Writing Assignment

According to the syllabus our papers should be 2 pages approx 700 words total. It does not specify the margins other than standard. Standard could be no more than 1 1/4 whereas two pages would be a little over 600 words. If the standard margin is 1 than the paper still would not equal to 700 words. So I guess the question would be what is the standard font size other than "12" Times Roman? It may appear I am analyzing this too much but Dr. Tabor does not want it to exceed 2 pages unless your points could not be made within two. However your paper should consist of 700 words. Can someone clarify this for me?