In July, when energy prices were sky-high and some pundits were predicting a continued rise, Charles Riordan, facilities director at Loyola College of Maryland, and his colleagues locked in a chunk of their electricity prices--about a quarter of the college's consumption--to cover the next two years. Now that energy prices have fallen, the…

This article examines the Higher Education Price Index (HEPI), an inflation index that is useful to trustees. It is the only one of its kind that is designed specifically for higher education and is a more accurate and custom-tailored indicator of cost changes for colleges and universities than the federally compiled Consumer Price Index (CPI).…

Reviews aspects of the Bureau of Economic Analysis's 10th comprehensive revision reported in issues of the "Survey of Current Business." Focuses on the new method identified in the revision that provides an accurate characterization of changes in economic activity not affected by different relative prices in a new base year. (CMK)

Many colleges are announcing tuition rises of 7 percent to 10 percent, with costs continuing to rise. While the public has accepted tuition increases so far, there is concern that private institutions will price themselves out of the market. Several universities are beginning a new pricing policy favoring returning students. (MSE)

Using national survey data, dental school clinic fees were analyzed over a seven-year period. Analysis looked at fees for specific procedures, fee trends in different specialty areas, and comparisons of fees in dental school clinics and private practice. A comparison between clinic fees and the Consumer Price Index was also made. (MSE)

Higher Education prices and price indexes for fiscal years 1979-1981 are presented, with narrative explanation. A price index series measures the effects of price change on a fixed group of items. The change in price index values from year to year may be interpreted as the change in dollars required to offset the effects of inflation in buying the…

The theory and procedures for measuring geographical differentials in cost of living, amenities, wages, and cost of government services are presented. These differences are important to individuals seeking optimal locations, and within groups seeking equitable treatment in locational assignments. Indexes for these factors are reported for 579…

Utilizes two-dimensional price and output graphs to demonstrate the way that the price-level elasticity of aggregate demand affects alternative monetary policy rules designed to cope with random aggregate supply shocks. Includes graphs illustrating price-level, real Gross Domestic Product (GDP), nominal GDP, and nominal money supply targeting.…

Data from the American Association of University Professors' annual survey of college faculty salaries and fringe benefits are reported and related to the Consumer Price Index, real dollar trends, academic rank, discipline, institution type and affiliation, region, and tenure status. (MSE)