ERIC Number: ED116573
Record Type: RIE
Publication Date: N/A
Reference Count: 0
Allocation Decisions in Higher Education.
Millett, John D.
College and university faculties and students often dislike being reminded that the organization of which they are a part is an economic enterprise. Yet, each individual college and university is an economic entity, substantially concerned with obtaining and utilizing economic resources. In the process of getting and spending, colleges and universities have a choice: to behave as an economic endeavor producing and selling services or to behave as a body politic obtaining resources from taxation and philanthropy and distributing these resources as some particular power structure may determine. Related issues are: (1) allocation mechanisms in the economy; (2) allocation in higher education; (3) sharing authority for resource allocation; (4) program planning and budgeting; (5) the university and the marketing-price mechanism; (6) the college and the marketing-price mechanism; (7) expenditure-income analysis and decision making; (8) criticisms of the market-price mechanism; and (9) the challenge of allocation decisions. (Author/KE)
Descriptors: Budgeting, Colleges, Cost Effectiveness, Decision Making, Educational Economics, Expenditures, Higher Education, Program Development, Resource Allocation, Universities
The Academy for Educational Development, 1414 Twenty-Second Street, N.W., Washington, D.C. 20037 ($2.00)
Publication Type: Books
Education Level: N/A
Authoring Institution: Academy for Educational Development, Inc., Washington, DC. Management Div.