ISSN:
1573-188X
Keywords:
production function
;
higher education
;
productivity
;
efficiency
Source:
Springer Online Journal Archives 1860-2000
Topics:
Nature of Science, Research, Systems of Higher Education, Museum Science
Notes:
Abstract Increasing concern with productivity and efficiency in service industries such as higher education has created interest in cost analysis techniques, implicit in which must be some notion of the production function, that is, the technology by which inputs are combined to produce outputs. In order to clarify the existing confusion in higher education between inputs and outputs, and to offer aid in understanding the complex issues of productivity and efficiency, this paper offers a paradigm of the student as an economic entity analogous to the profit-maximizing firm in microeconomic theory. The paper concludes by suggesting an extension of the model to include the faculty member as an individual economic agent.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF00977398
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