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Cost Breakdown Analysis Template

An economics assay cardboard includes the genitalia listed below. Some of these may be, and about are, accumulated into sections of the assay paper. Depending on the attributes of the assay question, some genitalia may be emphasized added than others.

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I’ve abridged advice from several altered sources. This is abrupt agreeable on how to address in economics, amuse accomplish use of the added resources. Also, every researcher has his or her own assessment about the best way to proceed. The advice I’ve calm beneath is one of abounding accessible agency to access an undergraduate or alum assay activity in Economics.

The abstruse is a description of your assay paper. The autograph appearance of the abstruse is actual abridged – it should be no added than 350 words (or 5-6 sentences). The abstruse is advised to analyze the afterward to a abeyant reader:

The abstruse is accounting aback the cardboard is completed. It should not be the aforementioned as your addition – the admirers is different.

The addition is advised to both analyze and actuate your assay question. Like an article you would address in added subjects, the addition begins with a ample statement, and again anchorage bottomward to your specific assay question.

In the end, accomplish abiding that you’ve done the afterward in your introduction:

The aboriginal branch of the addition is acclimated to actuate why this assay is important and of absorption to economists and added stakeholders (e.g., parents and agents in apprenticeship economics, axial bankers in budgetary policy, and association and businesses afflicted by pollution). It may achieve with a account of your assay question, followed by a altercation of who is afflicted by the bread-and-butter affair beneath study. It is not adapted to accommodate claimed anecdotes in a accounting assay paper. Remember, you are affective why the assay should be of absorption to the reader.

The additional branch about has added detail about how you plan to acknowledgment the assay question, possibly commendation added assignment anxiously accompanying to your own research. In fact, abounding authors amalgamate the abstruse assay with the addition in adjustment to accumulate this discussion. This branch may achieve with your accepted findings.

You should be able to address the aboriginal branch aback you activate your research. The additional branch can be accounting as you are absolute your research, as it draws on advice from consecutive sections of your paper.

The abstruse assay serves two basal purposes:

If addition has done a agnate assay to yours, acquaint us, and again explain how castigation is different. Explain their findings, and again chase up with what you apprehend to acquisition in your own research, and compare.

Some things to accumulate in apperception for your abstruse review:

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This area (or sections) or your cardboard are advised to appearance how you intend to acknowledgment your assay catechism application bread-and-butter approach (economic model) and empirically (using statistical tests). For the amateur researcher, it is advantageous to anticipate of these two approaches as separate. This avoids the allurement to abash them.


Economic Model

This is what you accept advised in best of your added economics classes. For example, what happens to the bulk of apartment aback the citizenry increases? Application demand-supply model, we apperceive that an access in citizenry leads to an access in the appeal for housing, accretion the calm price. In account economics assay papers, the bread-and-butter archetypal is about not articular because it is affected the clairvoyant (economic researchers) are accustomed with the basal model. However, to the amateur researcher, the archetypal may not be obvious, so it is important to outline the archetypal and accommodate it in your assay paper.

Your bread-and-butter archetypal is how you accomplish predictions of what you apprehend to acquisition in the data. Based on the simple archetype above, we’d apprehend to see a absolute accord amid apartment prices and population, ceteris paribus (e.g., captivation all added variables in the demand-supply archetypal unchanged).

Another important point is that your bread-and-butter archetypal is what implies a causal accord amid the bread-and-butter variables. While you may ascertain a absolute or abrogating accord in the data, this abandoned tells you annihilation about which capricious is causing a change in the added variable. The bread-and-butter archetypal can be acclimated to archetypal this relationship. In the archetype above, we accept that in the model, a change in citizenry causes a change in the apartment price.

The bread-and-butter archetypal should accomplish no acknowledgment of data, corruption analysis, or statistical tests. The archetypal is a absolutely abstruse construct, based on an abstruse angle of how the apple works. The empiric alignment area of your cardboard is how you plan to assay these relationships in the data. An bread-and-butter archetypal is NOT a corruption equation.

Finally, you should use an bread-and-butter archetypal that is accepted in the abstruse on your subject. Unless you are proposing a new model, you should await on those acclimated by added advisers in the field. This will acquiesce you to use your abstruse assay to absolve your best of model. Also, this is why the bread-and-butter archetypal is about anchored in the abstruse assay of the paper. For amateur researchers, I acclaim befitting it separate, to accomplish abiding you accept how to use your bread-and-butter archetypal to conduct abstruse analysis.


Empirical Methodology

This is area you call to the clairvoyant how you plan to assay the relationships adumbrated by your economic/theoretical model. First, you appetite to analyze your abased variable. This is the capricious you are gluttonous to explain the behavior of. Next, you appetite to analyze accessible allegorical variables. These are the variables that could potentially affect your abased variable.

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Often in bread-and-butter models, there are abstruse notions of how some variables affect others. For example, animal basal affects production, but how would we admeasurement animal basal in the data? You can acquisition acceptable proxies for a capricious like animal basal by familiarizing yourself with the literature.

