio that showcases their skills
and accomplishments. The course covers key points such as identifying your target
audience, selecting a suitable format for your portfolio, creating a solid visual design, and
selecting the best pieces to include.

These courses are designed to showcase the creativity and ingenuity of the student.
Additionally, a portfolio-building course provides guidance on writing compelling
descriptions and captions for each focus piece included. It also offers tips for presenting
your portfolio to the necessary stakeholders, like professors, advisors, and even
prospective employers. By the end of the course, participants should have a polished
portfolio that can be used to showcase their work to potential employers or clients.

Group Project Course

A group project course is designed to allow students to work collaboratively on a project

that requires them to apply the knowledge and skills they have acquired in their
respective fields of study. The course covers key points such as project planning, team
building, communication, problem-solving, and project management. Students are
expected to work in teams to identify a problem, develop and execute a project plan, and
clearly present their findings. A group project course also emphasizes the importance of
effective communication within the team and with external stakeholders. Through this
course, students develop critical thinking, leadership, and teamwork skills essential for
success in their future careers.

What Is the Goal of a Capstone Project?

A capstone project aims to demonstrate a student’s mastery of a particular subject or field

of study. It is typically a culminating project that integrates and applies the knowledge
and skills acquired throughout the course of a degree program. The project may involve
research, analysis, problem-solving, and creative work, and it should demonstrate the
student’s ability to think critically, communicate effectively, and work independently.
The ultimate aim of a capstone project is to produce high-quality, original work that
contributes to the student’s academic and professional development.

What Programs Usually Require Capstones?

Capstones are usually required in programs that involve hands-on learning and the
practical application of skills. These programs typically include engineering, computer
science, business, healthcare, education, and social sciences. Capstones require students
to demonstrate their mastery of the subject matter through a comprehensive project or
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presentation. Capstones are often required in graduate programs as a way to exhibit a

student’s research and analytical skills.

How to Choose a Capstone Topic

After dedicating time and effort to your academic program, the following requirement is
to select a unique interest topic that will embody all the knowledge and academic growth
attained throughout your studies. How do you choose a capstone topic? What determines
what kind of topic is most suitable?

 Identify your interests and passions: Choose a topic that you are passionate about
and interested in. This will make the research process more enjoyable and
engaging, not only for the student but also for the audience.

 Consider your career goals: Examine your future career goals and choose a topic
that aligns with them. This will help you gain relevant skills and knowledge that
will be useful in your future career.

 Research current trends and issues: Look for current trends and issues in your
field of study and choose a topic that addresses them. This will make your
capstone project more relevant and impactful.

 Consult with your advisor: Consult with your capstone advisor to get their input
and guidance on choosing a topic. They can provide valuable insights and help
you narrow down your options.
 Consider the scope and feasibility: Choose a topic that is manageable in terms of
scope and feasibility. Make sure you have access to the necessary resources,
equipment, and data to complete your project successfully.

 Brainstorm and refine your ideas: Brainstorm a list of potential topics and then
refine them based on your interests, career goals, and feasibility. Choose a topic
that you are excited about and can confidently expound upon
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Title of Your Capstone Project Here (bold, center aligned)

by

Name……………………………………………….

ID No.……………………………………………….

Submitted in partial fulfillment of the requirements for the

Bachelor of Science (BS) Degree in Economics

Department of Economics

Faculty of Social Sciences and Humanities

Allama Iqbal Open University, Islamabad

Year
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Signature Page

This capstone project paper has been examined and approved.

Review Committee:

___________________________________
(Name typed below line)

___________________________________
(Name typed below line)

Approved:

___________________________________
Head Department of Economics

Dated:____________
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ABSTRACT

Include a concise abstract of this document. The page is collated within the document

immediately following the signature page.

Abstracts should be about 100-200 words in length and Times New Roman, 12 points.

Consult the APA manual for some tips regarding the qualities of a good abstract. Pay

close attention to grammar and spelling; papers with misspellings and typographical

errors will be returned as will abstracts that do not follow the format as illustrated in this

document.
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ACKNOWLEDGMENTS

Many students like to acknowledge people who have significantly contributed to their

graduate education on this page and are welcome to do so. Remember, however, that

Acknowledgments are not part of the scholarly work. Acknowledgments and its page

number are not listed in the Table of Contents.

