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Michelson, Stephan – 1970
This publication is a discussion of the concept of an educational production function, a mathematical formulation of the relationship between inputs and outputs in education. A description of how a production function can direct decision making toward economic efficiency precedes a theoretical discussion of the nature of actual estimation. Several…
Descriptors: Accountability, Cost Effectiveness, Educational Economics, Educational Finance
Thomas, J. Alan – 1969
The interests of economists in educational systems have taken two directions: (1) Concern for the interchange of resources between educational systems and the national economy, and (2) an interest in the production of education. In expressing the resource interchange, economists rely on the language of productivity. Of concern is the global…
Descriptors: Administrator Role, Cost Effectiveness, Educational Economics, Input Output Analysis
Cohn, Elchanan; Millman, Stephen D. – 1974
This report explores some techniques that could assist educational managers in their attempts to arrive at more optimal input and output mixes. Following a review of the literature on input-output analyses in education and a description of the Pennsylvania Educational Quality Assessment Program (the basis of the present study), an empirical…
Descriptors: Accountability, Cost Effectiveness, Decision Making, Educational Assessment