Studies of "cost and value" in anatomical sciences education examine not only what works, but at what cost, thus evaluating the inputs and outputs of education. This research provides insights into how to use available resources (e.g., academic time, budgets, infrastructure) as a mechanism to obtaining the maximum outcomes available. The…

The Ministry of Education, Youth and Sports (MEYS) financially supports the Czech higher education institutions (HEIs). The largest amount of the MEYS's budget intended for HEIs subsidizes the public HEIs. Therefore, the aim of this paper is to measure the efficiency of the public higher education institutions. This will help us to determine which…

Using input and outcome data from a randomized study of dual-language immersion programs in an urban district, we examine the mediating relationships of dosage, expenditures, and classroom characteristics to students' academic performance, and the moderating role of students' race/ethnicity. Differential costs of immersion were concentrated at the…

This study investigates the relationship between the designated research project system independent variables of Labor, Travel, Equipment, and Contract total annual costs and the dependent variables of both the associated matching research project total annual academic publication output and thesis/dissertation number output. The Mahalanobis…

This study reviews the historical trend of college revenues and expenditures from a national perspective using primarily data from the Integrated Postsecondary Education Data System (IPEDS) as reported by the Delta Project for the years 1999-2009. Looking at trends related to state and local appropriations, college costs and prices, output, and…

This article examines the phenomenon of volunteering from a benefit-cost perspective. Both the individual making a decision to volunteer and the organization making a decision to use volunteer labor face benefits and costs of their actions, yet these costs and benefits almost always remain unarticulated, perhaps because the common perception of…

For the past two decades, and recently with the economic recession, the media has emphasized the decline of manufacturing in the United States and other developed countries. In the U.S., some initially blamed the North American Free Trade Agreement (NAFTA) for this decline. Hearing that manufacturing is on the decline, one might reason that its…

A multiproduct cost function is estimated for English higher education institutions using a panel of data from recent years. The panel approach allows estimation by means of a random parameter stochastic frontier model which provides considerable new insights in that it allows the impact on costs of inter-institutional differences in the cost…

This article discusses the impact of changing student demographics on financing education and on our national wellbeing. We begin by examining the research of current student demographics and their relationship to learning and education costs. We then calculate a 1% cost factor from the average per-pupil expenditure based on the 2011 "Digest…

This report analyzes the economic and social costs of the high school dropout problem in Montana from the perspective of a state taxpayer. The majority of the authors' analysis considers the consequences of this problem in terms of labor market, tax revenue, and public service costs. In quantifying these costs, the authors seek to inform public…

The aim of this study is to examine the costs and benefits of undertaking adult education courses from the perspective of the individual, using three different case studies. This will give a snapshot of the benefits and the types of costs incurred by three adult learners. Three individuals were contacted by Aontas and were asked if they would be…

This research identified the costs and benefits of the sitter service in Scotland. A "sitter service" is one that provides home-based childcare outside the hours of 8:00 AM to 6:00 PM on weekdays and at weekends to support children of shift workers, single parents/carers and for children who require additional support. Nine sitter…

This article presents a model for the analysis of cost efficiency within the framework of data envelopment analysis models. It calculates the cost excess, separating a unit of production from its optimal or frontier levels, and, at the same time, breaks these excesses down into three explanatory factors: (a) technical inefficiency, which depends…

There are several ways to construct an education price index (EPI). This report represents an attempt to identify methods and procedures for producing an accurate measure of educational resource input price indices. The methods are largely mathematical equations that link student achievement to the unique social, political, and economic costs of…

There is no unique answer to the question of what an ongoing program costs in medical schools. The estimates of program costs generated by classical methods of cost accounting are unsatisfactory because such accounting cannot deal with the joint production or joint cost problem. Activity analysis models aim at calculating the impact of alternative…