Cost-Effectiveness: A PrimerIn times of economic recession, cost-effectiveness and business evaluation assume a very important role in resource planning. Using the example of education, Levin introduces to administrators and evaluators alike the principles and practice of cost-effectiveness analysis -- to take account of both the costs and the effects of selecting alternatives, and suggests methods of minimizing the costs of research. Cost-effective analysis is studied in relation to cost-benefit analysis, cost-utility analysis, and cost-feasibility analysis, in the hope that the work might prime the reader to deal with any evaluation situation. |
Contents
Acknowledgments | 7 |
ESTABLISHING AN ANALYTIC | 33 |
THE CONCEPT AND MEASUREMENT | 47 |
Copyright | |
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additional administrators alternatives annual cost annualization factor approach appropriate ascertain assessed basis Beverly Hills budget calculation CB analysis CB ratios central processing unit chapter column considered constituencies cost analysis cost estimates cost-benefit analysis cost-effectiveness analysis cost-utility analysis costs and effects criteria CU ratios curriculum decision makers determine dimension dropouts earnings educational evaluation enrollments equipment estimating costs example expenditures expertise facility fringe benefits group instruction hypothetical implementation important ingre ingredients method inputs interest rate investment literacy marginal cost market price measure of effectiveness microcomputer monetary number of students obtain opportunity cost outcomes particular peer tutoring percent personnel possible potential present value primary audience primer problem reading refer school district secondary audience shadow prices specific sponsor stakeholders strategy Table teachers test scores tion tive total cost total ingredients cost types utility scale utility scores vocational vocational education volunteers worksheet