1) Find your topic for term paper.
2) Specify your Hypothesis
3) Find the source of available data related to your project and specify the scope and range of data (which years it covers and if it is International, National level, State level, County/City level, or Household/Individual level data)
4) Search for available literature and make a list of available literature with a brief summary of their main findings and results

A term paper must have the following section:
1. Title
2. Name, affiliation, and email address of the authors
3. Abstract
4. Keywords
5. Introduction and literature review (this literature will be listed in the reference section below) and how your work is similar to or different from the literature
6. Your hypothesis
7. Your sources of data and its specifications
8. Your model (for example, your regression model)
9. Your main results and discussion of your results
10. Future directions to improve your work
11. References

Also, the paper have to be about 13 pages (Double space / 11 pitch font / Time Roman)

Below you can find a list of resources for your projects (note that these are a few examples of the publicly available data only, and there are many more sources of data that are not in this list):

1) U.S. Bureau of Labor Statistics (BLS) at http://www.bls.gov/
2) U.S. Bureau of Economic Analysis (BEA) at http://www.bea.gov/
3) Census Bureau at http://www.census.gov/
4) Congressional Budget Office at http://www.cbo.gov/
5) US Department of Housing and Urban Development at http://www.huduser.org/portal/index.html
6) Minnesota Population Center at http://www.ipums.org/
7) National Longitudinal Surveys at http://www.nlsinfo.org/ and https://www.nlsinfo.org/investigator/
8) Economic Research Service in the U.S. Department of Agriculture at http://www.ers.usda.gov/
9) Panel Study of Income Dynamics at http://www.psidonline.org
10) Geographic Federal Reserve Economic Data at http://geofred.stlouisfed.org/
11) Federal Reserve Economic Data at http://research.stlouisfed.org/fred2/
12) Health and Retirement Study at http://hrsonline.isr.umich.edu/index.php?p=data
13) European Commission at http://ec.europa.eu/economy_finance/db_indicators/index_en.htm
14) The CESifo Group, consisting of the Center for Economic Studies (CES), the Ifo Institute for Economic Research and the CESifo GmbH (Munich Society for the Promotion of Economic Research), at http://www.cesifo-group.de/portal/page/portal/ifoHome
15) Economagic.com: Economic Time Series Page: http://www.economagic.com/
16) National Bureau of Economic Research at http://www.nber.org/data/
17) World Trade Organization (WTO) at http://www.wto.org/english/res_e/statis_e/statis_e.htm
18) The World Bank at http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/0,,menuPK:476823~pagePK:64165236~piPK:64165141~theSitePK:469372,00.html
19) International Monetary Fund (IMF) at http://www.imf.org/external/data.htm
20) National Health Interview Survey http://www.cdc.gov/nchs/nhis/quest_data_related_1997_forward.htm

And this list goes on …

As for current debates in economics go to: http://www.swlearning.com/economics/econ_debate.html
and for debates on supply and demand go to: http://www.swlearning.com/economics/econapps/topic_supply.html