Nowadays, it has little to do with its original field of usage. It should include the title of the paper, the name of the author, and the institution to which the paper is being presented.
Each page should have a running head along with a shortened name of the paper (which should not exceed 50 characters) aligned left, and the page number aligned right.
And, placing the second one, you can be sure to get another, even bigger, 25% rebate!
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The first thing to pay attention to when speaking about the peculiarities of an APA style paper is, definitely, its format.
APA stands for the organization which worked out the standards for academic papers in the social sciences, American Psychological Association.
Initially, APA style was developed to be used in psychology.
Later on, the academic community has loosely adopted this citation style. An APA style paper title page is a tricky thing when you don't know how to go about it.
Sometimes professors make little of these requirements; so, when you have to write an essay in APA format, you should consult your tutor on using it.
You don't want to lose points just because you've concluded what to do, and how to do it, on your own.