Thepaper can cover any topic in economics that you choose . Howeverthe topic you choose got to be from the options listed below:

1.Opportunitycost
2.Interdependenceand the Gains from Trade(Absolute advantage, comparative advantage etc”¦)
3.HowMarkets Work: Supply and Demand Analysis
4.Priceceiling/Price floors
5.Elasticity
6.InternationalTrade (import, export, Effects of tariff, winners and losers fromtrade etc..).

Thepremise ofthe paper istopicka real-world situation or pop culture reference and explain how sometopic of economics listedbelow relatesto that subject. It can be anything. Thepurpose of the paper is to simply showthat you understand an economic concept and how it applies ina real world situation. Iattached a really good example on how the paper should look like soplease check it out before you start writing the paper. One lastimportant thing I want to mention is that once you have chosen yourtopic, the whole paper shouldn’t be on that one topic, you wouldhave to incorporate at least one or two other topics from the listabove that also relate to the real life situation you have chosen asyou go further in the paper. However,please don’t forget that the main focus of the paper should stillbe on the first topic you have chosen. On the example I attached youcan see that the main topic of the paper is opportunity cost but thepaper also talks about taxes as you go further.

Finally,at least 4citationsare needed for the paper.