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This state-of-art report describe the current status of the DUPIC fuel cycle economics analysis conducted by the DUPIC fuel compatibility assessment group of the DUPIC fuel development project. For the DUPIC fuel cycle economics analysis, the DUPIC fuel compatibility assessment group has organized the first technical meeting composed of 8 domestic specialists from government, academy, industry, etc. and a foreign specialist of hot-cell design from TRI on July 16, 1998. This report contains the presentation material of the first technical meeting, published date used for the economics analysis and opinions of participants, which could be utilized for further DUPIC fuel cycle and back-end fuel cycle economics analyses. 11 refs., 7 charts.