MAEC Project Work Guidelines for MECP-201 & MECP-202 (2025) The Master of Arts in Economics (MAEC) program at Indira Gandhi National Open University (IGNOU) aims to give students advanced skills in applied economic analysis, research methodology, and economics. Project work, which falls under MECP-201 (Research Proposal/Synopsis) and MECP-202 (Dissertation/Project Report), is an essential part of this curriculum.
For students, understanding the IGNOU MAEC Project Work guidelines is essential, as it not only helps them fulfill academic requirements but also develops their research skills and ability to analyze real-world economic issues. This article provides a complete 2025 updated guide to preparing and submitting your MAEC project work at IGNOU.
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Importance of Project Work in IGNOU MAEC
The project work under MECP-201 and MECP-202 is designed to:
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Provide hands-on experience in research methodology.
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Develop the ability to identify and analyze economic problems.
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Train students in data collection, processing, and interpretation.
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Help learners apply theoretical knowledge to practical economic issues.
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Enhance skills for higher studies, teaching, or research careers.
Structure of MAEC Project Work
The project component consists of two stages:
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MECP-201 (Research Proposal/Synopsis)
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This is the first step, where students select a topic, define objectives, and plan methodology.
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It acts as a blueprint for the actual project report.
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Needs to be approved by IGNOU faculty/supervisor before proceeding to dissertation.
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MECP-202 (Dissertation/Project Report)
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Based on the approved MECP-201 proposal.
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Involves actual data collection, analysis, findings, and recommendations.
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Carries significant weight in final evaluation.
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Step-by-Step Process for IGNOU MAEC Project Work (2025)
1. Selection of Topic
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Choose a topic related to economics such as development, finance, banking, environment, trade, labor, rural economy, or public policy.
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Ensure the topic is manageable, researchable, and relevant.
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Seek approval from your supervisor.
2. Preparation of MECP-201 (Synopsis/Proposal)
The synopsis should include:
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Title of the study
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Introduction & background of the study
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Statement of the problem
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Objectives of the research
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Research questions/hypothesis (if applicable)
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Methodology (data collection methods, sample size, tools of analysis)
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Expected outcome/significance of study
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References
3. Submission & Approval
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Submit MECP-201 (Research Proposal) at your regional centre/study centre.
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Wait for approval from the supervisor/IGNOU authority.
4. Conducting Research
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Collect primary data (surveys, interviews, field visits) or secondary data (government reports, published sources, RBI/World Bank databases, etc.).
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Use appropriate statistical/econometric tools for analysis.
5. Writing MECP-202 (Dissertation/Project Report)
The dissertation should follow IGNOU’s prescribed format (discussed below).
6. Final Submission
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Submit two typed, bound copies of the dissertation to your regional centre.
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Also, submit a soft copy in PDF format (if required).
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Obtain a receipt/acknowledgment.
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Format of IGNOU MAEC Project Report (MECP-202)
A standard IGNOU MAEC dissertation should have the following structure:
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Title Page – Project title, student’s name, enrollment number, program code, supervisor’s name, IGNOU logo.
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Certificate of Originality – Signed by the student and supervisor.
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Acknowledgment – Optional but recommended.
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Table of Contents
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List of Tables & Figures (if any)
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Chapter 1: Introduction
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Background of the study
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Statement of problem
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Objectives
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Scope and significance
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Hypothesis/research questions
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Chapter 2: Review of Literature
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Summary of previous studies related to your topic.
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Chapter 3: Research Methodology
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Research design
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Sampling
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Data collection (primary/secondary sources)
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Tools of analysis (statistical/econometric methods)
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Chapter 4: Data Analysis & Interpretation
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Presentation of data in tables, charts, and graphs.
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Detailed interpretation.
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Chapter 5: Findings, Suggestions & Conclusion
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Key findings.
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Policy implications or recommendations.
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Limitations of the study.
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Bibliography/References (APA/MLA format preferred).
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Appendices (Questionnaire, interview schedule, raw data, etc.).
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Evaluation & Marks Distribution
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MECP-201 (Synopsis/Proposal): Non-credit but mandatory approval.
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MECP-202 (Dissertation): Evaluated for 100 marks.
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Project Report Evaluation: 70 marks
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Viva-Voce: 30 marks
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Students must secure a minimum of 40% marks to pass.
Sample Project Topics for IGNOU MAEC (2025)
Here are some suggested topics for MECP-201 & MECP-202:
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Impact of Microfinance on Women Empowerment in Rural India.
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A Study on the Effects of GST on Small Businesses.
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Role of FDI in India’s Economic Growth.
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Analysis of Rural Employment Trends under MGNREGA.
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The Relationship Between Inflation and Economic Growth in India.
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Digital Payment Systems and Their Impact on Indian Economy.
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Climate Change and Agricultural Productivity: A Case Study.
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Role of Self-Help Groups (SHGs) in Poverty Alleviation.
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Impact of Covid-19 on the Informal Sector in India.
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Trends and Determinants of Foreign Exchange Reserves in India.
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Key Guidelines for Students
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Choose a practical and researchable topic.
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Ensure original work; plagiarism may lead to rejection.
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Follow the word limit (10,000–15,000 words) for dissertation.
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Submit before the last date mentioned in the academic calendar.
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Keep a copy of your project report for future reference.
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Prepare for viva-voce (oral defense of project).
Submission Deadlines (2025)
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For July Session Students – Submit by 31st May 2025.
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For January Session Students – Submit by 30th November 2025.
(Deadlines may be extended; always check IGNOU’s latest notifications.)
FAQs
Q1. Is it compulsory to submit both MECP-201 and MECP-202?
Yes, MECP-201 (proposal) must be approved before you submit MECP-202 (final report).
Q2. Can I change my project topic after proposal approval?
Only with written permission from the supervisor/IGNOU.
Q3. What is the minimum word count for MAEC dissertation?
Generally 10,000–15,000 words.
Q4. Do I need a guide for MAEC project work?
Yes, an IGNOU-approved supervisor/guide is mandatory.
Q5. Can I submit my project online?
Currently, most centres accept hard copy submissions; however, some regional centres may ask for soft copy (PDF) submissions also.
Conclusion
The IGNOU MAEC Project Work (MECP-201 & MECP-202) is a vital component of the MA Economics program, helping students develop research aptitude, analytical skills, and practical knowledge. By carefully choosing a topic, following the official format, and submitting within deadlines, students can successfully complete their project and enhance their academic as well as professional prospects.
If you are an IGNOU MAEC student in 2025, start preparing your project work early and ensure it reflects both theoretical knowledge and practical application of economics.
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