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TABLE OF CONTENTS

Abstract..............................................................................................................................3

List of Tables......................................................................................................................6

List of Figures....................................................................................................................7

Chapter I: Introduction....................................................................................................8
Purpose/Goals of Capstone Project...............................................................................8
Importance of Capstone Project.....................................................................................8
Connection to Standards................................................................................................8

Chapter II: Literature Review.........................................................................................9

Introduction....................................................................................................................9
Foregion Capstone Project
Domestic Capstone Project
Summary and Research Gap..........................................................................................9

Chapter III: Report / Analysis........................................................................................10

Chapter IV: Conclusion and Recommendations..........................................................11

References.........................................................................................................................12
Appendix A:
Appendix B: .....................................................................................................................14
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LIST OF TABLES

Table 1: Quantitative Data Analysis Match-up Table

Table 2: Pre- and Post-Student Teaching Ratings on the Nine Standards

Table 3: Group Means on Pre- and Post-Student Teaching Surveys

Notes:

A capstone project will generally not have a List of Tables page.

If you’ve constructed more than one table and plan to place them in the body of your
paper, include a list of them here. List the table number, name, and page on which the
table can be found (example above).

See the current APA manual for samples and formatting requirements.
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LIST OF FIGURES

Figure 1: Flow Chart..............................................................................................................

Figure 2: Detail of an Experimental Lab...............................................................................

Figure 3: Diagram of Classroom............................................................................................

Notes:
A capstone project will generally not have a List of Figures page.

If you’ve constructed more than one figure and plan to place them in the body of your
paper, include a list of them here. List the figure number, name, and page on which the
figure can be found (see above).

See the current APA manual for samples and formatting requirements.
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Chapter I: Introduction

Purpose/Goals of the Project

Statement of the purpose/goals of the Project should include the overall reason or goals

for completing the project. The author will explain the purpose of the project and the

goals he or she hopes to accomplish through it.

Importance of Capstone Project

Discuss – An explanation of how a project will help the author to achieve the stated

purpose and goals. Emphasize practical outcomes or products that will result.

Connection to Standards

Discuss – Connect the purpose and goals to a set of standards that guide the profession.

How will your project serve to assist you in meeting an established set of standards.

Select standards in consultation with your advisor.

Examples of standards include the Council for Exceptional Children (CEC) standards, the

MN Core Skills for Teachers of Special Education, MN Standards of Effective Teaching,

National Board for Professional Teaching (NBPT) Standards, The MN Core Leadership

Competencies for Minnesota Administrative Licenses, or the Educational Leadership

Constituents Council (ELCC) standards for Advanced Programs in Educational

Leadership.

Chapter II: Literature Review

Introduction

The format of each heading and sub-heading depends upon its level according to the

current APA manual.

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Next Heading

The format of each heading and sub-heading depends upon its level according to the

current APA manual.

Next Heading

Add as many headings as needed.

Summary

Write the chapter summary here.

Chapter III: Report / Analysis

This section should contain a brief explanation of the setup and method followed in

Capstone Project. The supported material will be furnished in the appendices to this

document.

Chapter IV: Conclusion and Recommendations

Again, start with an introduction. You might reiterate the purpose or problem that you

addressed.

Conclusions

This is the main section of the essay, and can be broken into sub-headings if desired.

Summarize what you did and what you learned by connecting your project experiences to

your purpose, goals, and standards.

Recommendations

Recommend some further research, work, or a change in practice.

REFERENCES

Make sure that everything you cite in text is also in the reference list and vice versa.
Below are examples of a journal and a book entry. Consult the current APA manual for
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additional examples. Notice that entries use a hanging indent set at ½ inch, are single
spaced, and have a blank line between each entry.

Clough, M. (1992). Research is required reading. The Science Teacher, 59(7), 36-39.

Cochran-Smith, M. (2001). Higher standards for prospective teachers. Journal of

Teacher Education, 52(3), 179-181.
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Appendix A:

Place materials into an appendix if it would be distracting to include it right in the body

of your document. Each appendix begins on a new page. Format the material in the

appendix in the same or a similar format as used in the original document. For example,

if a permission letter to the parents is part of the appendix, it should be formatted the

same as the original letter, etc. See the current APA manual for specifics.

Appendix B:

Place materials into an appendix if it would be distracting to include it right in the body
of your document. Each appendix begins on a new page.