Focusing on the economic concepts of scarcity, opportunity cost, comparative advantage, supply and demand, price signals, diminishing returns, marginal utility, competition, monopoly, labor markets, income distribution, externalities, public goods, and many others, make research paper in a practical way to a business or social issue bridging the gap between theory and practice. The research paper should clearly incorporate the economic analysis and the concepts mentioned above as they pertain to the topic of research. Attempt to see business and social issues through the lens of economic logic. The conclusions should reflect a deeper economic way of thinking.

In the research paper, there should be:

Introduction: (Topic, statement of problem to be discussed)

Objectives: (Thesis statement, what is the goal of the essay?)

Methods of research used ( Case study, books and newspaper or magazine articles, personal statistical research, or previously conducted statistical surveys)

Findings and observations: ( Data, facts ascertained, what did you discover?)

Conclusions: ( Interpretation, analysis of findings, arguments, personal comments and your informed opinions.)

Documentation: (works cited, resources or material used.)