All students in the program will complete a capstone course in their second year that will draw upon the academic background and training provided in both their core and elective courses, as well as the practical experience gained through their summer internship to analyze a key problem or challenge in economic development and provide both the analytical and governance components of an integrated solution to the problem. The class will be divided into groups of two or three students and each group will work on the project under the supervision of faculty mentor(s). The focus of the projects will be on demonstrating integration, application, and innovation skills to address challenges in managing the process of urban development.