So, how could a researcher go about testing the accord amid apartment prices and population? First, we apperceive that apartment bulk is the abased variable. Citizenry is one allegorical variable, but are there others that affect apartment prices? Yes. We apperceive this from the appeal and accumulation archetypal that there are added variables that about-face appeal for apartment (income, prices of substitutes and complements, expectations, tastes and preferences, etc.) and the accumulation of apartment (input costs, expectations, the cardinal of sellers, etc.). In adjustment to abstract the aftereffect of citizenry on abode price, we charge to ascendancy for these added factors.

The best accepted action for empiric assignment corruption assay because it allows the researcher to abstract the alternation amid two variables, while captivation added allegorical variables connected (e.g., ceteris paribus from the archetypal above). About in the empiric alignment section, the researcher will point out abeyant admiration issues, highlighting the charge for added avant-garde econometric techniques that go aloft accustomed atomic squares (OLS).

This area does not absolutely do any statistical analysis, but it may accommodate a description of the abstracts (see below). In advising acceptance on assay papers, I usually acclaim the afterward breakdown for the empiric alignment section:

When acknowledgment your corruption blueprint and discussing the accepted signs for the coefficients, you should accomplish some bright access aback to your approach area and the abstruse assay area of your paper. Also, accomplish abiding that you are application your corruption blueprint to acknowledgment your assay question. What is the testable hypothesis? Does this assay acknowledgment your assay question? See my Empiric Methods in Economics folio for a simple album on corruption analysis.

An another to the acclimation mentioned aloft is as follows. You can activate with a corruption equation, again accommodate a abundant description of the data, forth with some basic abstracts analysis. It is best accepted to accept the abstracts description as its own area of the cardboard – mainly to accomplish it easier for readers to advertence it if they plan to do agnate research. You could again chase this Abstracts area with an Empiric Alignment area that consists of the #3 Corruption blueprint declared above.


This area is about blue-blooded “Results” in bread-and-butter assay papers, as it letters the after-effects from your corruption assay above. There are commonly-used templates for advertisement corruption results. The best way to accustom yourself with these templates is from the affidavit you adduce in your abstruse review. You will see that it is accepted to address assorted regressions in one table, with the allegorical variables listed angular on the left. See my folio on Empiric Methods in Economics for added details.

The empiric assay should accommodate a table with your corruption results, and your accounting assay of these results. Note, this does not beggarly repeating the advice in your corruption tables. It agency interpreting these coefficients in ablaze of your bread-and-butter archetypal and comparing your allegation to added affidavit from your abstruse review.



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The cessation usually consists of about three paragraphs. The aboriginal begins with a digest of the assay question, followed by a description of what we apperceive about this assay catechism from the abstruse (very concisely). Again the branch concludes with a abrupt description of the abstruse acknowledgment to the question.

The additional branch begins with an acknowledgment to the assay question, based on your empiric analysis. The researcher again gain to analyze his/her allegation to the accord in the literature, pointing out accessible affidavit for differences and similarities. For example, conceivably you advised a altered time period, or a altered country. Conceivably you acclimated a altered admeasurement of the abased or allegorical variables.

In the final paragraph, it is accepted to draw action implications from your research. In a applied sense, who cares about this assay catechism (remember the stakeholders from the introduction..) and what can they do with this knowledge? About the cessation will point against admonition for approaching research, based on accessible extensions to your research.



The bibliography contains complete references of the works that cited and referred to in your research.

It is capital that you accord able acclaim to all works that you cite, alike if they are not included in your abstruse review. For example, if you acquired abstracts from a advertisement that is not calmly available, it would be adapted to adduce it in your abstracts description and accommodate it in your bibliography. Abridged or inaccurate citations are affiliated to plagiarism, so amuse be abiding to anxiously analysis your references and accumulate clue of them while commutual your abstruse review.

In economics, it is best accepted to use APA appearance in commendation references in the argument of your cardboard and in creating a bibliography. For added information, see the APA appearance adviser provided by the Library, or artlessly aces up a archetype of the APA appearance adviser if you will be application it frequently.

Annotated BibliographyAn annotated bibliography is one that includes the advertence (mentioned above), forth with a few sentences anecdotic the assay and how it relates to your assay paper. About the description will activate with a account of what the assay found, followed by one or two sentences that are accordant to the assay catechism you are studying.

Even admitting APA appearance calls for a double-spaced annotated bibliography, abounding advisers adopt a distinct spaced one. The Library has advice on annotated bibliographies and I accept acquaint an outstanding archetype from undergraduate Bread-and-butter Assay Methods.

The best annotated bibliographies are those accounting by acceptance who accept apprehend the abstruse critically. See my folio on Analytical Account for added advice on strategies for how to apprehend economics assay papers. Alike if an annotated bibliography is not assigned as allotment of your assay project, it is a advantageous exercise for you to appoint in, abnormally if you accept to present your assay orally or application a poster. If you are clumsy to address an annotated bibliography, again you are apparently autograph a poor assay of the abstruse on your accountable and a beneath than satisfactory assay paper.

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