A country study on Denmark is presented as part of a series prepared by the Organisation for Economic Cooperation and Development (OCED) Education Committee activity on changing patterns of finance in higher education. In Denmark, postsecondary institutions are the direct responsibility of the state. Some central problems are to strike a balance between the supply and demand for graduates, draw up a plan in conformity with financial realities and the intentions of public authorities, and implement plans bearing in mind the traditional autonomy of higher education institutions. Attention has focused on the intake of students, the fixing and distribution of total resources, and planning of the structure and content of studies. Using a system of central planning, the Danish accept students to courses with good rather than bad employment prospects and to courses rationally distributed among the institutions. This system signals which courses will offer good employment prospects. Admission policies are linked to the availability of resources. By the integrated planning of admissions and financial aspects, courses can be reoriented in the desired direction. This budget model is supplemented by new planning instruments. The change comprises a number of financial aspects, including the possible introduction of fees for certain higher education courses and the option of institutions raising revenue for their own consumption by marketing courses and other products. Twelve statistical tables are appended.. Contains 22 references. (SM)