What is full economic costing and can it be gamed?
If you already know a lot about costing or research finances, be warned: this article contains simplifications, generalisations and omissions, which may annoy.
However, if you’re an early-career academic applying for funding from one of the research councils who wants to know enough to understand your budget, welcome. Full economic costing is far from straightforward, but it is possible to grasp the basics. Now, let’s crack on…